The Most Affordable Neighborhoods in South Egremont, MA by Home Value

 

South Egremont, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Egremont area can be challenging. Home prices in South Egremont are now at a median cost of $395,062, lower than the Massachusetts average of $477,554.

The average cost of rent is $1,216/mo in South Egremont, primarily driven by the current value of real estate in the South Egremont area. While nearly 40.89% of residents own their homes outright in South Egremont, 17.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Egremont is $6,517 per month. Households that rent pay about 18.66% of their income on rent here. South Egremont's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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