With the seaside beauty of Cape Cod and the picturesque foliage of the Berkshires, to dynamic cities like Boston and historical literary areas in Concord, there are many factors to like living in Massachusetts. Whether you’re a history enthusiast or trying to find a brand-new location to live on the East Coast, Massachusetts might be the state for you.
If you’re thinking about living someplace in Massachusetts then opportunities are you likewise have a budget plan you’re wanting to remain under. When it concerns purchasing a house in Massachusetts the average house price is $745,000, and the typical price per square foot is $344.
Do not stress if those numbers do not suit your spending plan– we have actually got alternatives to assist you discover a house or apartment or condo that does. Redfin has actually gathered 12 of the most cost effective locations to reside in Massachusetts. And the very best part is that they all have a typical house price under $745,000. Continue reading to see what cities you might wish to think about transferring to this year.
# 1: Chicopee
Mean house rate: $285,000
Typical price per square foot: $196
Typical lease for a 1-bedroom apartment or condo: $1,375
Mean family earnings: $52,702
Closest significant city: Springfield (5 miles)
Chicopee, MA houses for sale
Chicopee, MA homes for lease
With a typical house price of $285,000, Chicopee declares the very first area on our list of cost effective locations to reside in Massachusetts. About 5 miles far from Springfield, the nearby significant city, Chicopee is house to approximately 55,600 individuals. Residing in Chicopee, you can take a look at the regional stores and dining establishments in the Cabotville Historic District, walk or bike along the Chicopee River, or invest a long time outdoors at Chicopee Memorial State Park.
# 2: Springfield
Mean house rate: $290,000
Typical price per square foot: $185
Typical lease for a 1-bedroom apartment or condo: $1,200
Mean family earnings: $ 41,571
Springfield, MA houses for sale
Springfield, MA homes for lease
Massachusetts’s 2nd most cost effective city to reside in is Springfield. When residing in this city of 155,900 individuals, you can go to the Naismith Memorial Basketball Hall of Popularity, walk through Forest Park, go to the Dr. Seuss National Memorial, or take a look at the animals at the Zoo in Forest Park.
# 3: Worcester
Mean house rate: $ 405,000
Typical price per square foot: $ 256
Typical lease for a 1-bedroom apartment or condo: $1,812
Mean family earnings: $51,647
Worcester, MA houses for sale
Worcester, MA homes for lease
Next is the city of Worcester, which has about 206,500 homeowners. The average house price is $405,000 which has to do with $100K less than the average house price in Massachusetts. If you discover yourself transferring to the 3rd most cost effective location in Massachusetts, go to the Worcester Art Museum or the EcoTarium, walk or bike flight through Elm Park, and store at the Worcester Public Market. There are likewise lots of remarkable and special Worcester communities to check out if you call this city house.
# 4: Fall River
Mean house rate: $ 415,000
Typical price per square foot: $ 245
Typical lease for a 1-bedroom apartment or condo: $1,662
Mean family earnings: $41,571
Closest significant city: Providence, RI (20 miles)
Fall River, MA houses for sale
Fall River, MA homes for lease
A little bit more pricey than Worcester is Fall River, the next city on our list. There are a number of leading tourist attractions you might wish to take a look at in Fall River. Ensure to invest the afternoon hiking and checking out Copicut Woods, walk along the Quequechan River Rail Path, and take a look at historical landmarks like Battleship Cove, the USS Massachusetts, and the Corky Row Historic District.
# 5: Lowell
Mean house rate: $ 420,000
Typical price per square foot: $296
Typical lease for a 1-bedroom apartment or condo: $ 1,854
Mean family earnings: $41,571
Closest significant city: Boston (30 miles)
Lowell, MA houses for sale
Lowell, MA homes for lease
Another excellent location to contribute to your list is Lowell. House to 109,900 homeowners, this cost effective town can be an excellent choice to contribute to your list. In Lowell, you can take a look at among the museums like Boott Cotton Museum, The New England Quilt Museum, or Whistler Home Museum of Art. You can likewise go to Lowell National Historic Park and check out the routes at Lowell-Dracut-Tyngsboro State Forest.
# 6: Taunton
Mean house rate: $462,000
Typical price per square foot: $ 282
Typical lease for a 1-bedroom apartment or condo: $ 1,313
Mean family earnings: $ 63,433
Closest significant city: Providence, RI (20 miles)
Taunton, MA houses for sale
Taunton, MA homes for lease
Another popular city is Taunton, where you’ll discover the house rates have to do with $100K less than the state’s average. With approximately 59,400 individuals calling Taunton house, it’s an excellent location to think about residing in this year. There are lots of activities to do in this city. You can trek, boat, fish, or camp at Massasoit State Park, and check out the downtown location where you’ll discover museums, dining establishments, and stores, amongst numerous other regional favorites.
# 7: Haverhill
Mean house rate: $495,500
Typical price per square foot: $ 290
Typical lease for a 1-bedroom apartment or condo: $2,190
Mean family earnings: $69,237
Closest significant city: Boston (35 miles)
Haverhill, MA houses for sale
Haverhill, MA homes for lease
Declaring the seventh area on our list of cost effective locations to reside in Massachusetts is Haverhill. With a population of almost 67,800, Haverhill is an excellent location to reside in that’s not almost as huge as the significant cosmopolitan cities in Massachusetts. If you’re going to call Haverhill house, strategy time to check out the riverfront location, take a look at historical areas like Bradford Common Historic District and Winnekenni Castle, and go to the downtown location.
# 8: Brockton
Mean house rate: $ 495,000
Typical price per square foot: $ 304
Typical lease for a 1-bedroom apartment or condo: $ 1,550
Mean family earnings: $62,249
Closest significant city: Boston (20 miles)
Brockton, MA houses for sale
Brockton, MA homes for lease
If you have actually been residing in Massachusetts for a long time, you likely understand of Brockton. About 105,600 individuals live in Brockton, a popular suburban area of Boston. Make sure to check out downtown Brockton, take a look at the Fuller Craft Museum, and go to close-by Ames Nowell State Park when living in Brockton
# 9: Lawrence
Mean house rate: $585,000
Typical price per square foot: $ 272
Typical lease for a 1-bedroom apartment or condo: $ 1,434
Mean family earnings: $ 45,045
Closest significant city: Boston (25 miles)
Lawrence, MA houses for sale
Lawrence, MA homes for lease
Another excellent location to think about transferring to in Massachusetts is Lawrence where the population has to do with 89,100. Enjoyable activities to do in Lawrence consist of having a look at parks like O’Connell South Common, O’Neill Park, and Pemberton Park, or checking out the downtown and riverfront locations.
# 10: Methuen
Mean house rate: $ 600,000
Typical price per square foot: $ 290
Typical lease for a 1-bedroom apartment or condo: $1,795
Mean family earnings: $ 83,527
Closest significant city: Lawrence (5 miles)
Methuen, MA houses for sale
Methuen, MA homes for lease
Successive on our list is Methuen, about 5 miles far from Lawrence, the nearby significant city. This city has a population of 53,100 and you can golf at one of the courses in the area, check out Nevins Bird Sanctuary, and see a performance at Methuen Memorial Music Hall. There’s constantly something to take a look at while living in Methuen
# 11: Revere
Mean house rate: $612,500
Typical price per square foot: $ 333
Typical lease for a 1-bedroom apartment or condo: $ 1,800
Mean family earnings: $68,331
Closest significant city: Boston (5 miles)
Revere, MA houses for sale
Revere, MA homes for lease
With a typical house price of $612,500, Revere is another cost effective city to think about purchasing a house in this year. You’ll discover there have to do with 62,200 homeowners in the Revere location so you’ll have a smaller sized city-like feel without the big-city rates. If Revere is the city for you, make sure to invest the day outside at Revere Beach, check out the Sea Airplane Basin, and take a look at the regional dining establishments in the area.
# 12: Peabody
Mean house rate: $ 628,750
Typical price per square foot: $ 340
Typical lease for a 1-bedroom apartment or condo: $2,577
Mean family earnings: $ 80,681
Closest significant city: Boston (15 miles)
Peabody, MA houses for sale
Peabody, MA homes for lease
The city of Peabody takes the 12th and last area on our list of cost effective locations to reside in Massachusetts. For those seeking to purchase a house, the average price is $628,750. If you’re seeking to go to the nearby significant city, Boston is 15 miles far from Peabody. There is plenty to do in Peabody like going to Brooksby Farm where you can select your own fruit throughout the summer season or delight in the pumpkin spot in the fall, spending quality time outdoors at Winnona Pond, and playing golf at one of the courses.
Approach: All cities need to have more than 50,000 homeowners per the United States Census, have a typical house price and typical price per square foot under the typical typical house price and typical price per square foot in Massachusetts. Mean house price and average price per square foot from the Redfin Data Center throughout August 2023. Typical rental information from Rent.com August 2023. Population and average family earnings information sourced from the United States Census Bureau