Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Southborough area can be challenging. Home prices in Southborough are now at a median cost of $668,468, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,787/mo in Southborough, primarily driven by the current value of real estate in the Southborough area. While nearly 31.41% of residents own their homes outright in Southborough, 11.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southborough is $14,622 per month. Households that rent pay about 12.22% of their income on rent here. Southborough's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Fayville, MA: less expensive homes
- Southville, MA: less expensive homes
- Marlborough, MA: less expensive homes
- Ashland, MA: less expensive homes
- Westborough, MA: less expensive homes
- Hopkinton, MA: equally priced homes
- Framingham, MA: less expensive homes
- Northborough, MA: less expensive homes
- Hudson, MA: less expensive homes
- Holliston, MA: less expensive homes
Cities with Similar Populations
- Walkertown, NC: less expensive homes
- Chillicothe, MO: less expensive homes
- Circle Pines, MN: less expensive homes
- Citrus Springs, FL: less expensive homes
- Villas, NJ: less expensive homes
- Vinemont, AL: less expensive homes
- Virginia, MN: less expensive homes
- Wahpeton, ND: less expensive homes
- Waimanalo, HI: equally priced homes
- Waldwick, NJ: less expensive homes
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