Cost of Living in Hampden County, Massachusetts

$1,105/mo

Median Monthly Rent

$276,300

Median Home Value

29% below state averageUnaffordable

At a Glance

Median Monthly Rent

$1,105/mo

29% below state average

Median Home Value

$276,300

2% below national

Rent-to-Income Ratio

31.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Hampden County Compares

Median monthly rent comparison

Hampden County$1,105/mo

Massachusetts Average$1,558/mo

National Median$1,163/mo

Detailed Housing Stats

$1,105/mo

Median Gross Rent

$276,300

Median Home Value

$1,525/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Hampden County, Massachusetts

Hampden offers surprising affordability for region

Hampden County renters spend 18.8% of their income on housing, beating both the national average and Massachusetts' state median of 19.3%. With the lowest median household income ($70,535) among surveyed counties and rent at just $1,105 monthly, Hampden proves you don't need high income to achieve housing affordability.

Hampden punches above its weight on value

Hampden County ranks among the most affordable in Massachusetts despite having the state's lowest median household income at $70,535. Its 18.8% rent-to-income ratio beats the state average, and its $1,105 median rent ranks among the lowest statewide.

Springfield area undercuts all western counties

Hampden's $1,105 median rent edges out Berkshire ($1,042) as slightly pricier but beats Franklin ($1,169) and Hampshire ($1,332) by substantial margins. Home values ($276,300) are the state's lowest alongside Berkshire, making Hampden the ultimate affordability play.

Modest income stretched across reasonable costs

Renters allocate 18.8% of their $70,535 income to $1,105 monthly rent, while homeowners dedicate 25.9% to a $1,525 monthly payment on homes worth $276,300. Hampden achieves impressive affordability despite lower household incomes than most other surveyed counties.

Maximum affordability for budget-conscious relocators

Moving to Hampden County means accessing the state's lowest home values ($276,300) and some of the lowest rents ($1,105) while maintaining reasonable household economics. If affordability is paramount and you're willing to embrace Springfield's urban revitalization, Hampden delivers unmatched housing value in Massachusetts.

Affordability Calculator

See how your income compares to housing costs in Hampden County

Your Annual Household Income

Rent Burden

18.8%

of gross income

Max Housing (28% Rule)

$1,646

per month

Owner Cost Burden

25.9%

of gross income

The median home in Hampden County may be a stretch

Median home value is $276,300. Estimated monthly cost: $2,206 vs. your max of $1,646.

Rent Affordability Guide

Your rent-to-income ratio18.8%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hampden County, Massachusetts?

Hampden County, Massachusetts has a median monthly rent of $1,105/mo and a median home value of $276,300. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Hampden County?

The median gross rent in Hampden County is $1,105/mo. This is 29% below state average for Massachusetts.

Is Hampden County affordable?

Hampden County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Hampden County's rent compare to the state average?

Hampden County's median rent of $1,105/mo is 29% below state average of $1,558/mo for Massachusetts.

What is the median home value in Hampden County?

The median home value in Hampden County, Massachusetts is $276,300. This is 2% below the national median home value of $281,900.