Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Leominster area can be challenging. Home prices in Leominster are now at a median cost of $275,576, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,198/mo in Leominster, primarily driven by the current value of real estate in the Leominster area. While nearly 29.36% of residents own their homes outright in Leominster, 34.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Leominster is $7,026 per month. Households that rent pay about 17.06% of their income on rent here. Leominster's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Ponakin Mill, MA: higher priced homes
- Lunenburg, MA: higher priced homes
- Fitchburg, MA: less expensive homes
- Shirley, MA: higher priced homes
- West Sterling, MA: higher priced homes
- Lancaster, MA: higher priced homes
- Sterling, MA: higher priced homes
- Devens, MA: higher priced homes
- Leino Park, MA: higher priced homes
- Harvard Station, MA: higher priced homes
Cities with Similar Populations
- Bear, DE: equally priced homes
- Buda, TX: equally priced homes
- Bullhead City, AZ: less expensive homes
- Burlington, VT: higher priced homes
- West Columbia, SC: less expensive homes
- North Tonawanda, NY: less expensive homes
- San Bruno, CA: higher priced homes
- Salem, MA: higher priced homes
- Richmond, IN: less expensive homes
- Prosper, TX: higher priced homes
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