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These days, finding an affordable place to live in the Ludlow area can be challenging. Home prices in Ludlow are now at a median cost of $340,978, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,270/mo in Ludlow, primarily driven by the current value of real estate in the Ludlow area. In Ludlow, 23.07% of households rent, and 37.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow is $7,529 per month. Households that rent pay about 16.87% of their income on rent here. Ludlow’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ludlow Center, MA: equally priced homes
- Indian Orchard, MA: less expensive homes
- Wilbraham, MA: higher priced homes
- Chicopee, MA: less expensive homes
- Springfield, MA: less expensive homes
- Granby, MA: equally priced homes
- Palmer Town, MA: less expensive homes
- South Hadley, MA: equally priced homes
- Bondsville, MA: equally priced homes
- Palmer, MA: equally priced homes
Cities with Similar Populations
- Sayreville, NJ: higher priced homes
- Enola, PA: less expensive homes
- Erlanger, KY: less expensive homes
- Evergreen Park, IL: less expensive homes
- Exeter, NH: higher priced homes
- Fairfax Station, VA: higher priced homes
- Fillmore, CA: higher priced homes
- Forest City, NC: less expensive homes
- Forest Lake, MN: higher priced homes
- Forest Park, OH: less expensive homes
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