Property Prices in Somerville, MA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 5.64 |
| Mortgage as Percentage of Income: | 49.87% |
| Loan Affordability Index: | 2.01 |
| Price to Rent Ratio - City Centre: | 12.74 |
| Price to Rent Ratio - Outside of Centre: | 10.01 |
| Gross Rental Yield (City Centre): | 7.85% |
| Gross Rental Yield (Outside of Centre): | 9.99% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 2,866.67 $ | |
| 1 Bedroom Apartment Outside of City Centre | 2,675.00 $ | |
| 3 Bedroom Apartment in City Centre | 4,533.33 $ | |
| 3 Bedroom Apartment Outside of City Centre | 4,466.67 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 699.99 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 525.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,844.00 $ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.35 | |
These data are based on 25 entries from 5 contributors over the past 18 months.
Last update: 30 November 2025
Sources and References
Nearby Cities:| Property Prices in Cambridge, Massachusetts | 1.22 miles |
| Property Prices in Boston, Massachusetts | 3.71 miles |
| Property Prices in Malden, Massachusetts | 4.64 miles |
| Property Prices in Lynn, Massachusetts | 11.77 miles |
| Property Prices in Tewksbury, Massachusetts | 21.92 miles |
| Property Prices in Beverly, Massachusetts | 26.07 miles |
| Property Prices in Brockton, Massachusetts | 27.27 miles |
| Property Prices in Leominster, Massachusetts | 38.11 miles |
| Property Prices in Taunton, Massachusetts | 41.58 miles |
| Property Prices in Attleboro, Massachusetts | 41.68 miles |
This Page in Other Languages:
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 ItalianoPrezzi degli immobili a Somerville
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 EspañolPrecios de las propiedades en Somerville
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