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Boston city, MA

ZIP 02111 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02111

Median Home Value
$953,400
Median Rent
$1,802
Affordability Snapshot
$262,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,124/mo PITI).

31%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

13.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

44.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02111 in Boston city, MA, a household would need roughly $262,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,124. That is about 270% above the local median household income ($70,865), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
26.9%-59% vs US avg
x
Vacancy Rate
20.3%+97% vs US avg
x
Broadband Access
95.7%+10% vs US avg
x
4+ Bedrooms
0.2%-99% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
43.4%+14% vs US avg
x
$953,400
Home Value
$1,802
Rent
1986
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached0.6%
  • 1-unit attached1.9%
  • 2-9 units11.2%
  • 10+ units86.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$953,400
Median rent$1,802
Owner-occupied26.9%
Vacant20.3%
Price-to-income13.5x
Est. income to buy$262,000