Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelham area can be challenging. Home prices in Pelham are now at a median cost of $359,151, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,351/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. While nearly 45.76% of residents own their homes outright in Pelham, 28.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $8,081 per month. Households that rent pay about 16.72% of their income on rent here. Pelham's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- West Pelham, MA: equally priced homes
- Amherst, MA: equally priced homes
- Shutesbury, MA: less expensive homes
- Amherst Center, MA: equally priced homes
- Leverett, MA: equally priced homes
- South Amherst, MA: higher priced homes
- Factory Hollow, MA: equally priced homes
- Hadley, MA: equally priced homes
- Sunderland, MA: equally priced homes
- Belchertown, MA: less expensive homes
Cities with Similar Populations
- Highland, TX: less expensive homes
- Stowell, PA: less expensive homes
- Stow, ME: less expensive homes
- Stokesville, VA: less expensive homes
- Stewartsville, IN: less expensive homes
- Stepstone, KY: less expensive homes
- Starlight, PA: less expensive homes
- Standing Stone, PA: less expensive homes
- St. Pierre, MT: less expensive homes
- St. Charles, SC: less expensive homes
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