Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring Hill area can be challenging. Home prices in Spring Hill are now at a median cost of $807,562, higher than the Somerville average of $772,791.
The average cost of rent is $2,070/mo in Spring Hill, primarily driven by the current value of real estate in the Spring Hill area. While nearly 32.04% of residents own their homes outright in Spring Hill, 65.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Hill is $9,506 per month. Households that rent pay about 21.78% of their income on rent here. Spring Hill's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Winter Hill, Somerville, MA: less expensive homes
- Aggasiz-Harvard, Cambridge, MA: higher priced homes
- Ball Square, Somerville, MA: equally priced homes
- Avon Hill, Cambridge, MA: higher priced homes
- Union Square, Somerville, MA: equally priced homes
- Neighborhood Nine, Cambridge, MA: equally priced homes
- Ten Hills, Somerville, MA: less expensive homes
- Mid-Cambridge, Cambridge, MA: higher priced homes
- Tufts, Somerville, MA: equally priced homes
- East Somerville, Somerville, MA: less expensive homes
Neighborhoods with Similar Populations
- Alamo Placita, Denver, CO: less expensive homes
- Back Creek Church Road, Charlotte, NC: less expensive homes
- Ballston-Virginia Square, Arlington, VA: less expensive homes
- Bixby Area, Long Beach, CA: less expensive homes
- Silver Lake, Providence, RI: less expensive homes
- Pleasant Valley, Portland, OR: less expensive homes
- Rose Garden, San Jose, CA: higher priced homes
- Russian Hill, San Francisco, CA: higher priced homes
- salisbury, Allentown, PA: less expensive homes
- San Carlos, San Diego, CA: less expensive homes
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