Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chicopee area can be challenging. Home prices in Chicopee are now at a median cost of $210,877, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,021/mo in Chicopee, primarily driven by the current value of real estate in the Chicopee area. While nearly 39.60% of residents own their homes outright in Chicopee, 40.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chicopee is $4,884 per month. Households that rent pay about 20.91% of their income on rent here. Chicopee's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Holyoke, MA: less expensive homes
- Indian Orchard, MA: less expensive homes
- Springfield, MA: higher priced homes
- West Springfield Town, MA: higher priced homes
- South Hadley, MA: higher priced homes
- Ludlow Center, MA: higher priced homes
- Ludlow, MA: higher priced homes
- Granby, MA: higher priced homes
- Agawam Town, MA: higher priced homes
- Easthampton, MA: higher priced homes
Cities with Similar Populations
- Aloha, OR: higher priced homes
- Yucaipa, CA: higher priced homes
- San Jacinto, CA: higher priced homes
- Punta Gorda, FL: higher priced homes
- Mount Prospect, IL: higher priced homes
- Miami Beach, FL: higher priced homes
- Jackson, NJ: higher priced homes
- Fairfield, CT: higher priced homes
- Diamond Bar, CA: higher priced homes
- Delano, CA: equally priced homes
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