The Most Affordable Neighborhoods in Bowdoin Apartments, Malden, MA by Home Value

 

Bowdoin Apartments, Malden, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bowdoin Apartments area can be challenging. Home prices in Bowdoin Apartments are now at a median cost of $597,212, higher than the Malden average of $501,515.

The average cost of rent is $1,898/mo in Bowdoin Apartments, primarily driven by the current value of real estate in the Bowdoin Apartments area. While nearly 35.66% of residents own their homes outright in Bowdoin Apartments, 64.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bowdoin Apartments is $5,089 per month. Households that rent pay about 37.29% of their income on rent here. Bowdoin Apartments's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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