The Most Affordable Neighborhoods in Southbridge Town, MA by Home Value

 

Southbridge Town, MA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southbridge Town area can be challenging. Home prices in Southbridge Town are now at a median cost of $213,944, lower than the Massachusetts average of $477,554.

The average cost of rent is $881/mo in Southbridge Town, primarily driven by the current value of real estate in the Southbridge Town area. While nearly 41.17% of residents own their homes outright in Southbridge Town, 54.11% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southbridge Town is $4,371 per month. Households that rent pay about 20.16% of their income on rent here. Southbridge Town's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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