
Home Price Key
These days, finding an affordable place to live in the Chilmark area can be challenging. Home prices in Chilmark are now at a median cost of $1,290,172, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,520/mo in Chilmark, primarily driven by the current value of real estate in the Chilmark area. While nearly 56.49% of residents own their homes outright in Chilmark, 13.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chilmark is $8,816 per month. Households that rent pay about 17.24% of their income on rent here. Chilmark's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
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