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These days, finding an affordable place to live in the South Lee area can be challenging. Home prices in South Lee are now at a median cost of $540,877, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,284/mo in South Lee, primarily driven by the current value of real estate in the South Lee area. In South Lee, 17.75% of households rent, and 48.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Lee is $12,784 per month. Households that rent pay about 10.04% of their income on rent here. South Lee’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stockbridge, MA: equally priced homes
- Lee, MA: less expensive homes
- Housatonic, MA: less expensive homes
- Lenox Dale, MA: less expensive homes
- Belcher Square, MA: equally priced homes
- Tyringham, MA: higher priced homes
- West Stockbridge, MA: higher priced homes
- Great Barrington, MA: equally priced homes
- Berkshire Heights, MA: equally priced homes
- Lenox, MA: equally priced homes
Cities with Similar Populations
- Parker Dam, CA: less expensive homes
- Quitman, MO: less expensive homes
- Quincy, MS: less expensive homes
- Pyriton, AL: less expensive homes
- Putnam, AL: less expensive homes
- Peytonsburg, KY: less expensive homes
- Parris Island, SC: less expensive homes
- Parkstown, NC: less expensive homes
- Parks, NE: less expensive homes
- Ragan, NE: less expensive homes
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