The Most Affordable Neighborhoods in Faneuil, Brighton, MA by Home Value

 

Faneuil, Brighton, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Faneuil area can be challenging. Home prices in Faneuil are now at a median cost of $682,473, higher than the Brighton average of $546,664.

The average cost of rent is $2,394/mo in Faneuil, primarily driven by the current value of real estate in the Faneuil area. While nearly 36.99% of residents own their homes outright in Faneuil, 65.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Faneuil is $9,040 per month. Households that rent pay about 26.48% of their income on rent here. Faneuil's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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