City · 6,977 residents · Northwest Hills Planning Region, Connecticut
Winsted, Connecticut
In Winsted, a typical home is worth $218,900 and typical rent is $1,183 a month. Compared with all of Northwest Hills Planning Region, the typical home value is 35% lower, typical household income is 31% lower, and the share of households that own their home is 22 points lower.
Winsted is in Northwest Hills 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 Northwest Hills Planning Region. See the county
What this place has that others do not, from public data, most unusual first.
1
55% of households in Winsted own their home, against 76% in Northwest Hills Planning Region.
2
The typical home in Winsted is worth $218,900,35% less than in Northwest Hills Planning Region as a whole ($335,600).
3
The typical household income in Winsted is $64,871,31% less than in Northwest Hills Planning Region as a whole ($93,551).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Winsted
What homes there are in Winsted, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Winsted
Northwest Hills Planning Region
Connecticut
United States
Kind of home: Winsted and its comparisons
Measure
Winsted
Northwest Hills Planning Region
Connecticut
United States
Detached house
42%
75%
59%
61%
Attached house
Unreliable estimate
4%
7%
6%
Building of 2 to 4
32%
13%
16%
8%
Apartments (5 or more)
22%
8%
19%
19%
Mobile home
Unreliable estimate
Unreliable estimate
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
No kind of home is the majority in Winsted; the largest group, detached houses, adds up to 42%, less than in Northwest Hills Planning Region (75%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Winsted
Northwest Hills Planning Region
Connecticut
United States
Year built: Winsted and its comparisons
Measure
Winsted
Northwest Hills Planning Region
Connecticut
United States
Before 1960
62%
44%
41%
26%
1960–1979
13%
22%
27%
24%
1980–1999
16%
22%
20%
25%
2000–2009
Unreliable estimate
9%
7%
14%
2010 or later
Unreliable estimate
3%
5%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K30%
$200K–$300K37%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Winsted and its comparisons
Measure
Winsted
Under $100K
Unreliable estimate
$100K–$200K
30%
$200K–$300K
37%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99926%
$1,000–$1,49949%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Winsted and its comparisons
Measure
Winsted
Under $500
Unreliable estimate
$500–$999
26%
$1,000–$1,499
49%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,609 a month
Northwest Hills Planning Region: $2,155 a month
Without a mortgage
$838 a month
Northwest Hills Planning Region: $965 a month
Owners with a mortgage
56%
Northwest Hills Planning Region: 62%
The typical cost for an owner with a mortgage in Winsted is $1,609 a month, less than in Northwest Hills Planning Region ($2,155); without one, $838.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
WinstedBoundaries changed
Northwest Hills Planning RegionBoundaries changed
Connecticut+33%
United States+53%
Typical rent
WinstedBoundaries changed
Northwest Hills Planning RegionBoundaries changed
Connecticut+26%
United States+33%
Typical household income
WinstedBoundaries changed
Northwest Hills Planning RegionBoundaries changed
Connecticut+22%
United States+29%
Change since 2015–2019: Winsted and its comparisons
Measure
Winsted
Northwest Hills Planning Region
Connecticut
United States
Typical home value
Boundaries changed
Boundaries changed
+33%
+53%
Typical rent
Boundaries changed
Boundaries changed
+26%
+33%
Typical household income
Boundaries changed
Boundaries changed
+22%
+29%
Winsted does not have the same boundaries as in 2015–2019: that is why there is no change to compare.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Winsted and its comparisons
Measure
Winsted
Northwest Hills Planning Region
Connecticut
United States
Rental vacancy
Unreliable estimate
3.1%
4.3%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.0%
2.1%
3.4%
People per household
1.92
2.32
2.46
2.53
Drive alone
78%
72%
69%
69%
Carpool
Unreliable estimate
7%
8%
9%
Public transit
Unreliable estimate
1%
3%
3%
Walk or bike
Unreliable estimate
4%
3%
3%
Work from home
8%
15%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Winsted are smaller: 1.92 people on average; in Northwest Hills Planning Region, 2.32.
To get to work, 78% of workers in Winsted drive alone; in Northwest Hills Planning Region, 72%.
Do the math
What would you pay each month for a home in Winsted?
A typical home costs more than the typical income allows
We start with a typical home in Winsted, worth $218,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Winsted, which is $64,871 a year. For that payment to be 28% of income, a household would need to earn about $83,829 a year.
The calculator's FHA and conventional loan limits are those of all of Northwest Hills Planning Region.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Winsted. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,662 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,956
at 7.18% · 30 years
Loan amount
$214,935
Total interest
$309,241
Paid off in
November 2056
Includes $3,697 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,514 a month
Tight
$1,514 to $1,946 a month
Hard
more than $1,946 a month
Your payment · 36%
Compared with the typical household income in Winsted ($64,871 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,456
Property tax
$312
Home insurance
$91
FHA mortgage insurance (MIP)
$97
You need at least $7,662 for the down payment, plus closing costs.
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.
Total monthly payment $1,956; principal and interest $1,456.
The city and its county
Winsted and Northwest Hills Planning Region
Winsted is in Northwest Hills 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).
Winsted
Map of Northwest Hills Planning Region, Connecticut, with Winsted marked. Around it, the neighboring counties.
Winsted
Northwest Hills Planning Region
Other cities with a page
Winsted's own numbers
Typical home value
$218,900
Typical monthly rent
$1,183
Typical yearly household income
$64,871
Households that own their home
55%
Effective property tax rate
1.71%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Northwest Hills Planning Region
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,560
Price change over 5 years (FHFA)
+65%
Homes in a high flood-risk zone
0.1%
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 Northwest Hills Planning Region.
A typical home in Winsted is worth $218,900: 35% below the planning region and 40% below Connecticut. With the typical household income in Winsted ($64,871 a year), a typical home costs 3.4 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.
Winsted3.4 years
Northwest Hills3.6 years
Connecticut3.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Northwest Hills Planning Region
According to FHFA’s house price index, home prices in Northwest Hills Planning Region rose 81% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Northwest Hills Planning Region.
Yearly change in FHFA’s price index in Northwest Hills Planning Region, 2016 to 2025
2016: +0.8% +0.8% 2016
2017: +0.4% +0.4% 2017
2018: +1.6% +1.6% 2018
2019: +1.2% +1.2% 2019
2020: +5.7% +5.7% 2020
2021: +12.7% +12.7% 2021
2022: +15.5% +15.5% 2022
2023: +9.4% +9.4% 2023
2024: +8.4% +8.4% 2024
2025: +6.8% +6.8% 2025
Change in FHFA’s price index in Northwest Hills Planning Region, Connecticut and the United States
Period
Region
Connecticut
U.S.
Last year (2025)
+6.8%
+6.1%
+2.9%
5 years (2020–2025)
+65%
+62%
+47%
10 years (2015–2025)
+81%
+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
Winsted next to Northwest Hills 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
Winsted$218,900
Northwest Hills$335,600
Connecticut$366,900
United States$332,700
Typical monthly rent
Winsted$1,183
Northwest Hills$1,193
Connecticut$1,488
United States$1,413
Typical yearly household income
Winsted$64,871
Northwest Hills$93,551
Connecticut$95,781
United States$80,734
See the full table
Winsted next to Northwest Hills Planning Region and Connecticut
Measure
Winsted
Northwest Hills Planning Region
Connecticut
U.S.
Typical home value
$218,900 ▼35% below the planning region
$335,600
$366,900
$332,700
Typical monthly rent
$1,183
$1,193
$1,488
$1,413
Typical yearly household income
$64,871 ▼31% below the planning region
$93,551
$95,781
$80,734
Households that own their home
55% ▼22 points below the planning region
76%
66%
65%
Typical yearly property tax
$3,754 ▼33% below the planning region
$5,593
$6,643
$3,119
Effective property tax rate
1.71% ▲0.04 points above the planning region
1.67%
1.81%
0.94%
Renters with high rent for their income
46% ▲1 points above the planning region
44%
53%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Northwest Hills 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 Winsted
For a typical $218,900 home in Winsted, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Winsted's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,956a month
Least cash to close
Down payment
$7,662
Cash to close
$14,229
Rate
7.18%
Mortgage insurance
FHA MIP · $97
Conventional, 5% down$1,916a month
Down payment
$10,945
Cash to close
$17,512
Rate
7.18%
Mortgage insurance
PMI · $104
Conventional, 20% down, no PMI$1,589a month
Down payment
$43,780
Cash to close
$50,347
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,792a month
Down payment
$32,835
Cash to close
$39,402
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Winsted
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,956
$7,662
$214,935
7.18%
FHA MIP · $97
$14,229
580
Conventional, 5% down
$1,916
$10,945
$207,955
7.18%
PMI · $104
$17,512
620*
Conventional, 20% down, no PMI
$1,589
$43,780
$175,120
7.18%
None
$50,347
620*
ITIN, 15% down (example)
$1,792
$32,835
$186,065
8.18%
None
$39,402
Set by the lender
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.
Typical rent in Winsted is $1,183 a month: about the same as the planning region. In Winsted, 46% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Northwest Hills Planning Region, by unit size. To pay the 2-bedroom one ($1,560 a month) without spending more than 30% of your income, you would need to earn $30.00 an hour working full time.
HUD fair market rent for all of Northwest Hills Planning Region
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Northwest Hills Planning Region (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,086
$20.88
$43,440
1 bedroom
$1,280
$24.62
$51,200
2 bedrooms
$1,560
$30.00
$62,400
3 bedrooms
$2,061
$39.63
$82,440
4 bedrooms
$2,359
$45.37
$94,360
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 Winsted
HUD lists 5 buildings with rents for lower incomes in Winsted. These are the largest.
Chestnut Grove Apts80 Chestnut St, Winsted 0609880 low-income homes · Run by Winchester Housing Authority · Average payment: $452 a month · Average wait: 7 months(860) 379-4573
Laurel Commons LP75 Gay St, Winsted44 low-income homes · 1 bd: 15 · 2 bd: 28 · 3 bd: 1 · In service since 2004 · For older adults
Greenwoods Garden11 Greenwoods Ave, Winsted 0609826 low-income homes · Run by Winchester Housing Authority · Average payment: $488 a month · Average wait: 37 months(860) 379-4573
Susan M.B. Perry Senior Hsg115 Spencer St, Winsted 0609820 low-income homes · For older adults(860) 951-9411
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.
We found no HUD-approved agencies with an office in Northwest Hills Planning Region. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Winsted or Northwest Hills Planning Region. The ones below are statewide in Connecticut: they work in Winsted the same as in the rest of the state.
Connecticut state agency second mortgage for the down payment and closing costs: 4% of the price, between $3,000 and $15,000, together with a CHFA mortgage.Offered by Connecticut Housing Finance Authority (CHFA).
Connecticut state agency loan of up to $25,000, with no interest or monthly payments, for the down payment and closing costs, forgiven 10% each year over ten years; it goes with a CHFA mortgage.Offered by Connecticut Housing Finance Authority (CHFA), on behalf of the CT Department of Housing.
Connecticut state agency mortgage for first-time buyers and for people who have owned a home before, with deferred 0% help of up to 3.5% of the loan for the down payment or closing costs.Offered by Connecticut Housing Finance Authority (CHFA).
No legal help resource on our list is for Winsted or Northwest Hills Planning Region in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
These cities are also in Northwest Hills Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.
Short answers with the numbers for Winsted and all of Northwest Hills 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 Winsted?
The typical home value in Winsted is $218,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Northwest Hills Planning Region it is $335,600.
How much does it cost to rent in Winsted?
Typical rent in Winsted is $1,183 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Northwest Hills Planning Region is $1,560.
What is the FHA loan limit in Winsted?
Winsted uses the FHA limit for all of Northwest Hills 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 Winsted?
The typical homeowner in Winsted pays $3,754 a year, according to the U.S. Census Bureau. That is 1.71% of the home’s value; in Northwest Hills Planning Region, the rate is 1.67%.
Where can I find free help to buy or rent in Winsted?
We found no HUD-approved counseling agencies with an office in Northwest Hills Planning Region; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
