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These days, finding an affordable place to live in the Westwood area can be challenging. Home prices in Westwood are now at a median cost of $1,036,488, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,595/mo in Westwood, primarily driven by the current value of real estate in the Westwood area. In Westwood, 12.61% of households rent, and 39.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westwood is $17,596 per month. Households that rent pay about 14.75% of their income on rent here. Westwood’s most expensive areas are in the western 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
- Norwood, MA: less expensive homes
- Dedham, MA: less expensive homes
- Dover, MA: higher priced homes
- East Walpole, MA: less expensive homes
- Needham, MA: higher priced homes
- West Roxbury, MA: less expensive homes
- Medfield, MA: less expensive homes
- Hyde Park, MA: less expensive homes
- Walpole, MA: less expensive homes
- Canton, MA: less expensive homes
Cities with Similar Populations
- Swansea, IL: less expensive homes
- Barnstable Town, MA: less expensive homes
- Barre, VT: less expensive homes
- Bay Village, OH: less expensive homes
- Bedford, OH: less expensive homes
- Bedford, VA: less expensive homes
- Bel Air, MD: less expensive homes
- Bellingham, MA: less expensive homes
- Bellmore, NY: less expensive homes
- Bennettsville, SC: less expensive homes
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