Similar to its nearby areas, it is a bit less expensive compared to the rest of the nation. Compared to the city of Springfield, it is close to average.
Home prices
The median home in Cambridge is valued at $153,600. It is is very similar compared to other places in this area.In comparison to the nation as a whole it is about $63,900 (29%) lower, and in comparison to the city of Springfield it is about $2,600 (1%) lower.
Rents
Cambridge's median monthly rent is $779. Compared to its nearby areas this is about $121 (13%) lower.Compared to the rest of the nation it is about $283 (26%) lower, and in comparison to the city of Springfield it is roughly $98 (11%) lower.
Nearby places
Greenwich
Greenwich is about 6 miles northwest of Cambridge. Housing prices there are a bit more expensive. The median home in Greenwich is valued at $171,400, which works out to $17,800 (10%) higher than Cambridge. The rent there is a little more expensive. In Greenwich the median rent is $890 a month, which is $111 (12%) higher than Cambridge.
Hoosick Falls
Hoosick Falls is about 8 miles south from Cambridge. Its housing prices are somewhat less expensive. The cost of the median home in Hoosick Falls is $119,500, which comes out to $34,100 (28%) lower than Cambridge. The rent there is somewhat more expensive. In Hoosick Falls the median monthly rent is $879, which comes out to $100 (11%) higher than Cambridge.
North Bennington
North Bennington is about 9 miles southeast from Cambridge. The housing prices there are a bit more expensive. The cost of the median home in North Bennington is $199,000, which comes out to $45,400 (22%) higher than Cambridge. Its rents are somewhat more expensive. North Bennington's median rent is $952 per month, which works out to $173 (18%) higher than Cambridge.
Salem
Salem is approximately 9 miles north from Cambridge. Its real estate prices are a lot less expensive. Salem's median home value is $116,000, which works out to $37,600 (32%) lower than Cambridge. Its rents are a bit more expensive. Salem's median rent is $860 a month, which is $81 (9%) higher than Cambridge.
Schuylerville
Schuylerville is about 9 miles northwest from Cambridge. Real estate prices there are similar. The median home in Schuylerville costs $157,800, which works out to $4,200 (2%) higher than Cambridge. Rent there is somewhat more expensive. The median rent in Schuylerville is $917 per month, which is $138 (15%) higher than Cambridge.
