Home prices
The median home in Derby costs $206,300. This is roughly $102,980 (33%) lower in comparison to other places in this area.Compared to the entire nation it is roughly $11,200 (5%) lower, and in comparison to the city of New York it is roughly $399,700 (65%) lower.
Rents
Derby's median monthly rent is $1,087. In comparison to the surrounding areas it is approximately $395 (26%) lower.Compared to the country as a whole it is roughly $25 (2%) higher, and compared to the city of New York it is approximately $356 (24%) lower.
Nearby places
Ansonia
Ansonia is Derby's neighbor to the northeast. Its real estate prices are fairly similar. The median home value in Ansonia is $214,200, which works out to $7,900 (3%) higher than Derby. The rent there is pretty similar. The median rent in Ansonia is $1,101 a month, which works out to $14 (1%) higher than Derby.
Shelton
Shelton is Derby's neighbor to the southwest. The housing prices there are substantially more expensive. The median home price in Shelton is $349,300, which comes out to $143,000 (40%) higher than Derby. The rent there is a little more expensive. In Shelton the median rent is $1,466 per month, which works out to $379 (25%) higher than Derby.
Orange
Orange is Derby's neighbor to the southeast. Its real estate prices are a lot more expensive. The cost of the median home in Orange is $389,900, which works out to $183,600 (47%) higher than Derby. The rent there is a lot more expensive. Orange's median monthly rent is $1,648, which works out to $561 (34%) higher than Derby.
West Haven
West Haven is roughly 6 miles southeast of Derby. The housing prices there are a little less expensive. The cost of the median home in West Haven is $193,800, which works out to $12,500 (6%) lower than Derby. The rent there is a little more expensive. The median rent in West Haven is $1,164 per month, which works out to $77 (6%) higher than Derby.
Trumbull
Trumbull is roughly 7 miles southwest from Derby. The housing prices there are a lot more expensive. The price of the median home in Trumbull is $399,200, which works out to $192,900 (48%) higher than Derby. Its rents are significantly more expensive. In Trumbull the median rent is $2,032 per month, which comes out to $945 (46%) higher than Derby.