
Home Price Key
These days, finding an affordable place to live in the Winchester area can be challenging. Home prices in Winchester are now at a median cost of $1,032,067, higher than the Massachusetts average of $477,554.
The average cost of rent is $2,166/mo in Winchester, primarily driven by the current value of real estate in the Winchester area. While nearly 37.02% of residents own their homes outright in Winchester, 15.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Winchester is $16,622 per month. Households that rent pay about 13.03% of their income on rent here. Winchester's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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