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These days, finding an affordable place to live in the Boston area can be challenging. Home prices in Boston are now at a median cost of $217,753, lower than the Kentucky average of $219,615.
The average cost of rent is $1,043/mo in Boston, primarily driven by the current value of real estate in the Boston area. In Boston, 15.40% of households rent, and 43.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Boston is $5,686 per month. Households that rent pay about 18.34% of their income on rent here. Boston’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nelsonville, KY: equally priced homes
- Bellwood, KY: equally priced homes
- Lyons, KY: less expensive homes
- Younger Creek, KY: higher priced homes
- Cravens, KY: higher priced homes
- Culvertown, KY: higher priced homes
- New Haven, KY: equally priced homes
- Lebanon Junction, KY: equally priced homes
- Rogersville, KY: higher priced homes
- Gethsemane, KY: higher priced homes
Cities with Similar Populations
- Willshire, OH: less expensive homes
- Monument Valley, UT: less expensive homes
- Melcher-Dallas, IA: less expensive homes
- Middleville, NY: less expensive homes
- Milford, NY: less expensive homes
- Mill Neck, NY: higher priced homes
- Minden, TX: less expensive homes
- Minnesott Beach, NC: higher priced homes
- Mokane, MO: equally priced homes
- Monroe City, IN: less expensive homes
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