The Most Affordable Neighborhoods in Ball Square, Somerville, MA by Home Value

 

Ball Square, Somerville, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ball Square area can be challenging. Home prices in Ball Square are now at a median cost of $949,541, higher than the Somerville average of $947,550.

The average cost of rent is $3,053/mo in Ball Square, primarily driven by the current value of real estate in the Ball Square area. In Ball Square, 55.38% of households rent, and 31.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ball Square is $14,786 per month. Households that rent pay about 20.65% of their income on rent here. Ball Square’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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