12 Most Affordable Places to Live in Connecticut in 2024
With its charming coastal towns and cities, such as Mystic and New Haven, scenic coastlines and the lush Connecticut River Valley, Connecticut is one of the many East Coast states with plenty to offer its residents. If you’re currently living in or are considering moving to the state, then chances are you have a budget you’d like to stay under when it comes to renting or buying a home. When it comes to buying a home in Connecticut the median home sale price is $424,800.
If that price doesn’t fit into your budget, don’t worry. Redfin has compiled a list of the 13 most affordable places to live in Connecticut. And they all have a median home sale price under the state’s average. So, read on to learn what cities are in the top 13.
#1: Waterbury
Median home price: $250,000
Average sale price per square foot: $177
Average rent for a 1-bedroom apartment: $1,000
Median household income: $46,329
Nearest major metro: Hartford (25 miles)
Waterbury, CT homes for sale
Waterbury, CT apartments for rent
With a median home sale price of $250,000, Waterbury lands the number one spot as the most affordable place to live in Connecticut. About 25 miles away from Hartford, the nearest major metro, Waterbury is home to roughly 114,400 people. Living in Waterbury, you can spend the afternoon at Hamilton Park, tour some of the museums like Mattatuck Museum or Holy Land USA Waterbury, or have a meal at one of the local restaurants.
#2: Manchester
Median home price: $260,000
Average sale price per square foot: $195
Average rent for a 1-bedroom apartment: $1,715
Median household income: $36,154
Nearest major metro: Hartford (10 miles)
Manchester, CT homes for sale
Manchester, CT apartments for rent
A little more expensive than Waterbury is Manchester, the second city on our list. With a population close to 59,700, there’s still plenty to do in this city. Plan to hike the Cheney Rail Trail, check out museums like The Fire Museum or Lutz Children’s Museum, and take in the views at Case Mountain.
#3: East Hartford
Median home price: $270,000
Average sale price per square foot: $200
Average rent for a 1-bedroom apartment: $1,175
Median household income: $59,954
Nearest major metro: Hartford (4 miles)
East Hartford, CT homes for sale
East Hartford, CT apartments for rent
Third on our list of affordable places to live in Connecticut is East Hartford. With a population of close to 50,700, living in East Hartford is a great option for those looking for a mid-sized city. If you’re going to call East Hartford home, plan time to check out the Great River Park where you’ll find views of Connecticut River, explore Wickham Park, and visit the restaurants in town.
#4: New Britain
Median home price: $275,000
Average sale price per square foot: $183
Average rent for a 1-bedroom apartment: $1,400
Median household income: $36,154
Nearest major metro: Hartford (10 miles)
New Britain, CT homes for sale
New Britain, CT apartments for rent
Another great area to add to your list is New Britain. With 74,100 residents, moving to this affordable city gives you the perks of city-life without living in a major metropolitan area. Living in New Britain, you can explore one of the countless museums like New Britain Museum of American Art or New Britain Industrial Museum, and check out Stanley Quarter Park.
#5: Bristol
Median home price: $292,500
Average sale price per square foot: $207
Average rent for a 1-bedroom apartment: $1,110
Median household income: $68,485
Nearest major metro: Hartford (20 miles)
Bristol, CT homes for sale
Bristol, CT apartments for rent
The next city is Bristol, where you’ll find the home prices are about $130K less than the state’s average. Bristol has about 60,800 residents and is a great city to consider buying a home in this year. Whether you visit museums like The Carousel Museum or American Clock & Watch Museum, check out Birge Pond and Page Park, and explore the downtown area with shops and restaurants, there are many activities to do and see in this city.
#6: Meriden
Median home price: $297,000
Average sale price per square foot: $195
Average rent for a 1-bedroom apartment: $1,000
Median household income: $58,472
Nearest major metro: Hartford (20 miles)
Meriden, CT homes for sale
Meriden, CT apartments for rent
Sixth is the city of Meriden, which has about 60,800 residents. The median home sale price is $297,000 which is about $120K less than the median home sale price in Connecticut. If you find yourself moving here, hike along the Meridian Linear Trail, check out parks like Hubbard Park, Doctor Francis Giuffrida Park, and Meriden Green, or visit the shops in the heart of Meriden.
#7: Hartford
Median home price: $315,000
Average sale price per square foot: $150
Average rent for a 1-bedroom apartment: $1,678
Median household income: $36,154
Hartford, CT homes for sale
Hartford, CT apartments for rent
Coming in as the seventh most affordable city to live in Connecticut is Hartford. When living in this city of 121,100 people, you can visit one of the museums like Wadsworth Atheneum Museum of Art or The Mark Twain House & Museum, spend the afternoon at Bushnell Park, or stroll through downtown and the riverfront.
#8: West Haven
Median home price: $333,000
Average sale price per square foot: $212
Average rent for a 1-bedroom apartment: $1,170
Median household income: $64,255
Nearest major metro: New Haven (5 miles)
West Haven, CT homes for sale
West Haven, CT apartments for rent
If you’ve lived in Connecticut for some time, chances are you know of our eighth city – West Haven. About 55,600 people live in West Haven, located just five miles west of New Haven. Be sure to spend a sunny beach day at Sea Bluff Beach, explore the Sandy Point Bird Sanctuary, or visit museums like the Ward Heitmann House Museum once living in West Haven.
#9: New Haven
Median home price: $336,725
Average sale price per square foot: $233
Average rent for a 1-bedroom apartment: $2,287
Median household income: $44,507
Nearest major metro: New York, NY (70 miles)
New Haven, CT homes for sale
New Haven, CT apartments for rent
Taking the ninth spot is New Haven, another one of the affordable places to live in Connecticut. This city has a population of 134,000 and you can visit Yale University to explore the campus grounds, tour the Peabody Museum of Natural History or the Knights of Columbus Museum, and stop by the Beinecke Rare Book & Manuscript Library. You’ll have plenty of activities to explore during your free time living in New Haven.
#10: Bridgeport
Median home price: $345,000
Average sale price per square foot: $192
Average rent for a 1-bedroom apartment: $1,050
Median household income: $47,484
Nearest major metro: New York, NY (60 miles)
Bridgeport, CT homes for sale
Bridgeport, CT apartments for rent
Another great place to consider living in Connecticut is Bridgeport where the population is about 148,600. Popular things to do in Bridgeport include walking out to the Fayerweather Island Lighthouse, spending the day at Seaside Beach, visiting Connecticut’s Beardsley Zoo, and checking out downtown Bridgeport where you’ll find restaurants, museums, and shops.
#11: Stratford
Median home price: $400,000
Average sale price per square foot: $267
Average rent for a 1-bedroom apartment: $1,595
Nearest major metro: New York, NY (60 miles)
Stratford, CT homes for sale
Stratford, CT apartments for rent
With a median home sale price of $400,000, Stratford is another affordable spot to consider moving to in Connecticut. There are about 52,400 people living in this city, giving Stratford a city-like feel without the hustle and bustle. If Stratford is the city for you, be sure to spend the afternoon at one of the beaches like Long Beach and Short Beach, explore Stewart B. McKinney National Wildlife Refuge, and have a meal along the riverfront.
#12: Danbury
Median home price: $414,000
Average sale price per square foot: $263
Average rent for a 1-bedroom apartment: $2,225
Median household income: $73,204
Nearest major metro: New York, NY (60 miles)
Danbury, CT homes for sale
Danbury, CT apartments for rent
Claiming the final spot on our list of most affordable places to live in Connecticut is Danbury. With a median home sale price of $414,000 and a population of 86,500 there are plenty of reasons that might convince you to move to Danbury. You’ll find lots of activities as well, such as visiting parks and green spaces like Wooster Mountain State Park Scenic Reserve and Bear Mountain Reservation, checking out the Danbury Railway Museum, and exploring the shops, restaurants, and venues along Main Street.
Methodology: All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Connecticut. Median home sale price and median sale price per square foot from the Redfin Data Center during July 2024. Average rental data from Rent.com August 2023. Population and median household income data sourced from the United States Census Bureau.
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