2026 Affordability Data
Most Affordable Neighborhoods in Derby - 2026 Data
The median home value in Derby is $220,600, 22% below nat'l avg. Median rent is $1,583/month. With an affordability index of 153, Derby is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Derby, CT area.
Key Takeaways: Affordability in Derby
- 1The most affordable neighborhood in Derby is Waterbury, with a median home value of $162,800.
- 2Derby's median home value is $220,600, 22% below nat'l avg (national: $281,900).
- 3Derby's affordability index is 153 (baseline 100), making it more affordable than the national average.
- 4Median rent in Derby is $1,583/month, 36% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Derby to find the most affordable areas based on home values, rent, and affordability index.
Derby Affordability Overview
Median Home Value
$220,600
22% below nat'l avg
Median Rent
$1,583/mo
36% above nat'l avg
Median Income
$69,835
6% below nat'l avg
Affordability Index
153
53% above nat'l avg
Most Affordable Neighborhoods in Derby (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WaterburyCT | $162,800 |
| 2 | StamfordCT | $584,700 |
| 3 | HartfordCT | $198,900 |
| 4 | NorwalkCT | $491,800 |
| 5 | MeridenCT | $199,100 |
| 6 | BristolCT | $235,700 |
| 7 | West HavenCT | $247,800 |
| 8 | Milford city (balance)CT | $361,900 |
| 9 | MiddletownCT | $257,800 |
| 10 | NorwichCT | $200,400 |
| 11 | DanburyCT | $355,500 |
| 12 | SheltonCT | $410,400 |
| 13 | New LondonCT | $220,300 |
| 14 | AnsoniaCT | $257,100 |
| 15 | New BritainCT | $188,700 |
Detailed Neighborhood Profiles
Home Value: $162,800
Rent: $1,583/mo
Affordability: 153
Population: 114,480
Walk Score: 32/100
Home Value: $584,700
Rent: $1,583/mo
Affordability: 153
Population: 135,413
Walk Score: 32/100
Home Value: $198,900
Rent: $1,583/mo
Affordability: 153
Population: 121,057
Walk Score: 32/100
4
Home Value: $491,800
Rent: $1,583/mo
Affordability: 153
Population: 91,050
Walk Score: 32/100
5
Home Value: $199,100
Rent: $1,583/mo
Affordability: 153
Population: 60,556
Walk Score: 32/100
6
Home Value: $235,700
Rent: $1,583/mo
Affordability: 153
Population: 61,052
Walk Score: 32/100
7
Home Value: $247,800
Rent: $1,583/mo
Affordability: 153
Population: 55,336
Walk Score: 32/100
8
Home Value: $361,900
Rent: $1,583/mo
Affordability: 153
Population: 50,664
Walk Score: 32/100
9
Home Value: $257,800
Rent: $1,583/mo
Affordability: 153
Population: 48,152
Walk Score: 32/100
10
Home Value: $200,400
Rent: $1,583/mo
Affordability: 153
Population: 40,054
Walk Score: 32/100
11
Home Value: $355,500
Rent: $1,583/mo
Affordability: 153
Population: 86,456
Walk Score: 32/100
12
Home Value: $410,400
Rent: $1,583/mo
Affordability: 153
Population: 41,206
Walk Score: 32/100
13
Home Value: $220,300
Rent: $1,583/mo
Affordability: 153
Population: 27,596
Walk Score: 32/100
14
Home Value: $257,100
Rent: $1,583/mo
Affordability: 153
Population: 18,954
Walk Score: 32/100
15
Home Value: $188,700
Rent: $1,583/mo
Affordability: 153
Population: 74,212
Walk Score: 32/100
Frequently Asked Questions About Affordability in Derby
What is the most affordable neighborhood in Derby, CT?▾
Based on 2026 data, Waterbury is the most affordable neighborhood in Derby with a median home value of $162,800. Kurby analyzed 15 neighborhoods in the Derby area to compile these rankings.
What is the median home price in Derby, CT?▾
The median home price in Derby is $220,600, which is 22% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Derby affordable compared to the national average?▾
Derby has an affordability index of 153, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Derby, CT?▾
The median monthly rent in Derby is $1,583. This is 36% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Derby?▾
The median household income in Derby is $69,835 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Derby are below the national average home price?▾
10 out of 15 ranked neighborhoods in Derby have a median home value below the national average of $281,900. The most affordable is Waterbury at $162,800 (Source: Kurby, 2026).