Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the McKnight area can be challenging. Home prices in McKnight are now at a median cost of $231,521, lower than the Springfield average of $295,081.
The average cost of rent is $981/mo in McKnight, primarily driven by the current value of real estate in the McKnight area. In McKnight, 56.20% of households rent, and 41.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKnight is $4,420 per month. Households that rent pay about 22.19% of their income on rent here. McKnight’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Bay, Springfield, MA: equally priced homes
- Old Hill, Springfield, MA: equally priced homes
- Upper Hill, Springfield, MA: less expensive homes
- Metro Center, Springfield, MA: higher priced homes
- Liberty Heights, Springfield, MA: equally priced homes
- Maple High-Six Corners, Springfield, MA: less expensive homes
- South End Springfield, Springfield, MA: equally priced homes
- Memorial Square, Springfield, MA: equally priced homes
- East Springfield, Springfield, MA: equally priced homes
- Pine Point, Springfield, MA: less expensive homes
Neighborhoods with Similar Populations
- Vancouver Heights, Vancouver, WA: higher priced homes
- Collins Gardens, San Antonio, TX: less expensive homes
- Columbia, Redding, CA: higher priced homes
- Cornerstone Village, Santa Ana, CA: higher priced homes
- Coronado Hills, Austin, TX: higher priced homes
- Cotswold, Charlotte, NC: higher priced homes
- Cypress-Riverside, Highland, CA: higher priced homes
- Downtown Detroit, Detroit, MI: higher priced homes
- Downtown Duluth, Duluth, MN: higher priced homes
- Downtown Fremont, Fremont, CA: higher priced homes
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