Cheapest Places to Live Near Boston

Cheapest Places to Live Near Boston

Cheapest Places to Live Near Boston: Officially known as the Commonwealth of Massachusetts, Massachusetts is in the New England region. The population of 7 million people contributes significantly to the high cost of living in the region. As a result, many people opt for the cheapest places to live near Boston, as the city is typically the # 1 choice for renters in the state.

Boston’s charm and easy access to nature, both the mountains and the ocean, have seen the city experience a 73% increase in rental prices in recent years. Our guide explores median income places and affordable places to live in Boston for renters.

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Mid-income locations in Massachusetts

If you are planning to relocate near Boston, MA, you will find plenty of affordable options and budget-friendly neighbourhoods in Boston and surrounding areas where the national average median salary can cover the cost of living. Consider some of the following more affordable Boston suburbs:

Allston-Brighton offers an affordable cost of living without compromising the standard of living. The lively neighbourhood is ideal for singles, young professionals and students. You can find various apartment designs, such as brownstones, condos, Victorian buildings, and renovated buildings, in the Brookline and Back Bay areas.

The area has several educational institutions nearby, such as Boston College, Boston University, and Northeastern University. Due to the relatively cheap cost of living, students often choose to stay here after completing their studies.

Annual family household income is approximately $ 58,851, and the average rental rate for an apartment is approximately $ 1,546 per month. For more on Boston neighbourhoods, check out our article on Boston’s Best Neighborhoods for Newcomers.

East Boston, popularly known as Eastie, offers affordable accommodation and proximity to downtown, just a 10-minute drive away. Waterfront areas such as Maverick Square, Jeffries Point and Eagle Hill see rent increases due to the influx of young professionals and students. However, you can still find cheaper condos and apartments for rent more inland.

The median annual family income is $ 83,352, and the median monthly rent is approximately $ 1,900.

Easthampton’s population is around 16042. If you are looking for a modest apartment to rent with a large city yard and an affordable cost of living, Easthampton is a great place to be. The area is excellent for families because of the serene neighbourhoods and excellent schools, such as Hilltown Cooperative Charter Public School, Maple Primary School, and Easthampton Secondary School. You can also find many small private colleges and state universities, including the University of Massachusetts Amherst.

Her median annual family income is around $ 63,507, and the median monthly rent is around $ 850.

Find apartments for rent in Boston

Cheapest places to live near Boston

Salem, Massachusetts via iStock.com/Pierdelune

You won’t find a one-size-fits-all approach to securing rent in affordable Boston neighbourhoods. Usually, the size of the apartment, its location, amenities and other hidden costs dictate the price of rent. Finding affordable housing in and around Boston is possible when you know where to look.

Check out some places where you can start your search for cheap apartments for rent in the Boston suburbs.

The area is ideal for students, intellectuals, and artists due to its utopian history and educational opportunities with Smith College. You can walk downtown to access various grocery stores, restaurants, concert halls, and art galleries. Nature lovers will be delighted by the vast network of hiking and cycling trails.

Some of the rental rates are as follows:

  • Studio: $ 925
  • Room: $ 1,325
  • Two rooms: $ 1,581
  • Three rooms: $ 1,995

While not necessarily a suburb of Boston, the allure of Portland has attracted many renters looking for cheaper accommodation. The coastal city has a thriving downtown area where you can find apartments that evoke the beauty of Boston at subsidized prices. Additionally, Portland is known as a culinary capital due to the presence of sumptuous seafood restaurants. You can get to Boston quickly using the Downeaster train with Amtrak in about two hours.

Some of the average rental prices for apartments are as follows:

  • Studio: $ 900
  • Room: $ 1,298
  • Two rooms: $ 1,401
  • Three rooms: $ 2,075

Although this city is smaller and cheaper than Boston, it is just as vibrant. The city centre is lively, with many 19th century houses, restaurants, cafes and a trendy art scene. Providence is just 35 minutes from Boston and three hours from New York.

Median apartment rents in Providence are as follows:

  • Studio: $ 575
  • Room: $ 925
  • Two rooms: $ 1,100
  • Three rooms: $ 1,208

Worcester is New England’s second-largest city, and it has a suburban feel due to the many 20th century houses and leafy streets. The robust economy of health care and the excellent restaurant scene make it a strong rival to Boston. Families with children will enjoy the Worcester Ecotarium, which offers an experience similar to that of the Museum of Science in Boston.

You can get cheap apartments in this suburb of Boston at the prices listed below:

  • Studio: $ 750
  • Room: 850 $
  • Two rooms: $ 1,000
  • Three rooms : $ 1,113

If you can’t afford to live in Boston but still want to experience gorgeous old apartments and waterfront parks, consider Salem an alternative. While the city is slightly overpriced compared to the other inexpensive places in this guide, it’s the closest to Boston and a cultural treasure. If Halloween is your favourite holiday of the year, this city offers the epitome of celebrations with unparalleled costumes and events for people of all ages.

You can find great apartments here from these rates:

  • Studio: $ 1,100
  • Room: $ 1,300
  • Two rooms: $ 1,725
  • Three rooms: $ 2,075

Renting in the cheapest places to live near Boston is a suitable option for people moving to Massachusetts and keeping their living costs low. Since the cost of housing is higher in Boston than in smaller towns, you’ll want to look for an apartment located in one of the more affordable neighbourhoods in the Boston area.

Cheapest Places to Live Near Boston

Living in or near Boston can be a fantastic experience for anyone. There is so much to do in Boston, whether you love boating, baseball, or just walking along the streets. You don’t even have to get out of your home to enjoy all that Boston has to offer. Below are just some of the many reasons why living in the town of Boston is such a great experience.

Cheapest Places to Live Near Boston:

Of course, money will always play a big factor when deciding where to live. But one thing that you can count on with the affordability of living in Boston is that it offers many of the most expensive places to live in the entire country. In fact, even with the relatively high cost of living in Boston, you can typically expect to spend much less on your monthly income than you would in other parts of the country. The availability of affordable housing is one of the greatest benefits of living in Boston. The city is home to some of the most expensive real property in the country, but it also has some of its most supportive and friendly communities.

Growing Population:

As the baby-boomer generation gets older, it is possible to expect a significant increase in population in any part of Massachusetts. As the baby boomer generation ages and passes on, there is an increased demand for homes in the city of Boston and the rest of Massachusetts. This increased population demand is one reason why Boston has seen an increase in real estate values over the last few years.

Real estate values have risen so fast that the supply is outstripping the demand in the past few years. This is particularly true in Boylston, Cambridge, and Back Bay. In these and many other neighbourhoods, young professionals and families are flocking to live near Boston because they can find some of the most affordable, quality real estate sold at bargain prices.

Massachusetts

These same neighbourhoods are also some of the most desirable areas to live in Massachusetts. One of the most interesting aspects of living in some of these Boston neighbourhoods is that because it is so desirable, the cost of renting an apartment or buying a house in these areas is meagre. In some Boston neighbourhoods like Commonwealth Avenue and Commonwealth Park, the median monthly rent is under $1500. The proximity to the state capitol, the colleges and the hospitals and the nearby major transportation hubs make a living in some of these Boston neighbourhoods perfect for young professionals and working families alike.

Beacon Hill and Back Bay

Beacon Hill and Back Bay are two of the most popular Boston neighbourhoods. They offer easy access to many of Boston’s top colleges and medical facilities. The student population at these top-rated colleges is extremely high, and with so many students going back to school every year, the rents for apartments and condos here are also extremely low. One of the best things about living in these neighbourhoods is their proximity to some of Boston’s most popular shopping areas. You can shop here for New Balance, Old Navy, and Pier 1 Imports.

When looking for the cheapest places to live near Boston, the options become even more limited. These neighbourhoods are known for their high prices. Living in these neighbourhoods is expensive due to the lack of affordable homes and the high cost of owning a home. Renting an apartment or condo in this area is often more expensive than buying a home.

Live in Boston

The best places to live in Boston are always affordable. No matter how difficult it can be to find a home or an apartment in this city, there are several ways to find affordable housing. Many people in Boston fall within the affordable range for rent payments on their condos and apartments.

Finding affordable housing is easiest if you are looking for an area close to the city centre. It doesn’t have to be far away. In some cases, it might just be within walking distance. This could mean you are closer to work, which can be very important when looking for employment in Boston. Finding the place that is right for you can take some time, but if you know where to look, you should find the affordable real estate that you are after.

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