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These days, finding an affordable place to live in the Old Greenwich area can be challenging. Home prices in Old Greenwich are now at a median cost of $1,687,561, higher than the Connecticut average of $418,901.
The average cost of rent is $3,429/mo in Old Greenwich, primarily driven by the current value of real estate in the Old Greenwich area. In Old Greenwich, 13.88% of households rent, and 28.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Greenwich is $20,659 per month. Households that rent pay about 16.60% of their income on rent here. Old Greenwich’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverside, CT: equally priced homes
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- Port Chester, NY: less expensive homes
- Rye Brook, NY: less expensive homes
- Purchase, NY: equally priced homes
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- Harrison, NY: less expensive homes
Cities with Similar Populations
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- Mount Carmel, IL: less expensive homes
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