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These days, finding an affordable place to live in the Rochester area can be challenging. Home prices in Rochester are now at a median cost of $581,134, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,438/mo in Rochester, primarily driven by the current value of real estate in the Rochester area. In Rochester, 12.11% of households rent, and 42.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rochester is $9,897 per month. Households that rent pay about 14.53% of their income on rent here. Rochester’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Middleboro, MA: equally priced homes
- West Wareham, MA: less expensive homes
- Tinkhamtown, MA: equally priced homes
- Acushnet, MA: less expensive homes
- Marion, MA: higher priced homes
- Wareham, MA: less expensive homes
- East Freetown, MA: less expensive homes
- Wareham Center, MA: less expensive homes
- Lakeside, MA: less expensive homes
- Mattapoisett, MA: higher priced homes
Cities with Similar Populations
- Moravia, NY: less expensive homes
- Moody, TX: less expensive homes
- Moon Lake, FL: less expensive homes
- Moonachie, NJ: less expensive homes
- Moorefield, WV: less expensive homes
- Mooreville, MS: less expensive homes
- Mooringsport, LA: less expensive homes
- Moose Lake, MN: less expensive homes
- Moosup, CT: less expensive homes
- Montverde, FL: equally priced homes
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