The Most Affordable Neighborhoods in East Springfield, Springfield, MA by Home Value

 

East Springfield, Springfield, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Springfield area can be challenging. Home prices in East Springfield are now at a median cost of $173,814, lower than the Springfield average of $254,441.

The average cost of rent is $1,030/mo in East Springfield, primarily driven by the current value of real estate in the East Springfield area. While nearly 37.50% of residents own their homes outright in East Springfield, 27.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Springfield is $5,497 per month. Households that rent pay about 18.74% of their income on rent here. East Springfield's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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