Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shrewsbury area can be challenging. Home prices in Shrewsbury are now at a median cost of $448,720, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,776/mo in Shrewsbury, primarily driven by the current value of real estate in the Shrewsbury area. While nearly 31.63% of residents own their homes outright in Shrewsbury, 25.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shrewsbury is $10,501 per month. Households that rent pay about 16.92% of their income on rent here. Shrewsbury's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Morningdale, MA: equally priced homes
- Boylston, MA: equally priced homes
- North Grafton, MA: less expensive homes
- Northborough, MA: higher priced homes
- Worcester, MA: less expensive homes
- Westborough, MA: higher priced homes
- West Berlin, MA: higher priced homes
- Grafton, MA: equally priced homes
- West Boylston, MA: less expensive homes
- Millbury, MA: less expensive homes
Cities with Similar Populations
- Willis, TX: less expensive homes
- West Babylon, NY: less expensive homes
- Clementon, NJ: less expensive homes
- Channelview, TX: less expensive homes
- Carpentersville, IL: less expensive homes
- Carlsbad, NM: less expensive homes
- Calexico, CA: less expensive homes
- Brighton, NY: less expensive homes
- Braintree Town, MA: higher priced homes
- Blackwood, NJ: less expensive homes
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