The Most Affordable Neighborhoods in Back Central, Lowell, MA by Home Value

 

Back Central, Lowell, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Back Central area can be challenging. Home prices in Back Central are now at a median cost of $259,117, lower than the Lowell average of $298,906.

The average cost of rent is $1,177/mo in Back Central, primarily driven by the current value of real estate in the Back Central area. While nearly 47.60% of residents own their homes outright in Back Central, 78.96% rent.

Housing affordability isn’t just about home prices, though. The average household income in Back Central is $3,945 per month. Households that rent pay about 29.83% of their income on rent here. Back Central's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.


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