Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Methuen area can be challenging. Home prices in Methuen are now at a median cost of $632,600, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,550/mo in Methuen, primarily driven by the current value of real estate in the Methuen area. While nearly 53.82% of residents own their homes outright in Methuen, 56.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Methuen is $10,895 per month. Households that rent pay about 14.23% of their income on rent here. Methuen's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lawrence, MA: less expensive homes
- Methuen Town, MA: less expensive homes
- Andover, MA: equally priced homes
- North Andover, MA: less expensive homes
- Dracut, MA: less expensive homes
- Tewksbury, MA: less expensive homes
- Pelham, NH: less expensive homes
- Salem, NH: less expensive homes
- Lowell, MA: less expensive homes
- Haverhill, MA: less expensive homes
Cities with Similar Populations
- Pisgah, TN: less expensive homes
- Point Of Rocks, WY: less expensive homes
- Plettenberg, LA: less expensive homes
- Pleasant Hill, WV: less expensive homes
- Playas, NM: less expensive homes
- Platteville, IA: less expensive homes
- Plainview, SD: less expensive homes
- Plainview, OK: less expensive homes
- Plainview, CA: less expensive homes
- Pittman, FL: less expensive homes
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