
Home Price Key
These days, finding an affordable place to live in the Westminster area can be challenging. Home prices in Westminster are now at a median cost of $242,784, lower than the Connecticut average of $357,181.
The average cost of rent is $812/mo in Westminster, primarily driven by the current value of real estate in the Westminster area. While nearly 30.24% of residents own their homes outright in Westminster, 18.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westminster is $9,858 per month. Households that rent pay about 8.24% of their income on rent here. Westminster's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
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