Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Andover area can be challenging. Home prices in Andover are now at a median cost of $652,919, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,812/mo in Andover, primarily driven by the current value of real estate in the Andover area. While nearly 27.85% of residents own their homes outright in Andover, 19.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $13,021 per month. Households that rent pay about 13.91% of their income on rent here. Andover's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North Andover, MA: less expensive homes
- Lawrence, MA: less expensive homes
- Methuen, MA: equally priced homes
- Tewksbury, MA: less expensive homes
- Methuen Town, MA: less expensive homes
- North Reading, MA: equally priced homes
- Wilmington, MA: less expensive homes
- Boxford, MA: higher priced homes
- Lowell, MA: less expensive homes
- Dracut, MA: less expensive homes
Cities with Similar Populations
- San Luis, AZ: less expensive homes
- Cabo Rojo, PR: less expensive homes
- Patillas, PR: less expensive homes
- Ambler, PA: less expensive homes
- Woodbury, NJ: less expensive homes
- Gaffney, SC: less expensive homes
- Kinston, NC: less expensive homes
- Torrington, CT: less expensive homes
- Mattapan, MA: less expensive homes
- Pace, FL: less expensive homes
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