Massachusetts

Ranked #47 of 51 for housing affordability

25Crisis

Median Home Price

🏠

$600K

6.7x income

Median Rent

🔑

$2K

36.5% rent-burdened

Median Income

💰

$89K

Population: 7,029,917

Homeownership

🏡

62.1%

15,507 experiencing homelessness

Housing Shortage

📉

200,000

units needed

Building Permits (2024)

🔨

19,000

Price-to-Income

📊

6.7x

Severe Rent Burden

⚠️

18.5%

paying >50% of income

Rent Burden Breakdown

vs. National Average

Metros in Massachusetts

MetroScoreHome PriceRentIncomeRent Burden
Boston22$680K$2K$97K36.0%
Worcester38$420K$2K$67K35.0%
Springfield52$290K$1K$56K35.5%

Housing Policies

Chapter 40B affordable housingMBTA Communities Act zoning reformlocal option rent stabilizationADU reform