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Waltham city, MA

ZIP 02453 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02453

Median Home Value
$666,300
Median Rent
$1,906
Affordability Snapshot
$183,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,280/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.8x
Home Price-to-Income Ratio

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

29.1 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 02453 in Waltham city, MA, a household would need roughly $183,000 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 $4,280. That is about 60% above the local median household income ($114,029), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
41.9%-36% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
92.9%+7% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
10.0%-22% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
15.9%-68% vs US avg
x
Mortgage-Free
35.0%-8% vs US avg
x
$666,300
Home Value
$1,906
Rent
1954
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached27.6%
  • 1-unit attached7.3%
  • 2-9 units43.0%
  • 10+ units22.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$666,300
Median rent$1,906
Owner-occupied41.9%
Vacant3.6%
Price-to-income5.8x
Est. income to buy$183,000