salaryRent is lower than in 58% of U.S. cities. A typical house costs about 4.7 years of household income. Commutes are short, about 19.3 minutes. Most households rent (59%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $59,840 a year. That is $29 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 23 of 123 cities from cheapest to most expensive.
How much do households earn in Holyoke?
Share of households by yearly income. 18.3% of households earn $100,000 or more.
Rent by apartment size in Holyoke
| Size | Holyoke | U.S. average |
|---|---|---|
| Studio | $375 | $1,338 |
| 1 bedroom | $908 | $1,324 |
| 2 bedrooms | $1,228 | $1,509 |
| 3 bedrooms | $1,388 | $1,698 |
| 4 bedrooms | $1,276 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Holyoke 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 Holyoke, so the Massachusetts figure is shown.
Taxes and bills in Holyoke
Life in Holyoke
Is it cheaper to rent or buy in Holyoke?
Renting is cheaper right now: about $406 a month less.
Owning assumes a typical $274,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,410 for the down payment.
Frequently asked questions
What is the average rent in Holyoke, MA?
Renting in Holyoke costs a median of about $1,496 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Holyoke?
To keep rent under 30% of income, you need about $59,840 a year, or $29 an hour at a full-time job.
Is Holyoke cheap or expensive?
Holyoke is rated Expensive: rent takes 31.1% of the typical household income of $57,813. It ranks 23rd cheapest of 123 Massachusetts cities we track.
How much are property taxes in Holyoke?
The median homeowner in Holyoke pays $4,065 a year in property taxes, about 1.48% of the median home value.
Is Holyoke 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 Holyoke?
The median home value in Holyoke is $274,100, about 4.7 times the typical yearly household income.
37,813 people live in Holyoke. Numbers are typical (middle) values.