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These days, finding an affordable place to live in the Williamsburg area can be challenging. Home prices in Williamsburg are now at a median cost of $396,662, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,254/mo in Williamsburg, primarily driven by the current value of real estate in the Williamsburg area. In Williamsburg, 19.76% of households rent, and 45.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Williamsburg is $8,099 per month. Households that rent pay about 15.49% of their income on rent here. Williamsburg’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Whately, MA: equally priced homes
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Cities with Similar Populations
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