
Home Price Key
These days, finding an affordable place to live in the Falmouth area can be challenging. Home prices in Falmouth are now at a median cost of $524,461, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,060/mo in Falmouth, primarily driven by the current value of real estate in the Falmouth area. While nearly 47.29% of residents own their homes outright in Falmouth, 45.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falmouth is $4,771 per month. Households that rent pay about 22.22% of their income on rent here. Falmouth's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- West Falmouth, MA: higher priced homes
- East Falmouth, MA: less expensive homes
- Menauhant, MA: equally priced homes
- North Falmouth, MA: equally priced homes
- Cataumet, MA: equally priced homes
- Vineyard Haven, MA: higher priced homes
- Mashpee, MA: less expensive homes
- Oak Bluffs, MA: higher priced homes
- Pocasset, MA: equally priced homes
- Cotuit, MA: less expensive homes
Cities with Similar Populations
- Arthur, IL: less expensive homes
- Benson, MN: less expensive homes
- Yanceyville, NC: less expensive homes
- Vernon, AL: less expensive homes
- Tennille, GA: less expensive homes
- Shannondale, WV: less expensive homes
- San Francisco, PR: less expensive homes
- Saddle River, NJ: higher priced homes
- Peach Bottom, PA: less expensive homes
- Palmyra, VA: less expensive homes
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