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These days, finding an affordable place to live in the Morningdale area can be challenging. Home prices in Morningdale are now at a median cost of $639,627, higher than the Massachusetts average of $625,090.
The average cost of rent is $1,993/mo in Morningdale, primarily driven by the current value of real estate in the Morningdale area. In Morningdale, 24.33% of households rent, and 31.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morningdale is $13,129 per month. Households that rent pay about 15.18% of their income on rent here. Morningdale’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boylston, MA: less expensive homes
- West Boylston, MA: less expensive homes
- West Berlin, MA: equally priced homes
- Shrewsbury, MA: equally priced homes
- Northborough, MA: equally priced homes
- Holden, MA: less expensive homes
- Berlin, MA: equally priced homes
- Clinton, MA: less expensive homes
- Worcester, MA: less expensive homes
- Sterling, MA: less expensive homes
Cities with Similar Populations
- Wirt, OK: less expensive homes
- Woodenhawk, DE: less expensive homes
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- Woodbine, TX: less expensive homes
- Wood Lake, NE: less expensive homes
- Womack Hill, AL: less expensive homes
- Wolfeboro Center, NH: less expensive homes
- Keystone, NE: less expensive homes
- Kibler, VA: less expensive homes
- Wittman, MD: equally priced homes
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