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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $1,109,400, higher than the Massachusetts average of $625,090.
The average cost of rent is $3,501/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 2.15% of households rent, and 42.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $20,833 per month. Households that rent pay about 16.80% of their income on rent here. Riverside’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
- Carlisle, MA: equally priced homes
- Bedford, MA: less expensive homes
- Billerica, MA: less expensive homes
- North Billerica, MA: less expensive homes
- Pinehurst, MA: less expensive homes
- Concord, MA: higher priced homes
- Hanscom Afb, MA: equally priced homes
- Chelmsford, MA: less expensive homes
- Burlington, MA: less expensive homes
- Village Of Nagog Woods, MA: less expensive homes
Cities with Similar Populations
- Oakington, MD: less expensive homes
- New Witten, SD: less expensive homes
- Newkirk, NM: less expensive homes
- Nikolski, AK: less expensive homes
- Niles, MS: less expensive homes
- Nineteen, KY: less expensive homes
- Nisula, MI: less expensive homes
- Noank, CT: less expensive homes
- Norias, TX: less expensive homes
- Noris, KY: less expensive homes
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