
Home Price Key
These days, finding an affordable place to live in the Union Square area can be challenging. Home prices in Union Square are now at a median cost of $801,297, higher than the Somerville average of $772,791.
The average cost of rent is $2,099/mo in Union Square, primarily driven by the current value of real estate in the Union Square area. While nearly 20.87% of residents own their homes outright in Union Square, 69.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Union Square is $10,071 per month. Households that rent pay about 20.84% of their income on rent here. Union Square's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Wellington-Harrington, Cambridge, MA: equally priced homes
- Mid-Cambridge, Cambridge, MA: higher priced homes
- Aggasiz-Harvard, Cambridge, MA: higher priced homes
- Spring Hill, Somerville, MA: equally priced homes
- Winter Hill, Somerville, MA: less expensive homes
- East Somerville, Somerville, MA: less expensive homes
- Area IV, Cambridge, MA: equally priced homes
- Ten Hills, Somerville, MA: less expensive homes
- Riverside, Cambridge, MA: higher priced homes
- East Cambridge, Cambridge, MA: equally priced homes
Neighborhoods with Similar Populations
- Fruitvale Station, Oakland, CA: less expensive homes
- Phoebus, Hampton, VA: less expensive homes
- Spenard, Anchorage, AK: less expensive homes
- Hillcrest, San Diego, CA: less expensive homes
- Grayland, Chicago, IL: less expensive homes
- Glendale, Salt Lake City, UT: less expensive homes
- Fenton Area, Fenton, MO: less expensive homes
- Energy Corridor, Houston, TX: less expensive homes
- Eastmont, Oakland, CA: less expensive homes
- Downtown Brooklyn, Brooklyn, NY: higher priced homes
All Local Stats
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