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These days, finding an affordable place to live in the Simsbury area can be challenging. Home prices in Simsbury are now at a median cost of $473,382, higher than the Connecticut average of $418,901.
The average cost of rent is $2,229/mo in Simsbury, primarily driven by the current value of real estate in the Simsbury area. In Simsbury, 18.16% of households rent, and 31.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Simsbury is $14,850 per month. Households that rent pay about 15.01% of their income on rent here. Simsbury’s most expensive areas are in the southeastern 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
- Simsbury Center, CT: less expensive homes
- West Simsbury, CT: equally priced homes
- Weatogue, CT: equally priced homes
- Tariffville, CT: less expensive homes
- Canton Center, CT: less expensive homes
- Canton, CT: less expensive homes
- West Granby, CT: equally priced homes
- Avon, CT: higher priced homes
- Collinsville, CT: less expensive homes
- North Canton, CT: less expensive homes
Cities with Similar Populations
- Slocomb, AL: less expensive homes
- Fellsmere, FL: less expensive homes
- Fennville, MI: less expensive homes
- Flora, IL: less expensive homes
- Sheridan, CO: less expensive homes
- Shrewsbury, MO: less expensive homes
- Shrewsbury, PA: less expensive homes
- Sidney, NE: less expensive homes
- Siesta Key, FL: higher priced homes
- Silt, CO: equally priced homes
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