Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Beverly area can be challenging. Home prices in Beverly are now at a median cost of $548,966, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,313/mo in Beverly, primarily driven by the current value of real estate in the Beverly area. While nearly 22.80% of residents own their homes outright in Beverly, 37.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Beverly is $8,976 per month. Households that rent pay about 14.63% of their income on rent here. Beverly's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Wenham, MA: higher priced homes
- Salem, MA: less expensive homes
- Danvers, MA: less expensive homes
- South Hamilton, MA: higher priced homes
- Manchester-By-The-Sea, MA: higher priced homes
- Marblehead, MA: higher priced homes
- Peabody, MA: less expensive homes
- Manchester, MA: higher priced homes
- Swampscott, MA: equally priced homes
- Essex, MA: higher priced homes
Cities with Similar Populations
- Oak Harbor, WA: less expensive homes
- West Hollywood, CA: higher priced homes
- Venice, CA: higher priced homes
- Gillette, WY: less expensive homes
- Lumberton, NC: less expensive homes
- Fitchburg, MA: less expensive homes
- Freehold, NJ: less expensive homes
- Germantown, TN: less expensive homes
- Hampton, GA: less expensive homes
- Hudson, FL: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood