Chelsea vs Cambridge: Housing
| Chelsea | Cambridge | |
|---|---|---|
| Median Home Value | $493,500 | $1,092,100 |
| Median Gross Rent | $1,956/mo | $2,787/mo |
| Homeownership Rate | 26.0% | 33.5% |
| Rent as Share of Income | 32.5% | 25.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.