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These days, finding an affordable place to live in the Templeton area can be challenging. Home prices in Templeton are now at a median cost of $390,415, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,385/mo in Templeton, primarily driven by the current value of real estate in the Templeton area. In Templeton, 11.12% of households rent, and 26.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Templeton is $9,535 per month. Households that rent pay about 14.53% of their income on rent here. Templeton’s most expensive areas are in the western 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
- East Templeton, MA: less expensive homes
- Pitcherville, MA: equally priced homes
- Baldwinville, MA: less expensive homes
- Phillipston, MA: equally priced homes
- Gardner, MA: less expensive homes
- Phillipston Four Corners, MA: equally priced homes
- Williamsville, MA: equally priced homes
- Princeton Station, MA: equally priced homes
- Hubbardston, MA: equally priced homes
- Packard Heights, MA: less expensive homes
Cities with Similar Populations
- Burbank, WA: equally priced homes
- Sterling, AK: less expensive homes
- Taylorsville, GA: less expensive homes
- Welcome, NC: less expensive homes
- West Milwaukee, WI: less expensive homes
- West Point, NE: less expensive homes
- Williamsburg, IA: less expensive homes
- Winterport, ME: less expensive homes
- Ballinger, TX: less expensive homes
- Lansford, PA: less expensive homes
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