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Affordable
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These days, finding an affordable place to live in the 02301 area can be challenging. Home prices in 02301 are now at a median cost of $460,031, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,656/mo in 02301, primarily driven by the current value of real estate in the 02301 area. In 02301, 49.83% of households rent, and 25.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02301 is $7,387 per month. Households that rent pay about 22.41% of their income on rent here. 02301’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 02302, MA: less expensive homes
- 02322, MA: higher priced homes
- 02357, MA: higher priced homes
- 02379, MA: higher priced homes
- 02356, MA: higher priced homes
- 02351, MA: higher priced homes
- 02343, MA: equally priced homes
- 02072, MA: higher priced homes
- 02382, MA: equally priced homes
- 02375, MA: higher priced homes
Zip Codes with Similar Populations
- 20002, DC: higher priced homes
- 46307, IN: less expensive homes
- 34711, FL: less expensive homes
- 87114, NM: less expensive homes
- 60641, IL: less expensive homes
- 95687, CA: higher priced homes
- 75067, TX: less expensive homes
- 10701, NY: less expensive homes
- 11201, NY: higher priced homes
- 76179, TX: less expensive homes
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