Most Affordable Neighborhoods in New Bedford - 2026 Data
The median home value in New Bedford is $291,300, 3% above nat'l avg. Median rent is $1,036/month. With an affordability index of 124, New Bedford is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the New Bedford, MA area.
Key Takeaways: Affordability in New Bedford
- 1The most affordable neighborhood in New Bedford is Lowell, with a median home value of $362,800.
- 2New Bedford's median home value is $291,300, 3% above nat'l avg (national: $281,900).
- 3New Bedford's affordability index is 124 (baseline 100), making it more affordable than the national average.
- 4Median rent in New Bedford is $1,036/month, 11% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in New Bedford to find the most affordable areas based on home values, rent, and affordability index.
New Bedford Affordability Overview
Median Home Value
$291,300
3% above nat'l avg
Median Rent
$1,036/mo
11% below nat'l avg
Median Income
$54,604
27% below nat'l avg
Affordability Index
124
24% above nat'l avg
Most Affordable Neighborhoods in New Bedford (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | LowellMA | $362,800 |
| 2 | QuincyMA | $563,200 |
| 3 | LynnMA | $442,800 |
| 4 | Fall RiverMA | $328,100 |
| 5 | NewtonMA | $1,136,200 |
| 6 | FraminghamMA | $553,200 |
| 7 | HaverhillMA | $400,900 |
| 8 | MaldenMA | $570,600 |
| 9 | WalthamMA | $679,000 |
| 10 | PalmerMA | $232,300 |
| 11 | MedfordMA | $669,600 |
| 12 | RevereMA | $518,600 |
| 13 | TauntonMA | $359,500 |
| 14 | WeymouthMA | $469,300 |
| 15 | SpringfieldMA | $198,500 |