Home prices
The median home in Fitchburg costs $196,600. In comparison to other places in this area this is about $50,740 (20%) lower.Compared to the rest of the nation it is roughly $20,900 (9%) lower, and is roughly $336,100 (63%) lower in comparison to the city of Boston.
Rents
The median monthly rent in Fitchburg is $1,016. It is roughly $143 (16%) higher compared to its surrounding areas.It is roughly $46 (4%) lower in comparison to the rest of the nation, and in comparison to the city of Boston is about $604 (37%) lower.
Nearby places
Leominster
Leominster is Fitchburg's neighbor to the southeast. Housing prices there are somewhat more expensive. Leominster's median home value is $241,800, which comes out to $45,200 (18%) higher than Fitchburg. Rents there are pretty similar. Leominster's median monthly rent is $973, which comes out to $43 (4%) lower than Fitchburg.
Townsend
Townsend is about 7 miles northeast from Fitchburg. Its housing prices are a little more expensive. The median home in Townsend is valued at $234,000, which works out to $37,400 (15%) higher than Fitchburg. The rent there is somewhat less expensive. In Townsend the median monthly rent is $773, which is $243 (31%) lower than Fitchburg.
Gardner
Gardner is roughly 7 miles west from Fitchburg. The housing prices there are a little less expensive. The median home in Gardner costs $185,700, which is $10,900 (5%) lower than Fitchburg. The rent there is a bit less expensive. In Gardner the median monthly rent is $838, which is $178 (21%) lower than Fitchburg.
Shirley
Shirley is roughly 7 miles southeast of Fitchburg. Its housing prices are a bit more expensive. The median home in Shirley is valued at $258,600, which works out to $62,000 (23%) higher than Fitchburg. Rents there are a bit less expensive. Shirley's median rent is $777 per month, which works out to $239 (30%) lower than Fitchburg.
Ayer
Ayer is roughly 10 miles east from Fitchburg. Real estate prices there are a lot more expensive. Ayer's median home price is $316,600, which works out to $120,000 (37%) higher than Fitchburg. The rent there is pretty similar. Ayer's median monthly rent is $1,006, which is very similar to Fitchburg.