salaryRent is higher than in 51% of U.S. cities. A typical house costs about 6.5 years of household income, so buying is hard for most locals. Most households rent (65%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $66,560 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other Massachusetts cities?
Yes. Rent here is cheaper than in most of Massachusetts. It is number 30 of 123 cities from cheapest to most expensive.
How much do households earn in Fall River?
Share of households by yearly income. 18.5% of households earn $100,000 or more.
Rent by apartment size in Fall River
| Size | Fall River | U.S. average |
|---|---|---|
| Studio | $1,200 | $1,338 |
| 1 bedroom | $940 | $1,324 |
| 2 bedrooms | $1,285 | $1,509 |
| 3 bedrooms | $1,429 | $1,698 |
| 4 bedrooms | $1,666 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fall River overall?
Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fall River, so the Massachusetts figure is shown.
Taxes and bills in Fall River
Life in Fall River
Is it cheaper to rent or buy in Fall River?
Renting is cheaper right now: about $1,080 a month less.
Owning assumes a typical $395,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,550 for the down payment.
Frequently asked questions
What is the average rent in Fall River, MA?
Renting in Fall River costs a median of about $1,664 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Fall River?
To keep rent under 30% of income, you need about $66,560 a year, or $32 an hour at a full-time job.
Is Fall River cheap or expensive?
Fall River is rated Expensive: rent takes 32.7% of the typical household income of $61,122. It ranks 30th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Fall River?
The median homeowner in Fall River pays $3,953 a year in property taxes, about 1.00% of the median home value.
Is Fall River more expensive than the national average?
Overall prices in Massachusetts are 6% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Fall River?
The median home value in Fall River is $395,500, about 6.5 times the typical yearly household income.
94,082 people live in Fall River. Numbers are typical (middle) values.