Homestead exemptions like that are common in most states.[0] Cambridge does have a lower than average residential property tax rate, mostly due to how much com

Homestead exemptions like that are common in most states.[0] Cambridge does have a lower than average residential property tax rate, mostly due to how much commercial development they have. I still wouldn't point to Cambridge as a particular success in terms of affordable housing though. [0] https://smartasset.com/taxes/what-is-a-homestead-tax-exemption https://smartasset.com/taxes/what-is-a-homestead-tax-exempti...