The Most Affordable Neighborhoods in Bank Square, Waltham, MA by Home Value

 

Bank Square, Waltham, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bank Square area can be challenging. Home prices in Bank Square are now at a median cost of $503,868, lower than the Waltham average of $590,540.

The average cost of rent is $1,727/mo in Bank Square, primarily driven by the current value of real estate in the Bank Square area. While nearly 51.06% of residents own their homes outright in Bank Square, 62.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bank Square is $6,998 per month. Households that rent pay about 24.67% of their income on rent here. Bank Square's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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