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Affordable
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These days, finding an affordable place to live in the Hingham area can be challenging. Home prices in Hingham are now at a median cost of $1,155,399, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,297/mo in Hingham, primarily driven by the current value of real estate in the Hingham area. In Hingham, 19.48% of households rent, and 39.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hingham is $15,638 per month. Households that rent pay about 14.69% of their income on rent here. Hingham’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Hingham, MA: higher priced homes
- Weymouth Town, MA: less expensive homes
- Black Rock, MA: higher priced homes
- Hull, MA: less expensive homes
- Cohasset, MA: higher priced homes
- Braintree Town, MA: less expensive homes
- Norwell, MA: less expensive homes
- Quincy, MA: less expensive homes
- North Scituate, MA: less expensive homes
- Rockland, MA: less expensive homes
Cities with Similar Populations
- Rincon, GA: less expensive homes
- Kennett Square, PA: less expensive homes
- Abingdon, VA: less expensive homes
- Landover, MD: less expensive homes
- Parlin, NJ: less expensive homes
- Pascagoula, MS: less expensive homes
- Piqua, OH: less expensive homes
- Port Hueneme, CA: less expensive homes
- Prairie Village, KS: less expensive homes
- Princeton, TX: less expensive homes
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