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Affordable
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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 $287,905, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,201/mo in Southbridge Town, primarily driven by the current value of real estate in the Southbridge Town area. In Southbridge Town, 57.33% of households rent, and 36.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southbridge Town is $5,990 per month. Households that rent pay about 20.05% of their income on rent here. Southbridge Town’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sturbridge, MA: higher priced homes
- Charlton City, MA: higher priced homes
- North Woodstock, CT: higher priced homes
- Fiskdale, MA: higher priced homes
- Charlton, MA: higher priced homes
- Quinebaug, CT: less expensive homes
- Dudley, MA: higher priced homes
- Holland, MA: higher priced homes
- Mystic Grove, MA: higher priced homes
- Mashapaug, CT: higher priced homes
Cities with Similar Populations
- Watkinsville, GA: higher priced homes
- East Rancho Dominguez, CA: higher priced homes
- Eastchester, NY: higher priced homes
- Easthampton, MA: higher priced homes
- Eastlake, OH: less expensive homes
- Effingham, IL: less expensive homes
- El Segundo, CA: higher priced homes
- Emmaus, PA: higher priced homes
- Farmington, CT: higher priced homes
- White Settlement, TX: less expensive homes
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