Compare Cambridge, MA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Cambridge.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Cambridge. Plus, shopping lenders is free and there is no obligation.
August 14, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Cambridge. Understand how much you need to earn to afford a home in Cambridge, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Cambridge fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Cambridge is right for you.
The median home value for Cambridge, MA (Middlesex County) is $707,753
Based on current mortgage rates and a 10% down payment, you need to make $147,649 per year to buy the median priced home in Cambridge
With this income, you could qualify for a $636,977 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Cambridge is $3,419
The median household income for Cambridge, MA (Middlesex County) is $114,410
Based on this income, you can afford a home valued at approximately $548,425
The home price you can afford to buy based on household income in Cambridge is 77% of the median home value which means housing prices are very expensive. Cambridge (Middlesex County) ranks 9 out of 14 counties in Massachusetts and 3,024 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Cambridge, MA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Cambridge (Middlesex County) below.
Conforming loan limits for Cambridge, MA
FHA loan limits for Cambridge, MA