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These days, finding an affordable place to live in the 01240 area can be challenging. Home prices in 01240 are now at a median cost of $394,567, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,085/mo in 01240, primarily driven by the current value of real estate in the 01240 area. While nearly 41.34% of residents own their homes outright in 01240, 30.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 01240 is $6,330 per month. Households that rent pay about 17.14% of their income on rent here. 01240's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 01242, MA: less expensive homes
- 01254, MA: equally priced homes
- 01238, MA: less expensive homes
- 01202, MA: less expensive homes
- 01262, MA: higher priced homes
- 01201, MA: less expensive homes
- 01266, MA: higher priced homes
- 01260, MA: less expensive homes
- 01229, MA: higher priced homes
- 12029, NY: less expensive homes
Zip Codes with Similar Populations
- 49779, MI: less expensive homes
- 70085, LA: less expensive homes
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- 48892, MI: less expensive homes
- 89018, NV: less expensive homes
- 74337, OK: less expensive homes
- 62239, IL: less expensive homes
- 96750, HI: higher priced homes
- 27891, NC: less expensive homes
- 25045, WV: less expensive homes
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