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

 

South Lowell, Lowell, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Lowell area can be challenging. Home prices in South Lowell are now at a median cost of $266,225, lower than the Lowell average of $298,906.

The average cost of rent is $1,573/mo in South Lowell, primarily driven by the current value of real estate in the South Lowell area. While nearly 23.04% of residents own their homes outright in South Lowell, 34.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Lowell is $6,519 per month. Households that rent pay about 24.14% of their income on rent here. South Lowell's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.


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