Affordable
Expensive
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These days, finding an affordable place to live in the Central Business District area can be challenging. Home prices in Central Business District are now at a median cost of $296,132, lower than the Worcester average of $432,762.
The average cost of rent is $1,524/mo in Central Business District, primarily driven by the current value of real estate in the Central Business District area. In Central Business District, 92.91% of households rent, and 41.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Business District is $4,009 per month. Households that rent pay about 38.01% of their income on rent here. Central Business District’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Institute Park, Worcester, MA: higher priced homes
- Bell Hill, Worcester, MA: higher priced homes
- Green Island, Worcester, MA: higher priced homes
- Main Middle, Worcester, MA: equally priced homes
- Franklin Plantation, Worcester, MA: equally priced homes
- Union Hill, Worcester, MA: higher priced homes
- Vernon Hill, Worcester, MA: higher priced homes
- University Park, Worcester, MA: less expensive homes
- Indian Lake East, Worcester, MA: higher priced homes
- Salisbury Street, Worcester, MA: higher priced homes
Neighborhoods with Similar Populations
- Southside University, St. Cloud, MN: less expensive homes
- Woodburn, Morgantown, WV: less expensive homes
- Urbanizacion Bonneville Hts, Caguas, PR: less expensive homes
- Emerald Estates, Bakersfield, CA: higher priced homes
- The Dominion, San Antonio, TX: higher priced homes
- Orange Blossom Gardens, Lady Lake, FL: less expensive homes
- Fairview, Milwaukee, WI: less expensive homes
- Sugar Pond Manor of Wellington, Wellington, FL: higher priced homes
- Arlington, Youngstown, OH: less expensive homes
- Fruitvale, Bakersfield, CA: higher priced homes
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