Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sterling area can be challenging. Home prices in Sterling are now at a median cost of $398,838, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,280/mo in Sterling, primarily driven by the current value of real estate in the Sterling area. While nearly 30.12% of residents own their homes outright in Sterling, 12.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sterling is $9,882 per month. Households that rent pay about 12.95% of their income on rent here. Sterling's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- West Sterling, MA: higher priced homes
- Lancaster, MA: equally priced homes
- Clinton, MA: less expensive homes
- Ponakin Mill, MA: equally priced homes
- West Boylston, MA: less expensive homes
- Princeton, MA: equally priced homes
- Leominster, MA: less expensive homes
- Jefferson, MA: less expensive homes
- Boylston, MA: equally priced homes
- Morningdale, MA: higher priced homes
Cities with Similar Populations
- Akron, NY: less expensive homes
- Atkins, AR: less expensive homes
- Alpine, TX: less expensive homes
- Almont, MI: less expensive homes
- Alma, GA: less expensive homes
- Allentown, NJ: higher priced homes
- Allendale, NJ: higher priced homes
- Albertson, NY: higher priced homes
- Albany, KY: less expensive homes
- Alamo Heights, TX: higher priced homes
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