Cost of Living in Hampshire County, Massachusetts

$1,332/mo
Median Monthly Rent
$363,400
Median Home Value
15% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,332/mo
15% below state average
Median Home Value
$363,400
29% above 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 Hampshire County Compares

Median monthly rent comparison

Hampshire County$1,332/mo
Massachusetts Average$1,558/mo
National Median$1,163/mo

Detailed Housing Stats

$1,332/mo
Median Gross Rent
$363,400
Median Home Value
$1,640/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hampshire County, Massachusetts

Hampshire achieves strong affordability with solid income

Hampshire County renters spend 18.5% of their income on housing, outperforming both the national average and Massachusetts' state median of 19.3%. With a median household income of $86,391 and rent at $1,332 monthly, Hampshire balances good earnings with reasonable housing costs.

Hampshire ranks among state's best values

Hampshire County boasts an 18.5% rent-to-income ratio, besting Massachusetts' state average of 19.3% and ranking among the most affordable counties statewide. Its $1,332 median rent sits well below the state median, offering solid value for western Massachusetts.

Northampton area pricing amid strong college presence

Hampshire's $1,332 rent falls between Franklin ($1,169) and Barnstable ($1,596), reflecting the Northampton area's college-driven housing market and cultural amenities. Home values ($363,400) exceed Berkshire and Hampden but remain well below coastal counties, maintaining reasonable ownership barriers.

Renters enjoy better deals than homebuyers

Renters allocate 18.5% of their $86,391 income to $1,332 monthly rent, while homeowners dedicate 22.7% to a $1,640 monthly payment on homes worth $363,400. Hampshire offers especially attractive rental affordability compared to its ownership costs.

College town vitality with moderate housing costs

Hampshire County combines the cultural richness of Five College communities with affordability better than most Massachusetts options. If you're relocating and want intellectual stimulation alongside reasonable housing economics, Hampshire's 18.5% rent burden and $363,400 home values beat coastal counties decisively.

Affordability Calculator

See how your income compares to housing costs in Hampshire County

$

Rent Burden

18.5%

of gross income

Max Housing (28% Rule)

$2,016

per month

Owner Cost Burden

22.8%

of gross income

The median home in Hampshire County may be a stretch

Median home value is $363,400. Estimated monthly cost: $2,901 vs. your max of $2,016.

Rent Affordability Guide

Your rent-to-income ratio18.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hampshire County, Massachusetts?
Hampshire County, Massachusetts has a median monthly rent of $1,332/mo and a median home value of $363,400. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Hampshire County?
The median gross rent in Hampshire County is $1,332/mo. This is 15% below state average for Massachusetts.
Is Hampshire County affordable?
Hampshire 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 Hampshire County's rent compare to the state average?
Hampshire County's median rent of $1,332/mo is 15% below state average of $1,558/mo for Massachusetts.
What is the median home value in Hampshire County?
The median home value in Hampshire County, Massachusetts is $363,400. This is 29% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.