
Expensive
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These days, finding an affordable place to live in the Liberty Heights area can be challenging. Home prices in Liberty Heights are now at a median cost of $239,120, lower than the Springfield average of $295,081.
The average cost of rent is $1,225/mo in Liberty Heights, primarily driven by the current value of real estate in the Liberty Heights area. In Liberty Heights, 51.57% of households rent, and 35.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Liberty Heights is $5,345 per month. Households that rent pay about 22.91% of their income on rent here. Liberty Heights’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Memorial Square, Springfield, MA: equally priced homes
- McKnight, Springfield, MA: equally priced homes
- Metro Center, Springfield, MA: higher priced homes
- Bay, Springfield, MA: equally priced homes
- Brightwood, Springfield, MA: higher priced homes
- East Springfield, Springfield, MA: equally priced homes
- Old Hill, Springfield, MA: equally priced homes
- Upper Hill, Springfield, MA: less expensive homes
- Maple High-Six Corners, Springfield, MA: less expensive homes
- South End Springfield, Springfield, MA: equally priced homes
Neighborhoods with Similar Populations
- Kuliouou-Kalani Iki, East Honolulu, HI: higher priced homes
- Roland Park-Homewood-Guilford, Baltimore, MD: higher priced homes
- Pleasure Ridge Park, Louisville, KY: less expensive homes
- Playa del Ray, Playa Del Rey, CA: higher priced homes
- Marshbrooke, Matthews, NC: higher priced homes
- Marcy Holmes, Minneapolis, MN: higher priced homes
- Lower Vailsburg, Newark, NJ: higher priced homes
- Lowell, La Habra, CA: higher priced homes
- 441 Corridor, Hollywood, FL: higher priced homes
- Lea Hill, Auburn, WA: higher priced homes
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