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These days, finding an affordable place to live in the Colrain area can be challenging. Home prices in Colrain are now at a median cost of $286,446, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,119/mo in Colrain, primarily driven by the current value of real estate in the Colrain area. In Colrain, 13.90% of households rent, and 42.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colrain is $7,059 per month. Households that rent pay about 15.85% of their income on rent here. Colrain’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Griswoldville, MA: higher priced homes
- Leyden, MA: higher priced homes
- Shelburne Falls, MA: higher priced homes
- Heath, MA: equally priced homes
- Shelburne, MA: higher priced homes
- Green River, VT: higher priced homes
- West Halifax, VT: equally priced homes
- Greenfield, MA: equally priced homes
- Charlemont, MA: equally priced homes
- Bernardston, MA: higher priced homes
Cities with Similar Populations
- Allen, MI: less expensive homes
- Randle, WA: higher priced homes
- Plains, GA: less expensive homes
- Pinetta, FL: less expensive homes
- Pine Island, NY: higher priced homes
- New Berlin, PA: less expensive homes
- Mountain View, WY: equally priced homes
- Morristown, MN: less expensive homes
- Manly, IA: less expensive homes
- Slaughters, KY: less expensive homes
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