The Most Affordable Neighborhoods in Southbury, CT by Home Value

 

Southbury, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southbury area can be challenging. Home prices in Southbury are now at a median cost of $295,770, lower than the Connecticut average of $357,181.

The average cost of rent is $1,658/mo in Southbury, primarily driven by the current value of real estate in the Southbury area. While nearly 39.88% of residents own their homes outright in Southbury, 11.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southbury is $9,339 per month. Households that rent pay about 17.75% of their income on rent here. Southbury's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.


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