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Affordable
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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 $376,876, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,137/mo in Andover, primarily driven by the current value of real estate in the Andover area. In Andover, 11.85% of households rent, and 47.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $7,363 per month. Households that rent pay about 15.45% of their income on rent here. Andover’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Andover, NH: equally priced homes
- Salisbury Heights, NH: equally priced homes
- Wilmot, NH: equally priced homes
- Webster Lake, NH: less expensive homes
- Salisbury, NH: equally priced homes
- Elmwood, NH: less expensive homes
- North Wilmot, NH: less expensive homes
- Elkins, NH: higher priced homes
- Hill Center, NH: less expensive homes
- Danbury, NH: less expensive homes
Cities with Similar Populations
- Marine On St. Croix, MN: higher priced homes
- Hazelton, ID: less expensive homes
- Marshallville, GA: less expensive homes
- Nicholson, MS: less expensive homes
- Washington, TX: less expensive homes
- Freeport, OH: less expensive homes
- Gibson, GA: less expensive homes
- Polo, MO: less expensive homes
- Port Orford, OR: less expensive homes
- Preston, MN: less expensive homes
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