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These days, finding an affordable place to live in the East Boston area can be challenging. Home prices in East Boston are now at a median cost of $686,686, lower than the Boston average of $707,376.
The average cost of rent is $1,963/mo in East Boston, primarily driven by the current value of real estate in the East Boston area. In East Boston, 67.12% of households rent, and 27.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Boston is $8,714 per month. Households that rent pay about 22.52% of their income on rent here. East Boston’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Day Square, Boston, MA: equally priced homes
- Gove Street, Boston, MA: equally priced homes
- Waterfront, Boston, MA: higher priced homes
- Dock Square, Boston, MA: higher priced homes
- Prattville, Chelsea, MA: less expensive homes
- Downtown Crossing, Boston, MA: higher priced homes
- Central, Boston, MA: higher priced homes
- East Cambridge, Cambridge, MA: higher priced homes
- East Somerville, Somerville, MA: higher priced homes
- South Boston, Boston, MA: higher priced homes
Neighborhoods with Similar Populations
- Westgate, Henderson, NV: less expensive homes
- South Beach, Staten Island, NY: equally priced homes
- Sommerset West-Elmonica North, Bethany, OR: equally priced homes
- Powellhurst-Gilbert, Portland, OR: less expensive homes
- Parkside, San Francisco, CA: higher priced homes
- North Laurel, Scaggsville, MD: less expensive homes
- Landmark-Van Dom, Alexandria, VA: less expensive homes
- Kyle Canyon, Las Vegas, NV: less expensive homes
- Highline, Seattle, WA: less expensive homes
- Highland Hills, San Antonio, TX: less expensive homes
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