Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Woburn area can be challenging. Home prices in Woburn are now at a median cost of $520,491, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,803/mo in Woburn, primarily driven by the current value of real estate in the Woburn area. While nearly 32.37% of residents own their homes outright in Woburn, 44.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Woburn is $8,241 per month. Households that rent pay about 21.88% of their income on rent here. Woburn's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Winchester, MA: higher priced homes
- Burlington, MA: higher priced homes
- Stoneham, MA: equally priced homes
- Reading, MA: higher priced homes
- Lexington, MA: higher priced homes
- Wakefield, MA: higher priced homes
- Arlington, MA: higher priced homes
- Melrose, MA: higher priced homes
- Pinehurst, MA: less expensive homes
- Wilmington, MA: equally priced homes
Cities with Similar Populations
- Aventura, FL: less expensive homes
- Bangor, ME: less expensive homes
- Bartlesville, OK: less expensive homes
- Bartlett, IL: less expensive homes
- Bell Gardens, CA: less expensive homes
- Belton, TX: less expensive homes
- Bettendorf, IA: less expensive homes
- Braintree Town, MA: equally priced homes
- Willowbrook, CA: less expensive homes
- Calexico, CA: less expensive homes
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