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Affordable
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These days, finding an affordable place to live in the Waban area can be challenging. Home prices in Waban are now at a median cost of $1,768,464, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,364/mo in Waban, primarily driven by the current value of real estate in the Waban area. In Waban, 11.97% of households rent, and 38.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waban is $20,259 per month. Households that rent pay about 11.67% of their income on rent here. Waban’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newton Upper Falls, MA: less expensive homes
- Newton Highlands, MA: less expensive homes
- Newton Lower Falls, MA: less expensive homes
- Auburndale, MA: less expensive homes
- Newton Center, MA: less expensive homes
- Newton, MA: less expensive homes
- Newtonville, MA: less expensive homes
- Needham, MA: less expensive homes
- Wellesley, MA: less expensive homes
- Chestnut Hill, MA: equally priced homes
Cities with Similar Populations
- Satsuma, FL: less expensive homes
- Harvard, MA: less expensive homes
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- Holton, KS: less expensive homes
- Lanexa, VA: less expensive homes
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