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Expensive
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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 $226,372, lower than the Springfield average of $295,081.
The average cost of rent is $1,304/mo in Boston Road, primarily driven by the current value of real estate in the Boston Road area. In Boston Road, 33.64% of households rent, and 35.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Boston Road is $5,721 per month. Households that rent pay about 22.79% of their income on rent here. Boston Road’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pine Point, Springfield, MA: equally priced homes
- Sixteen Acres, Springfield, MA: higher priced homes
- East Springfield, Springfield, MA: equally priced homes
- Bay, Springfield, MA: equally priced homes
- Upper Hill, Springfield, MA: less expensive homes
- East Forest Park, Springfield, MA: higher priced homes
- McKnight, Springfield, MA: equally priced homes
- Old Hill, Springfield, MA: equally priced homes
- Liberty Heights, Springfield, MA: equally priced homes
- Maple High-Six Corners, Springfield, MA: less expensive homes
Neighborhoods with Similar Populations
- North Garrett Road, Durham, NC: higher priced homes
- Hollydale, South Gate, CA: higher priced homes
- Nollville, Martinsburg, WV: higher priced homes
- Mountain View, South Valley, NM: higher priced homes
- Castlegate, San Tan Valley, AZ: higher priced homes
- Cedonia, Baltimore, MD: less expensive homes
- Centerville, West Warwick, RI: higher priced homes
- Mount Carmel, Wyandotte, MI: less expensive homes
- Lynn Lane, Tulsa, OK: higher priced homes
- Lower Village District, Claremont, NH: higher priced homes
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