The Most Affordable Neighborhoods in Neighborhood Nine, Cambridge, MA by Home Value

 

Neighborhood Nine, Cambridge, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Neighborhood Nine area can be challenging. Home prices in Neighborhood Nine are now at a median cost of $795,492, lower than the Cambridge average of $947,714.

The average cost of rent is $2,619/mo in Neighborhood Nine, primarily driven by the current value of real estate in the Neighborhood Nine area. While nearly 38.16% of residents own their homes outright in Neighborhood Nine, 66.40% rent.

Housing affordability isn’t just about home prices, though. The average household income in Neighborhood Nine is $7,999 per month. Households that rent pay about 32.74% of their income on rent here. Neighborhood Nine's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.


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