Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chelmsford area can be challenging. Home prices in Chelmsford are now at a median cost of $429,103, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,968/mo in Chelmsford, primarily driven by the current value of real estate in the Chelmsford area. While nearly 30.50% of residents own their homes outright in Chelmsford, 20.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chelmsford is $10,221 per month. Households that rent pay about 19.25% of their income on rent here. Chelmsford's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- North Chelmsford, MA: equally priced homes
- North Billerica, MA: equally priced homes
- Lowell, MA: less expensive homes
- Westford, MA: higher priced homes
- Carlisle, MA: higher priced homes
- Riverside, MA: higher priced homes
- Billerica, MA: equally priced homes
- Graniteville, MA: higher priced homes
- Tyngsboro, MA: equally priced homes
- Dracut, MA: less expensive homes
Cities with Similar Populations
- Red Bluff, CA: less expensive homes
- Lapeer, MI: less expensive homes
- Leisure City, FL: less expensive homes
- Alabaster, AL: less expensive homes
- Macungie, PA: less expensive homes
- Murrells Inlet, SC: less expensive homes
- Peyton, CO: less expensive homes
- Plum, PA: less expensive homes
- Powell, TN: less expensive homes
- Ramsey, MN: less expensive homes
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