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These days, finding an affordable place to live in the 01040 area can be challenging. Home prices in 01040 are now at a median cost of $185,469, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,059/mo in 01040, primarily driven by the current value of real estate in the 01040 area. While nearly 37.64% of residents own their homes outright in 01040, 59.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 01040 is $4,693 per month. Households that rent pay about 22.56% of their income on rent here. 01040's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 01013, MA: equally priced homes
- 01020, MA: higher priced homes
- 01075, MA: higher priced homes
- 01022, MA: equally priced homes
- 01073, MA: higher priced homes
- 01027, MA: higher priced homes
- 01104, MA: less expensive homes
- 01199, MA: higher priced homes
- 01107, MA: less expensive homes
- 01089, MA: higher priced homes
Zip Codes with Similar Populations
- 20735, MD: higher priced homes
- 11103, NY: higher priced homes
- 21014, MD: higher priced homes
- 30078, GA: higher priced homes
- 46062, IN: higher priced homes
- 20111, VA: higher priced homes
- 48221, MI: less expensive homes
- 44240, OH: less expensive homes
- 19136, PA: less expensive homes
- 85203, AZ: higher priced homes
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