Medford vs Lowell: Housing
| Medford | Lowell | |
|---|---|---|
| Median Home Value | $755,500 | $429,200 |
| Median Gross Rent | $2,509/mo | $1,625/mo |
| Homeownership Rate | 54.1% | 43.2% |
| Rent as Share of Income | 23.2% | 24.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.