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Affordable
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These days, finding an affordable place to live in the 02723 area can be challenging. Home prices in 02723 are now at a median cost of $358,355, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,101/mo in 02723, primarily driven by the current value of real estate in the 02723 area. In 02723, 68.42% of households rent, and 44.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02723 is $4,214 per month. Households that rent pay about 26.12% of their income on rent here. 02723’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 02721, MA: higher priced homes
- 02720, MA: higher priced homes
- 02724, MA: higher priced homes
- 02725, MA: higher priced homes
- 02726, MA: higher priced homes
- 02878, RI: higher priced homes
- 02790, MA: higher priced homes
- 02777, MA: higher priced homes
- 02809, RI: higher priced homes
- 02702, MA: higher priced homes
Zip Codes with Similar Populations
- 01520, MA: higher priced homes
- 29078, SC: less expensive homes
- 29585, SC: higher priced homes
- 81601, CO: higher priced homes
- 22963, VA: less expensive homes
- 83858, ID: higher priced homes
- 18707, PA: less expensive homes
- 16505, PA: less expensive homes
- 72364, AR: less expensive homes
- 65340, MO: less expensive homes
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