Affordable
Expensive
Expensive
Colorblind friendly
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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 $964,820, higher than the Somerville average of $947,550.
The average cost of rent is $2,522/mo in Union Square, primarily driven by the current value of real estate in the Union Square area. In Union Square, 72.03% of households rent, and 21.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Union Square is $11,073 per month. Households that rent pay about 22.78% of their income on rent here. Union Square’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced 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: equally priced 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
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