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These days, finding an affordable place to live in the Washington area can be challenging. Home prices in Washington are now at a median cost of $355,031, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,920/mo in Washington, primarily driven by the current value of real estate in the Washington area. In Washington, 8.92% of households rent, and 43.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washington is $7,725 per month. Households that rent pay about 24.86% of their income on rent here. Washington’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hinsdale, MA: less expensive homes
- Peru, MA: less expensive homes
- Becket, MA: equally priced homes
- Middlefield, MA: equally priced homes
- New Lenox, MA: higher priced homes
- Lenox Dale, MA: higher priced homes
- Dalton, MA: less expensive homes
- Lenox, MA: higher priced homes
- Lee, MA: equally priced homes
- North Otis, MA: higher priced homes
Cities with Similar Populations
- Skullbone, TN: less expensive homes
- Seward, IL: less expensive homes
- Shady Nook, IN: less expensive homes
- Shinrock, OH: less expensive homes
- Shirley, TN: less expensive homes
- Sidney, IN: less expensive homes
- Sidon, AR: less expensive homes
- Simmonsville, SC: less expensive homes
- Simpson, MN: higher priced homes
- Skamania, WA: higher priced homes
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