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These days, finding an affordable place to live in the Charlestown area can be challenging. Home prices in Charlestown are now at a median cost of $958,010, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,333/mo in Charlestown, primarily driven by the current value of real estate in the Charlestown area. In Charlestown, 49.30% of households rent, and 36.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charlestown is $13,542 per month. Households that rent pay about 17.23% of their income on rent here. Charlestown’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chelsea, MA: less expensive homes
- Everett, MA: less expensive homes
- Somerville, MA: equally priced homes
- Cambridge, MA: higher priced homes
- Boston, MA: less expensive homes
- Medford, MA: less expensive homes
- Malden, MA: less expensive homes
- Revere, MA: less expensive homes
- Allston, MA: less expensive homes
- Brookline, MA: higher priced homes
Cities with Similar Populations
- Chino Valley, AZ: less expensive homes
- Mead Valley, CA: less expensive homes
- Copiague, NY: less expensive homes
- Mayfield, KY: less expensive homes
- Columbia City, IN: less expensive homes
- Coldwater, MI: less expensive homes
- Riverton, NJ: less expensive homes
- Clive, IA: less expensive homes
- Clinton, TN: less expensive homes
- Clinton, NC: less expensive homes
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