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City · 74,223 residents · Capitol Planning Region, Connecticut

New Britain , Connecticut

In New Britain, a typical home is worth $223,600 and typical rent is $1,253 a month. Compared with all of Capitol Planning Region, typical household income is 37% lower, the typical home value is 31% lower, and the share of households that own their home is 21 points lower.

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  • Typical home value

    $223,600

    31% below the planning region

    39% below Connecticut

    • New Britain
    • Capitol
    • Connecticut

  • Typical rent

    $1,253a month

    11% below the planning region

    16% below Connecticut

    • New Britain
    • Capitol
    • Connecticut

  • Typical household income

    $58,613a year

    37% below the planning region

    39% below Connecticut

    • New Britain
    • Capitol
    • Connecticut

  • Households that own their home

    45%

    21 points below the planning region

    21 points below Connecticut

    • New Britain
    • Capitol
    • Connecticut

Source: U.S. Census Bureau, Average 2020–2024

New Britain is in Capitol Planning Region. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Capitol Planning Region. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets New Britain apart

What this place has that others do not, from public data, most unusual first.

  1. 45% of households in New Britain own their home, against 66% in Capitol Planning Region.

  2. The typical household income in New Britain is $58,613, 37% less than in Capitol Planning Region as a whole ($93,394).

  3. The typical home in New Britain is worth $223,600, 31% less than in Capitol Planning Region as a whole ($323,700).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in New Britain

What homes there are in New Britain, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Homes here are varied: buildings of 2 to 4 homes are 35% of them, more than in Capitol Planning Region (16%), and no kind reaches half.

Year built

Homes in New Britain are older: the typical year built is 1956; in Capitol Planning Region, 1966.

In New Britain, 19% of homes have 1 bedroom or none (studios); 46% have 3 bedrooms or more, against 58% in Capitol Planning Region.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 99% of owner-occupied homes in New Britain are worth less than $500,000, below the FHA loan limit for Capitol Planning Region ($541,287).

Monthly rent with utilities

By rent, most homes in New Britain cost less than HUD's 2-bedroom fair market rent ($1,933): about 91%.

With a mortgage

$1,915 a month

Capitol Planning Region: $2,284 a month

Without a mortgage

$893 a month

Capitol Planning Region: $1,027 a month

Owners with a mortgage

62%

Capitol Planning Region: 65%

Owning costs less in New Britain: with a mortgage, the typical cost is $1,915 a month; in Capitol Planning Region, $2,284. Without one, $893.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in New Britain rose 39% from 2015–2019 to 2020–2024.

Since 2015–2019, the typical rent in New Britain rose 22%.

The typical household income in New Britain rose 26% over that time; home values changed +39% and rent +22%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNew BritainCapitol Planning RegionConnecticutUnited States
Rental vacancy 6.9%4.8%4.3%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room 4.7%1.9%2.1%3.4%
People per household 2.462.412.462.53
Drive alone 73%70%69%69%
Carpool 11%8%8%9%
Public transit 4%3%3%3%
Walk or bike 2%2%3%3%
Work from home 8%17%16%15%
Other means 2%1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

In New Britain, the rental vacancy rate is 6.9%; in Capitol Planning Region, 4.8%.

More than one person per room: that is how 4.7% of households in New Britain live, more than in Capitol Planning Region (1.9%).

By size, households in New Britain look like those in Capitol Planning Region: 2.46 people on average.

Carpooling is common in New Britain: 11% of workers get to work that way, against 8% in Capitol Planning Region.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in New Britain?

A typical home costs more than the typical income allows

We start with a typical home in New Britain, worth $223,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in New Britain, which is $58,613 a year. For that payment to be 28% of income, a household would need to earn about $92,816 a year.

The calculator's FHA and conventional loan limits are those of all of Capitol Planning Region.

Your numbers

Local data
$

Starts at the typical home value in New Britain. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,826 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,166

at 7.18% · 30 years

Loan amount
$219,550
Total interest
$315,881
Paid off in
November 2056

Includes $3,776 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,368 a month

  • Tight

    $1,368 to $1,758 a month

  • Hard

    more than $1,758 a month

    Your payment · 44%

Compared with the typical household income in New Britain ($58,613 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,166
Principal & interest$1,487
Property tax$486
Home insurance$93
FHA mortgage insurance (MIP)$99

You need at least $7,826 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

New Britain and Capitol Planning Region

New Britain is in Capitol Planning Region, Connecticut. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

New Britain's own numbers

Typical home value
$223,600
Typical monthly rent
$1,253
Typical yearly household income
$58,613
Households that own their home
45%
Effective property tax rate
2.61%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Capitol Planning Region

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,933
Price change over 5 years (FHFA)
+62%
Homes in a high flood-risk zone
0.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Capitol Planning Region.

Everything about Capitol Planning Region

Buying

Buying a home in New Britain

A typical home in New Britain is worth $223,600: 31% below the planning region and 39% below Connecticut. With the typical household income in New Britain ($58,613 a year), a typical home costs 3.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • New Britain 3.8 years
  • Capitol 3.5 years
  • Connecticut 3.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Capitol Planning Region

According to FHFA’s house price index, home prices in Capitol Planning Region rose 73% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Capitol Planning Region.

Period Region Connecticut U.S.
Last year (2025) +5.7% +6.1% +2.9%
5 years (2020–2025) +62% +62% +47%
10 years (2015–2025) +73% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

New Britain next to Capitol Planning Region, Connecticut and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • New Britain $223,600
  • Capitol $323,700
  • Connecticut $366,900
  • United States $332,700
Typical monthly rent
  • New Britain $1,253
  • Capitol $1,411
  • Connecticut $1,488
  • United States $1,413
Typical yearly household income
  • New Britain $58,613
  • Capitol $93,394
  • Connecticut $95,781
  • United States $80,734
See the full table
New Britain next to Capitol Planning Region and Connecticut
Measure New Britain Capitol Planning Region Connecticut U.S.
Typical home value $223,600 $323,700 $366,900 $332,700
Typical monthly rent $1,253 $1,411 $1,488 $1,413
Typical yearly household income $58,613 $93,394 $95,781 $80,734
Households that own their home 45% 66% 66% 65%
Typical yearly property tax $5,846 $6,454 $6,643 $3,119
Effective property tax rate 2.61% 1.99% 1.81% 0.94%
Renters with high rent for their income 55% 52% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Capitol Planning Region. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in New Britain

For a typical $223,600 home in New Britain, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, New Britain's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,166a month

    Least cash to close
    Down payment
    $7,826
    Cash to close
    $14,534
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $99

  • Conventional, 5% down $2,125a month

    Down payment
    $11,180
    Cash to close
    $17,888
    Rate
    7.18%
    Mortgage insurance
    PMI · $106

  • Conventional, 20% down, no PMI $1,791a month

    Down payment
    $44,720
    Cash to close
    $51,428
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,998a month

    Down payment
    $33,540
    Cash to close
    $40,248
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for New Britain and for Capitol Planning Region.

Property tax

Effective rate in New Britain

2.61%of the home’s value each year

$5,846 a year for the typical owner in New Britain.

  • New Britain 2.61%
  • Capitol 1.99%
  • Connecticut 1.81%

What Connecticut publishes Deadline to appeal the assessment: February 20 (Connecticut General Assembly (General Statutes of Connecticut, Chapter 203))

Exemptions and deadlines in Connecticut

Flood risk in Capitol Planning Region

FEMA does not publish these numbers by city: they are for all of Capitol Planning Region.

Homes in the high-risk zone
0.8%
2,055
Of those, with NFIP insurance
32%
Region Connecticut U.S.
Homes in the high-risk zone 0.8% 3.1% 3.5%
Of those, with NFIP insurance 32% 51% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in New Britain

Typical rent in New Britain is $1,253 a month: 11% below the planning region. In New Britain, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Capitol Planning Region, by unit size. To pay the 2-bedroom one ($1,933 a month) without spending more than 30% of your income, you would need to earn $37.17 an hour working full time.

HUD fair market rent for all of Capitol Planning Region

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,346 $25.88 $53,840
1 bedroom $1,543 $29.67 $61,720
2 bedrooms $1,933 $37.17 $77,320
3 bedrooms $2,303 $44.29 $92,120
4 bedrooms $2,542 $48.88 $101,680

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

Low-income apartments

Low-income apartments in New Britain

HUD lists 29 buildings with rents for lower incomes in New Britain. These are the largest.

  • Elderly and Bond Street 67 Martin Luther King Dr, New Britain 06051 455 low-income homes · Run by Housing Authority of the City of New Britain · Average payment: $371 a month · Average wait: 47 months (860) 225-3534
  • School Apartments, The 50 Bassett St, New Britain 06051 224 low-income homes · For older adults (860) 229-3773
  • Mount Pleasant 36 Armistice St, New Britain 06053 188 low-income homes · Run by Housing Authority of the City of New Britain · Average payment: $702 a month (860) 225-3534
  • Oval Grove Apartments 1 Dobek Rd, New Britain 06053 160 low-income homes · Run by Housing Authority of the City of New Britain · Average payment: $611 a month (860) 225-3534
  • Burritt School Apts 75 North St, New Britain 06051 110 low-income homes · For older adults (860) 225-2471

See all 256 buildings in Capitol Planning Region Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in New Britain

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 5 HUD-approved agencies with an office in Capitol Planning Region; 3 say they serve in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in New Britain

No down payment, repair or rent-help program on our list is for New Britain or Capitol Planning Region. The ones below are statewide in Connecticut: they work in New Britain the same as in the rest of the state.

Which programs do I qualify for? All programs in Connecticut

Housing counselors near New Britain

The HUD-approved agencies closest to the center of New Britain, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Neighborhood Housing Services of New Britain, Inc.

    223 Broad St, New Britain · 0 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (860) 224-2433

  • Mutual Housing Association of Greater Hartford, Inc.

    95 Niles St, Hartford · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (860) 904-6865

  • NSC (naca Counseling Subsidiary) - Hartford CT

    241 Main St Fl 1, Hartford · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    203-562-6220-1385

Every agency in Capitol Planning Region All counseling agencies in Connecticut

Help in Spanish near New Britain

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of New Britain

HUD’s record names them for New Britain or Capitol Planning Region. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of New Britain Public housing and Section 8 vouchers (860) 225-3534

18 other authorities have an office in Capitol Planning Region: see the list Source: HUD

Cities

Other cities in Capitol Planning Region

These cities are also in Capitol Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Capitol Planning Region Housing in Connecticut
See 4 more cities in Capitol Planning Region, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to New Britain, with the typical home value.

Neighboring counties

If Capitol Planning Region is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in New Britain.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about New Britain

Short answers with the numbers for New Britain and all of Capitol Planning Region. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in New Britain?

The typical home value in New Britain is $223,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Capitol Planning Region it is $323,700.

How much does it cost to rent in New Britain?

Typical rent in New Britain is $1,253 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Capitol Planning Region is $1,933.

What is the FHA loan limit in New Britain?

New Britain uses the FHA limit for all of Capitol Planning Region (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in New Britain?

The typical homeowner in New Britain pays $5,846 a year, according to the U.S. Census Bureau. That is 2.61% of the home’s value; in Capitol Planning Region, the rate is 1.99%.

Where can I find free help to buy or rent in New Britain?

There are 5 HUD-approved counseling agencies with an office in Capitol Planning Region. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).