Affordable housing units available in downtown Boston
Boston Condos for Sale and Apartment Rentals
Affordable housing units available in downtown Boston
- $324,900 for a two-bedroom, 740 sq. ft. condo in Everett, just outside of Boston.
- $370,000 for a two-bedroom, 686 sq. ft. condo in Dorchester
. - $379,000 for a two-bedroom condo in Roslindale
. - $399,000 for a two-bedroom condo in Brighton
. - $415,000 for a one-bedroom condo in Allston
. - $439,900 for a three-bedroom condo in Dorchester
Affordable Boston neighborhoods
- : Often called a “small town in a big city,” it is one of the cheapest places to live in Boston and has a variety of housing.Hyde Park
- : This area offers a suburban feel with classic homes and condos. The median condo price here is lower than the city’s median, and the neighborhood is considered safe.West Roxbury
- : With a suburban-residential feel and a community-driven village center, Roslindale is another affordable option. Commuter rail access makes it an attractive choice for many.Roslindale
- : As Boston’s largest and most diverse neighborhood, Dorchester offers a wide array of housing options. While historic divides exist, the area is vibrant and has more reasonably priced condos than other parts of the city.Dorchester
- : Located near Boston University and Harvard, Allston is known for its energetic and youthful atmosphere. It offers more affordable condos, though the market moves quickly due to high demand.Allston
- : Known for its parks and diverse community, JP has historically offered more affordable real estate. It provides access to green spaces like Franklin Park and Jamaica Pond.Jamaica Plain (JP)
- : This neighborhood offers waterfront views and proximity to downtown, but is undergoing significant gentrification, which is pushing prices upward. More affordable options are still available, particularly older units.East Boston
How to find and purchase affordable condo
- Utilize online resources: Use real estate websites like Zillow, Movoto, and Homes.com to browse current listings and get an idea of prices. Filter your searches by price to find condos in your budget.
- Work with local real estate agents: Companies like and specialize in the Boston market and can help you navigate the competitive landscape.Ford Realty
- Explore income-restricted housing: For households that meet certain income and asset limits, the City of Boston and state of Massachusetts offer affordable housing programs with units for sale.
- Be patient and act fast: In Boston’s competitive market, affordable condos sell quickly. Set up alerts for new listings and be prepared to move quickly once you find a promising property
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Affordable housing units available in downtown Boston
Housing is top of mind for Boston Mayor Michelle Wu this year, if her State of the City address is any indication.
Schools and law enforcement issues cropped up during her speech, but many of Wu’s remarks focused on housing. The mayor even invited first-time homebuyers as guests for her second State of the City, this week at MGM Music Hall, WBUR reported.
Wu pointed to permits approved last year for 7,400 units and the city’s best ratio of affordable housing to market-rate housing in more than a decade.
Affordable housing been an issue on Wu’s agenda since her election to mayor. Her plans aired in the recent speech include a program that would make it simpler to add accessory dwelling units and granny flats to homes.
Wu also discussed the city’s program to convert sparsely used office buildings into residential complexes, according to CBS News. There are already eight proposals for office-to-resi conversions in the city, which could boost housing stock while taking some struggling office properties out of play.
Despite the measure passing the City Council almost a year ago, the State House and Senate don’t appear eager to sign off on the bill.
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Ford Realty is located in 137 Charles Street in Beacon Hill
For more information please contact one of our on-call Boston real estate agents at 617-595-3712.
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Ford Realty Beacon Hill – Condo for Sale Office
Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2024
John Ford Boston Beacon Hill Condo Broker 137 Charles Street Boston, MA. 02114
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Boston Condos for Sale and Apartment Rentals
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Boston Real Estate
Yesterday I was reading the Metropolitan council housing policy plan. It tells me what I know already and that is that we do not have enough affordable housing. The demand will continue to grow as more people earn less money.
• People are paying too much for housing: At present, more than 282,000 low- and moderate-income households in the region are paying more than 30% of their household income on housing costs. Nearly 144,000 of those are paying more than half their income on housing.
• Needs are growing: Between 2020 and 2030, the region will add 37,400 low- and moderate-income households who will need additional affordable housing. For comparison, in the first three years of this decade, the region added just under 3,000 new affordable units, far under the need.
Housing costs in the metro area
There is a shortage of housing in general. The population has grown in the last decade and construction has not kept up with it. Some changes in zoning laws and deregulation may help ease the situation. Building more affordable housing in the suburbs might also help.
Boston Real Estate