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These days, finding an affordable place to live in the Swampscott area can be challenging. Home prices in Swampscott are now at a median cost of $802,051, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,346/mo in Swampscott, primarily driven by the current value of real estate in the Swampscott area. In Swampscott, 24.18% of households rent, and 26.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Swampscott is $12,189 per month. Households that rent pay about 19.25% of their income on rent here. Swampscott’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lynn, MA: less expensive homes
- Salem, MA: less expensive homes
- Marblehead, MA: higher priced homes
- Nahant, MA: equally priced homes
- Peabody, MA: less expensive homes
- Saugus, MA: less expensive homes
- Beverly, MA: less expensive homes
- Revere, MA: less expensive homes
- Danvers, MA: less expensive homes
- Lynnfield, MA: higher priced homes
Cities with Similar Populations
- Mountain Top, PA: less expensive homes
- Oakdale, PA: less expensive homes
- North Easton, MA: less expensive homes
- Newman, CA: less expensive homes
- New Ulm, MN: less expensive homes
- New Territory, TX: less expensive homes
- New Holland, PA: less expensive homes
- New Hartford, NY: less expensive homes
- New Cumberland, PA: less expensive homes
- New Cassel, NY: less expensive homes
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