Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Leicester area can be challenging. Home prices in Leicester are now at a median cost of $313,992, lower than the Massachusetts average of $477,554.
The average cost of rent is $923/mo in Leicester, primarily driven by the current value of real estate in the Leicester area. While nearly 23.48% of residents own their homes outright in Leicester, 23.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Leicester is $6,134 per month. Households that rent pay about 15.05% of their income on rent here. Leicester's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tafts Corner, MA: equally priced homes
- Cherry Valley, MA: equally priced homes
- Rochdale, MA: less expensive homes
- Spencer, MA: equally priced homes
- South Spencer, MA: equally priced homes
- Paxton, MA: higher priced homes
- Auburn, MA: equally priced homes
- North Oxford, MA: equally priced homes
- Lower Wire Village, MA: equally priced homes
- Worcester, MA: equally priced homes
Cities with Similar Populations
- Groveland, MA: higher priced homes
- Grant, AL: less expensive homes
- Grant, MI: less expensive homes
- Granville, NY: less expensive homes
- Grass Lake, MI: less expensive homes
- Gravette, AR: less expensive homes
- Great Barrington, MA: higher priced homes
- Piketon, OH: less expensive homes
- West Point, NY: equally priced homes
- Greensburg, KY: less expensive homes
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