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These days, finding an affordable place to live in the Amherst area can be challenging. Home prices in Amherst are now at a median cost of $533,451, higher than the New Hampshire average of $417,591.
The average cost of rent is $1,741/mo in Amherst, primarily driven by the current value of real estate in the Amherst area. In Amherst, 8.32% of households rent, and 35.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Amherst is $12,564 per month. Households that rent pay about 13.85% of their income on rent here. Amherst’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Milford, NH: less expensive homes
- Merrimack, NH: equally priced homes
- Mont Vernon, NH: equally priced homes
- North Brookline, NH: less expensive homes
- East Merrimack, NH: less expensive homes
- Bedford, NH: higher priced homes
- Wilton, NH: less expensive homes
- Hollis, NH: higher priced homes
- Litchfield, NH: equally priced homes
- Brookline, NH: equally priced homes
Cities with Similar Populations
- Accokeek, MD: equally priced homes
- Manchester, MD: less expensive homes
- St. Marys, OH: less expensive homes
- Ellettsville, IN: less expensive homes
- Marengo, IL: less expensive homes
- Mary Esther, FL: less expensive homes
- Evanston, WY: less expensive homes
- Lake Ariel, PA: less expensive homes
- Toney, AL: less expensive homes
- Benton, LA: less expensive homes
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