Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newton Lower Falls area can be challenging. Home prices in Newton Lower Falls are now at a median cost of $1,074,195, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,647/mo in Newton Lower Falls, primarily driven by the current value of real estate in the Newton Lower Falls area. While nearly 27.50% of residents own their homes outright in Newton Lower Falls, 32.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newton Lower Falls is $11,467 per month. Households that rent pay about 14.36% of their income on rent here. Newton Lower Falls's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Auburndale, MA: less expensive homes
- Waban, MA: higher priced homes
- Newton Upper Falls, MA: less expensive homes
- Wellesley, MA: higher priced homes
- Newton Highlands, MA: less expensive homes
- Newtonville, MA: less expensive homes
- Newton, MA: equally priced homes
- Weston, MA: higher priced homes
- Newton Center, MA: higher priced homes
- Needham, MA: less expensive homes
Cities with Similar Populations
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- Springville, IA: less expensive homes
- Toadvine, AL: less expensive homes
- Ubly, MI: less expensive homes
- Waterbury Center, VT: less expensive homes
- Inman, KS: less expensive homes
- Westcliffe, CO: less expensive homes
- Hegins, PA: less expensive homes
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