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These days, finding an affordable place to live in the Everett area can be challenging. Home prices in Everett are now at a median cost of $615,274, lower than the Massachusetts average of $625,090.
The average cost of rent is $2,022/mo in Everett, primarily driven by the current value of real estate in the Everett area. In Everett, 62.82% of households rent, and 25.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Everett is $7,753 per month. Households that rent pay about 26.08% of their income on rent here. Everett’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Malden, MA: equally priced homes
- Chelsea, MA: less expensive homes
- Charlestown, MA: higher priced homes
- Revere, MA: equally priced homes
- Medford, MA: higher priced homes
- Somerville, MA: higher priced homes
- Melrose, MA: higher priced homes
- Cambridge, MA: higher priced homes
- Saugus, MA: equally priced homes
- Winthrop Town, MA: equally priced homes
Cities with Similar Populations
- Bloomfield Hills, MI: higher priced homes
- Florence, KY: less expensive homes
- Cerritos, CA: higher priced homes
- Mankato, MN: less expensive homes
- Grapevine, TX: less expensive homes
- Grovetown, GA: less expensive homes
- Haltom City, TX: less expensive homes
- Holly Springs, NC: less expensive homes
- Wausau, WI: less expensive homes
- Upper Arlington, OH: equally priced homes
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