Most Affordable Neighborhoods in Somerville - 2026 Data
The median home value in Somerville is $860,500, 205% above nat'l avg. Median rent is $1,036/month. With an affordability index of 124, Somerville is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Somerville, MA area.
Key Takeaways: Affordability in Somerville
- 1The most affordable neighborhood in Somerville is Lowell, with a median home value of $362,800.
- 2Somerville's median home value is $860,500, 205% above nat'l avg (national: $281,900).
- 3Somerville's affordability index is 124 (baseline 100), making it more affordable than the national average.
- 4Median rent in Somerville is $1,036/month, 11% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Somerville to find the most affordable areas based on home values, rent, and affordability index.
Somerville Affordability Overview
Median Home Value
$860,500
205% above nat'l avg
Median Rent
$1,036/mo
11% below nat'l avg
Median Income
$120,778
62% above nat'l avg
Affordability Index
124
24% above nat'l avg
Most Affordable Neighborhoods in Somerville (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | LowellMA | $362,800 |
| 2 | QuincyMA | $563,200 |
| 3 | LynnMA | $442,800 |
| 4 | New BedfordMA | $291,300 |
| 5 | Fall RiverMA | $328,100 |
| 6 | NewtonMA | $1,136,200 |
| 7 | FraminghamMA | $553,200 |
| 8 | HaverhillMA | $400,900 |
| 9 | MaldenMA | $570,600 |
| 10 | WalthamMA | $679,000 |
| 11 | PalmerMA | $232,300 |
| 12 | MedfordMA | $669,600 |
| 13 | RevereMA | $518,600 |
| 14 | TauntonMA | $359,500 |
| 15 | SpringfieldMA | $198,500 |