Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Niantic area can be challenging. Home prices in Niantic are now at a median cost of $286,205, lower than the Connecticut average of $357,181.
The average cost of rent is $1,269/mo in Niantic, primarily driven by the current value of real estate in the Niantic area. While nearly 36.12% of residents own their homes outright in Niantic, 34.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Niantic is $6,378 per month. Households that rent pay about 19.90% of their income on rent here. Niantic's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Giants Neck, CT: less expensive homes
- Millstone, CT: less expensive homes
- South Lyme, CT: higher priced homes
- East Lyme, CT: higher priced homes
- Laysville, CT: higher priced homes
- Waterford, CT: equally priced homes
- Old Lyme, CT: higher priced homes
- Pleasure Beach, CT: equally priced homes
- New London, CT: less expensive homes
- Quaker Hill, CT: less expensive homes
Cities with Similar Populations
- Veneta, OR: equally priced homes
- Chestnut Ridge, NY: higher priced homes
- Cheviot, OH: less expensive homes
- Chillicothe, IL: less expensive homes
- Toronto, OH: less expensive homes
- Umatilla, FL: less expensive homes
- Uncasville, CT: less expensive homes
- Union Park, FL: less expensive homes
- Valdese, NC: less expensive homes
- Vale, NC: less expensive homes
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