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These days, finding an affordable place to live in the Stamford area can be challenging. Home prices in Stamford are now at a median cost of $542,778, higher than the Connecticut average of $357,181.
The average cost of rent is $2,311/mo in Stamford, primarily driven by the current value of real estate in the Stamford area. While nearly 35.36% of residents own their homes outright in Stamford, 40.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Stamford is $10,103 per month. Households that rent pay about 22.88% of their income on rent here. Stamford's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Darien, CT: higher priced homes
- Old Greenwich, CT: higher priced homes
- Riverside, CT: higher priced homes
- Cos Cob, CT: higher priced homes
- Greenwich, CT: higher priced homes
- New Canaan, CT: higher priced homes
- Norwalk, CT: less expensive homes
- Port Chester, NY: less expensive homes
- Rye Brook, NY: higher priced homes
- Scotts Corners, NY: higher priced homes
Cities with Similar Populations
- Iowa City, IA: less expensive homes
- Johns Creek, GA: less expensive homes
- Inglewood, CA: higher priced homes
- Irving, TX: less expensive homes
- Harrisburg, PA: less expensive homes
- Huntington Park, CA: less expensive homes
- Huntington Beach, CA: higher priced homes
- Huntington, WV: less expensive homes
- Hesperia, CA: less expensive homes
- Hemet, CA: less expensive homes
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