The Most Affordable Neighborhoods in Boston Road, Springfield, MA by Home Value

 

Boston Road, Springfield, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Boston Road area can be challenging. Home prices in Boston Road are now at a median cost of $133,466, lower than the Springfield average of $254,441.

The average cost of rent is $1,173/mo in Boston Road, primarily driven by the current value of real estate in the Boston Road area. While nearly 43.61% of residents own their homes outright in Boston Road, 42.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Boston Road is $4,777 per month. Households that rent pay about 24.56% of their income on rent here. Boston Road's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.


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