How much house can I afford on $300,000 in Massachusetts?
About $1,041,000 with 20% down ($834,000 with an FHA loan), using Massachusetts's 1.01% property tax rate.
That is $385,660 more than the typical Massachusetts home ($655,219), so a $300,000 salary can buy a typical home here. The payment of $7,000 covers $5,602 principal and interest, $878 property tax and $520 insurance.
Counties in Massachusetts you can afford on $300,000
12 of 14 counties have a typical home value at or below $1,041,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Middlesex County | $804,837 | +1.5% | 1.03% |
| Norfolk County | $764,424 | +2.5% | 1.06% |
| Barnstable County | $757,449 | +2.9% | 0.67% |
| Suffolk County | $738,589 | +0.2% | 0.66% |
| Essex County | $715,954 | +2.1% | 1.04% |
| Plymouth County | $646,858 | +4.0% | 1.17% |
| Bristol County | $545,691 | +3.7% | 1.07% |
| Worcester County | $495,048 | +1.9% | 1.28% |
| Hampshire County | $449,669 | +2.8% | 1.43% |
| Berkshire County | $389,996 | +1.6% | 1.32% |
| Franklin County | $369,047 | +1.6% | 1.43% |
| Hampden County | $351,040 | +4.0% | 1.49% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.01% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Massachusetts
Frequently asked questions
How much house can I afford on $300,000 in Massachusetts?
About $1,041,000 with 20% down at 7.11%, keeping the payment (with Massachusetts's 1.01% property tax and insurance) under $7,000 a month.
Is $300,000 enough to buy a house in Massachusetts?
Yes: the typical Massachusetts home is worth $655,219 (Zillow, September 2026) and $300,000 supports about $1,041,000. 12 of 14 counties are within budget.