The Most Affordable Neighborhoods in 02050, MA by Home Value

 

02050, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 02050 area can be challenging. Home prices in 02050 are now at a median cost of $505,333, higher than the Massachusetts average of $477,554.

The average cost of rent is $1,268/mo in 02050, primarily driven by the current value of real estate in the 02050 area. While nearly 26.71% of residents own their homes outright in 02050, 16.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in 02050 is $9,689 per month. Households that rent pay about 13.09% of their income on rent here. 02050's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.


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