Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lee area can be challenging. Home prices in Lee are now at a median cost of $290,808, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,072/mo in Lee, primarily driven by the current value of real estate in the Lee area. While nearly 35.40% of residents own their homes outright in Lee, 23.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lee is $6,953 per month. Households that rent pay about 15.42% of their income on rent here. Lee's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lenox Dale, MA: equally priced homes
- South Lee, MA: higher priced homes
- Stockbridge, MA: higher priced homes
- Lenox, MA: higher priced homes
- Tyringham, MA: higher priced homes
- New Lenox, MA: higher priced homes
- West Stockbridge, MA: higher priced homes
- Housatonic, MA: higher priced homes
- Richmond, MA: higher priced homes
- Washington, MA: equally priced homes
Cities with Similar Populations
- Mills, WY: less expensive homes
- Frackville, PA: less expensive homes
- Waban, MA: higher priced homes
- Voorheesville, NY: less expensive homes
- Vinton, LA: less expensive homes
- Vinton, IA: less expensive homes
- Villa Park, CA: higher priced homes
- Vidalia, LA: less expensive homes
- Freeburg, IL: less expensive homes
- Victor, ID: higher priced homes
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