Lowell vs Springfield: Housing
| Lowell | Springfield | |
|---|---|---|
| Median Home Value | $429,200 | $245,000 |
| Median Gross Rent | $1,625/mo | $1,144/mo |
| Homeownership Rate | 43.2% | 49.6% |
| Rent as Share of Income | 24.8% | 26.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.