salaryRent is higher than in 64% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (87.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $76,280 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Connecticut cities?
Yes. Rent here is cheaper than in most of Connecticut. It is number 32 of 64 cities from cheapest to most expensive.
How much do households earn in Southwood Acres?
Share of households by yearly income. 45.6% of households earn $100,000 or more.
Rent by apartment size in Southwood Acres
| Size | Southwood Acres | U.S. average |
|---|---|---|
| 2 bedrooms | $1,870 | $1,509 |
| 4 bedrooms | $2,115 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Southwood Acres overall?
Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Southwood Acres, so the Connecticut figure is shown.
Taxes and bills in Southwood Acres
Life in Southwood Acres
Is it cheaper to rent or buy in Southwood Acres?
About the same. Renting and owning cost within $48 of each other each month.
Owning assumes a typical $267,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,790 for the down payment.
Frequently asked questions
What is the average rent in Southwood Acres, CT?
Renting in Southwood Acres costs a median of about $1,907 a month in 2026, including utilities. The Connecticut median is $1,920.
How much do I need to make to live in Southwood Acres?
To keep rent under 30% of income, you need about $76,280 a year, or $37 an hour at a full-time job.
Is Southwood Acres cheap or expensive?
Southwood Acres is rated Cheap: rent takes 19.2% of the typical household income of $118,943. It ranks 32nd cheapest of 64 Connecticut cities we track.
How much are property taxes in Southwood Acres?
The median homeowner in Southwood Acres pays $5,725 a year in property taxes, about 2.14% of the median home value.
Is Southwood Acres more expensive than the national average?
Overall prices in Connecticut are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Southwood Acres?
The median home value in Southwood Acres is $267,900, about 2.3 times the typical yearly household income.
8,115 people live in Southwood Acres. Numbers are typical (middle) values.