The Most Affordable Neighborhoods in Woodmont, CT by Home Value

 

Woodmont, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Woodmont area can be challenging. Home prices in Woodmont are now at a median cost of $344,222, lower than the Connecticut average of $357,181.

The average cost of rent is $1,920/mo in Woodmont, primarily driven by the current value of real estate in the Woodmont area. While nearly 39.34% of residents own their homes outright in Woodmont, 17.55% rent.

Housing affordability isn’t just about home prices, though. The average household income in Woodmont is $7,703 per month. Households that rent pay about 24.93% of their income on rent here. Woodmont's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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