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These days, finding an affordable place to live in the Wenham area can be challenging. Home prices in Wenham are now at a median cost of $984,947, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,071/mo in Wenham, primarily driven by the current value of real estate in the Wenham area. In Wenham, 13.94% of households rent, and 39.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wenham is $15,923 per month. Households that rent pay about 13.00% of their income on rent here. Wenham’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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