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These days, finding an affordable place to live in the Woodbridge area can be challenging. Home prices in Woodbridge are now at a median cost of $562,857, higher than the Connecticut average of $418,901.
The average cost of rent is $1,803/mo in Woodbridge, primarily driven by the current value of real estate in the Woodbridge area. In Woodbridge, 6.76% of households rent, and 43.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Woodbridge is $15,674 per month. Households that rent pay about 11.50% of their income on rent here. Woodbridge’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spring Glen, CT: less expensive homes
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Cities with Similar Populations
- Roosevelt, UT: less expensive homes
- Mendenhall, MS: less expensive homes
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- Millburn, NJ: higher priced homes
- Millis, MA: equally priced homes
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- Roanoke, AL: less expensive homes
- Rochester, PA: less expensive homes
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