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Affordable
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These days, finding an affordable place to live in the Truro area can be challenging. Home prices in Truro are now at a median cost of $769,943, higher than the Massachusetts average of $625,090.
The average cost of rent is $1,677/mo in Truro, primarily driven by the current value of real estate in the Truro area. In Truro, 16.23% of households rent, and 51.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Truro is $8,795 per month. Households that rent pay about 19.06% of their income on rent here. Truro’s most expensive areas are in the northwestern 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
- North Truro, MA: higher priced homes
- Pilgrim Heights, MA: higher priced homes
- Wellfleet, MA: higher priced homes
- South Wellfleet, MA: higher priced homes
- Provincetown, MA: higher priced homes
- North Eastham, MA: less expensive homes
- Eastham, MA: equally priced homes
- Orleans, MA: higher priced homes
- South Orleans, MA: higher priced homes
- Brewster, MA: higher priced homes
Cities with Similar Populations
- Fruithurst, AL: less expensive homes
- Spearsville, LA: less expensive homes
- Silver Grove, KY: less expensive homes
- Hedrick, IA: less expensive homes
- Hatton, ND: less expensive homes
- Hamburg, IA: less expensive homes
- Goodland, IN: less expensive homes
- Gilbert Creek, WV: less expensive homes
- Georgetown, CO: less expensive homes
- Gatesville, NC: less expensive homes
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