Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Area IV area can be challenging. Home prices in Area IV are now at a median cost of $816,894, lower than the Cambridge average of $947,714.
The average cost of rent is $2,038/mo in Area IV, primarily driven by the current value of real estate in the Area IV area. While nearly 30.22% of residents own their homes outright in Area IV, 74.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Area IV is $8,477 per month. Households that rent pay about 24.04% of their income on rent here. Area IV's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Wellington-Harrington, Cambridge, MA: equally priced homes
- Mid-Cambridge, Cambridge, MA: higher priced homes
- Cambridgeport, Cambridge, MA: equally priced homes
- MIT, Cambridge, MA: higher priced homes
- Riverside, Cambridge, MA: higher priced homes
- Union Square, Somerville, MA: equally priced homes
- East Cambridge, Cambridge, MA: equally priced homes
- Aggasiz-Harvard, Cambridge, MA: higher priced homes
- Back Bay, Boston, MA: higher priced homes
- East Somerville, Somerville, MA: less expensive homes
Neighborhoods with Similar Populations
- 25th Street, Ogden, UT: less expensive homes
- Millbrook, Grand Rapids, MI: less expensive homes
- Alki, Seattle, WA: equally priced homes
- Greenwood, Newport News, VA: less expensive homes
- Hamilton Main Street Historic District, Hamilton, OH: less expensive homes
- Inverness, Hoover, AL: less expensive homes
- Cumberland, Atlanta, GA: less expensive homes
- North Valley, Syracuse, NY: less expensive homes
- Oak Hill, Newton Center, MA: higher priced homes
- South Bay, Eureka, CA: less expensive homes
All Local Stats
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