Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lanesborough area can be challenging. Home prices in Lanesborough are now at a median cost of $287,000, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,534/mo in Lanesborough, primarily driven by the current value of real estate in the Lanesborough area. While nearly 30.83% of residents own their homes outright in Lanesborough, 5.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lanesborough is $7,523 per month. Households that rent pay about 20.39% of their income on rent here. Lanesborough's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lanesboro, MA: less expensive homes
- Farnams, MA: less expensive homes
- Berkshire, MA: equally priced homes
- New Ashford, MA: equally priced homes
- Cheshire, MA: less expensive homes
- Town Crest Village, MA: less expensive homes
- Dalton, MA: less expensive homes
- Pittsfield, MA: less expensive homes
- Cheshire Harbor, MA: less expensive homes
- Wyomanock, NY: less expensive homes
Cities with Similar Populations
- Russelldale, WV: less expensive homes
- Martinville, AR: less expensive homes
- Marvin, VA: less expensive homes
- Maryknoll, MO: equally priced homes
- Mascot, VA: less expensive homes
- May, OK: less expensive homes
- Minnewaukan, ND: less expensive homes
- Rocky Hill, TX: less expensive homes
- Round Grove, IL: less expensive homes
- Rowe, IL: less expensive homes
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