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Affordable
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These days, finding an affordable place to live in the Packard Heights area can be challenging. Home prices in Packard Heights are now at a median cost of $308,178, lower than the Massachusetts average of $625,090.
The average cost of rent is $989/mo in Packard Heights, primarily driven by the current value of real estate in the Packard Heights area. In Packard Heights, 20.23% of households rent, and 31.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Packard Heights is $7,385 per month. Households that rent pay about 13.39% of their income on rent here. Packard Heights’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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