
Home Price Key
These days, finding an affordable place to live in the Dedham area can be challenging. Home prices in Dedham are now at a median cost of $536,472, higher than the Massachusetts average of $477,554.
The average cost of rent is $2,113/mo in Dedham, primarily driven by the current value of real estate in the Dedham area. While nearly 32.82% of residents own their homes outright in Dedham, 31.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dedham is $9,722 per month. Households that rent pay about 21.73% of their income on rent here. Dedham's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hyde Park, MA: less expensive homes
- West Roxbury, MA: higher priced homes
- Westwood, MA: higher priced homes
- Roslindale, MA: equally priced homes
- Norwood, MA: equally priced homes
- Milton, MA: higher priced homes
- Needham, MA: higher priced homes
- Mattapan, MA: less expensive homes
- Chestnut Hill, MA: higher priced homes
- Newton Highlands, MA: higher priced homes
Cities with Similar Populations
- Franklin Square, NY: equally priced homes
- South Elgin, IL: less expensive homes
- Solon, OH: less expensive homes
- Soddy-Daisy, TN: less expensive homes
- Smyrna, DE: less expensive homes
- Silver Bell, AZ: less expensive homes
- Shirley, NY: less expensive homes
- Selden, NY: less expensive homes
- Seal Beach, CA: less expensive homes
- Scotch Plains, NJ: higher priced homes
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