Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the University Park area can be challenging. Home prices in University Park are now at a median cost of $203,776, lower than the Worcester average of $314,805.
The average cost of rent is $1,003/mo in University Park, primarily driven by the current value of real estate in the University Park area. While nearly 46.18% of residents own their homes outright in University Park, 86.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in University Park is $2,672 per month. Households that rent pay about 37.54% of their income on rent here. University Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Main Middle, Worcester, MA: less expensive homes
- South Worcester, Worcester, MA: equally priced homes
- Columbus Park, Worcester, MA: higher priced homes
- Green Island, Worcester, MA: higher priced homes
- Vernon Hill, Worcester, MA: higher priced homes
- Institute Park, Worcester, MA: equally priced homes
- Central Business District, Worcester, MA: equally priced homes
- North Quinsigamond Village, Worcester, MA: equally priced homes
- Newton Square, Worcester, MA: higher priced homes
- Hadwen Park, Worcester, MA: higher priced homes
Neighborhoods with Similar Populations
- Westlake Village Area-Los Angeles, Westlake Village, CA: higher priced homes
- Southside, Augusta, GA: less expensive homes
- SouthWest Anaheim, Anaheim, CA: higher priced homes
- Vose, Beaverton, OR: higher priced homes
- Eastgate, Bellevue, WA: higher priced homes
- East Springfield, Springfield, MA: less expensive homes
- East Central Westminster, Westminster, CO: higher priced homes
- Downtown Harbor-Post Road South, Milford, CT: higher priced homes
- Devington, Indianapolis, IN: less expensive homes
- Delaware Avenue, Albany, NY: less expensive homes
All Local Stats
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