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Affordable
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These days, finding an affordable place to live in the Billerica area can be challenging. Home prices in Billerica are now at a median cost of $583,060, lower than the Massachusetts average of $625,090.
The average cost of rent is $2,337/mo in Billerica, primarily driven by the current value of real estate in the Billerica area. In Billerica, 21.77% of households rent, and 35.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Billerica is $12,750 per month. Households that rent pay about 18.33% of their income on rent here. Billerica’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pinehurst, MA: equally priced homes
- North Billerica, MA: equally priced homes
- Riverside, MA: higher priced homes
- Tewksbury, MA: equally priced homes
- Bedford, MA: higher priced homes
- Wilmington, MA: higher priced homes
- Burlington, MA: higher priced homes
- Carlisle, MA: higher priced homes
- Chelmsford, MA: equally priced homes
- Lowell, MA: less expensive homes
Cities with Similar Populations
- Mckees Rocks, PA: less expensive homes
- Jesup, GA: less expensive homes
- Joshua, TX: less expensive homes
- Junction City, KS: less expensive homes
- Keene, NH: less expensive homes
- Kennett Square, PA: equally priced homes
- King George, VA: less expensive homes
- Latham, NY: less expensive homes
- Aberdeen, MD: less expensive homes
- Leesburg, GA: less expensive homes
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