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These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $291,754, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,178/mo in Chester, primarily driven by the current value of real estate in the Chester area. In Chester, 15.81% of households rent, and 31.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chester is $7,458 per month. Households that rent pay about 15.80% of their income on rent here. Chester’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Blandford, MA: higher priced homes
- Middlefield, MA: higher priced homes
- Huntington, MA: equally priced homes
- Becket, MA: higher priced homes
- Goss Heights, MA: equally priced homes
- North Otis, MA: higher priced homes
- Blandford, MA: equally priced homes
- Worthington, MA: higher priced homes
- East Otis, MA: higher priced homes
- West Chesterfield, MA: higher priced homes
Cities with Similar Populations
- Kensington, OH: less expensive homes
- Snow Lake Shores, MS: less expensive homes
- Saranac, NY: less expensive homes
- Sadler, TX: equally priced homes
- Rockingham, GA: less expensive homes
- Milton, TN: higher priced homes
- Milesburg, PA: less expensive homes
- Midway, WV: less expensive homes
- Midway, AR: less expensive homes
- Marysville, IN: less expensive homes
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