Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central area can be challenging. Home prices in Central are now at a median cost of $860,171, higher than the Boston average of $545,530.
The average cost of rent is $2,337/mo in Central, primarily driven by the current value of real estate in the Central area. While nearly 49.50% of residents own their homes outright in Central, 78.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central is $8,665 per month. Households that rent pay about 26.97% of their income on rent here. Central's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Downtown Crossing, Boston, MA: higher priced homes
- Dock Square, Boston, MA: equally priced homes
- Back Bay, Boston, MA: higher priced homes
- South End, Boston, MA: higher priced homes
- East Cambridge, Cambridge, MA: equally priced homes
- South Boston, Boston, MA: higher priced homes
- Waterfront, Boston, MA: less expensive homes
- MIT, Cambridge, MA: higher priced homes
- Gove Street, Boston, MA: less expensive homes
- Dorchester Heights, Boston, MA: less expensive homes
Neighborhoods with Similar Populations
- Western Branch North, Chesapeake, VA: less expensive homes
- Wicker Park, Chicago, IL: less expensive homes
- Flour Bluff, Corpus Christi, TX: less expensive homes
- Weston Ranch, Stockton, CA: less expensive homes
- Bay Terraces, San Diego, CA: less expensive homes
- Beach Haven, Jacksonville, FL: less expensive homes
- Belair, Augusta, GA: less expensive homes
- Theater District, Manhattan, NY: higher priced homes
- South, Raleigh, NC: less expensive homes
- Chevy Chase, Washington, DC: higher priced homes
All Local Stats
Home Services
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