salaryRent is lower than in 55% of U.S. cities. A typical house costs about 4.1 years of household income. Most households rent (57%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $61,720 a year. That is $30 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 25 of 123 cities from cheapest to most expensive.
How much do households earn in Southbridge Town?
Share of households by yearly income. 22.2% of households earn $100,000 or more.
Rent by apartment size in Southbridge Town
| Size | Southbridge Town | U.S. average |
|---|---|---|
| Studio | $776 | $1,338 |
| 1 bedroom | $1,023 | $1,324 |
| 2 bedrooms | $1,432 | $1,509 |
| 3 bedrooms | $1,590 | $1,698 |
| 4 bedrooms | $1,613 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Southbridge Town 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 Southbridge Town, so the Massachusetts figure is shown.
Taxes and bills in Southbridge Town
Life in Southbridge Town
Is it cheaper to rent or buy in Southbridge Town?
Renting is cheaper right now: about $503 a month less.
Owning assumes a typical $294,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,480 for the down payment.
Frequently asked questions
What is the average rent in Southbridge Town, MA?
Renting in Southbridge Town costs a median of about $1,543 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Southbridge Town?
To keep rent under 30% of income, you need about $61,720 a year, or $30 an hour at a full-time job.
Is Southbridge Town cheap or expensive?
Southbridge Town is rated OK: rent takes 25.9% of the typical household income of $71,491. It ranks 25th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Southbridge Town?
The median homeowner in Southbridge Town pays $4,400 a year in property taxes, about 1.49% of the median home value.
Is Southbridge Town 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 Southbridge Town?
The median home value in Southbridge Town is $294,800, about 4.1 times the typical yearly household income.
17,928 people live in Southbridge Town. Numbers are typical (middle) values.