The Most Affordable Neighborhoods in Methuen Town, MA by Home Value

 

Methuen Town, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Methuen Town area can be challenging. Home prices in Methuen Town are now at a median cost of $382,704, lower than the Massachusetts average of $477,554.

The average cost of rent is $1,290/mo in Methuen Town, primarily driven by the current value of real estate in the Methuen Town area. While nearly 27.41% of residents own their homes outright in Methuen Town, 23.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in Methuen Town is $7,498 per month. Households that rent pay about 17.20% of their income on rent here. Methuen Town's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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