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These days, finding an affordable place to live in the Chesterfield area can be challenging. Home prices in Chesterfield are now at a median cost of $390,158, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,075/mo in Chesterfield, primarily driven by the current value of real estate in the Chesterfield area. In Chesterfield, 7.84% of households rent, and 26.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesterfield is $8,657 per month. Households that rent pay about 12.41% of their income on rent here. Chesterfield’s most expensive areas are in the central 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
- West Chesterfield, MA: equally priced homes
- Williamsburg, MA: equally priced homes
- Goshen, MA: less expensive homes
- Swift River, MA: less expensive homes
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- Worthington, MA: equally priced homes
- Lithia, MA: equally priced homes
- Haydenville, MA: equally priced homes
- West Whately, MA: equally priced homes
- Cummington, MA: less expensive homes
Cities with Similar Populations
- Valier, IL: less expensive homes
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- Timbercreek Canyon, TX: equally priced homes
- Timberlake, TN: less expensive homes
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- East Vandergrift, PA: less expensive homes
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