Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Westerly area can be challenging. Home prices in Westerly are now at a median cost of $364,598, higher than the Rhode Island average of $323,786.
The average cost of rent is $1,207/mo in Westerly, primarily driven by the current value of real estate in the Westerly area. While nearly 31.22% of residents own their homes outright in Westerly, 25.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westerly is $7,500 per month. Households that rent pay about 16.09% of their income on rent here. Westerly's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pawcatuck, CT: less expensive homes
- Wequetequock, CT: equally priced homes
- Bradford, RI: less expensive homes
- Ashaway, RI: less expensive homes
- Stonington, CT: higher priced homes
- North Stonington, CT: less expensive homes
- Wood River Junction, RI: less expensive homes
- Old Mystic, CT: less expensive homes
- Charlestown, RI: equally priced homes
- Hopkinton, RI: equally priced homes
Cities with Similar Populations
- Westlake Village, CA: higher priced homes
- Belgrade, MT: equally priced homes
- Bellefonte, PA: less expensive homes
- Bethany, OK: less expensive homes
- West Carson, CA: higher priced homes
- West Pensacola, FL: less expensive homes
- West Richland, WA: equally priced homes
- West St. Paul, MN: less expensive homes
- Westborough, MA: higher priced homes
- Westbrook, ME: less expensive homes
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