Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Menemsha area can be challenging. Home prices in Menemsha are now at a median cost of $1,112,124, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,493/mo in Menemsha, primarily driven by the current value of real estate in the Menemsha area. While nearly 48.51% of residents own their homes outright in Menemsha, 8.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Menemsha is $8,883 per month. Households that rent pay about 16.81% of their income on rent here. Menemsha's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Chilmark, MA: higher priced homes
- Nashaquitsa, MA: equally priced homes
- West Tisbury, MA: less expensive homes
- Vineyard Haven, MA: less expensive homes
- Oak Bluffs, MA: less expensive homes
- Edgartown, MA: less expensive homes
- Cuttyhunk, MA: less expensive homes
- Katama, MA: less expensive homes
- Falmouth, MA: less expensive homes
- West Falmouth, MA: less expensive homes
Cities with Similar Populations
- Rawalts, IL: less expensive homes
- Myrtle, ID: less expensive homes
- Mystic, KY: less expensive homes
- Nancy Wrights Corner, VA: less expensive homes
- Nasonville, WI: less expensive homes
- Nebish, MN: less expensive homes
- Nelson, PA: less expensive homes
- Nelsonville, TX: less expensive homes
- Nugent, TX: less expensive homes
- Oak Hill, MI: less expensive homes
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