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These days, finding an affordable place to live in the Greenfield area can be challenging. Home prices in Greenfield are now at a median cost of $264,035, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,132/mo in Greenfield, primarily driven by the current value of real estate in the Greenfield area. In Greenfield, 43.46% of households rent, and 36.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenfield is $5,348 per month. Households that rent pay about 21.17% of their income on rent here. Greenfield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Turners Falls, MA: equally priced homes
- Deerfield, MA: higher priced homes
- Shelburne, MA: higher priced homes
- West Deerfield, MA: higher priced homes
- Montague, MA: higher priced homes
- Lake Pleasant, MA: equally priced homes
- Wapping, MA: higher priced homes
- Griswoldville, MA: higher priced homes
- Bernardston, MA: higher priced homes
- Shelburne Falls, MA: higher priced homes
Cities with Similar Populations
- Addison, TX: higher priced homes
- Yazoo City, MS: less expensive homes
- Woodbridge, NJ: higher priced homes
- Winthrop Town, MA: higher priced homes
- Sudbury, MA: higher priced homes
- Avenel, NJ: higher priced homes
- Aurora, OH: higher priced homes
- Auburn, GA: higher priced homes
- Asomante, PR: less expensive homes
- Ashland, VA: higher priced homes
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