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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 $206,438, lower than the New York average of $610,895.
The average cost of rent is $910/mo in Stamford, primarily driven by the current value of real estate in the Stamford area. In Stamford, 24.47% of households rent, and 56.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stamford is $5,169 per month. Households that rent pay about 17.60% of their income on rent here. Stamford’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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