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RE Intelligence

Rental numbers for Essex County, MA

The typical home here runs -$3,034 a month at 7.78% with 25% down. 0 of 25 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%.

Gross yield
4.4%
typical home, Zillow
Median ZIP yield
4.7%
25 ZIPs with full data
Cash flow
-$3,034/mo
at 7.78%, 25% down
Typical price
$723,000
Zillow ZHVI, Aug 2026
Typical rent
$2,632/mo
Zillow ZORI, Aug 2026

ZIP codes in Essex County

42 with published figures

01840Lawrence$386,000$2,3477.3%3.7%-$901n/a
01901Lynn$467,000$2,2805.9%2.5%-$1,534+2.1%
01905Lynn$576,000$2,6925.6%2.4%-$1,954n/a
01835Haverhill$564,000$2,5715.5%2.3%-$1,967n/a
01843Lawrence$537,000$2,4325.4%2.4%-$1,816+1.4%
01906Saugus$688,000$3,0285.3%2.2%-$2,421n/a
01970Salem$607,000$2,6585.3%2.1%-$2,235+1.2%
01902Lynn$537,000$2,2505.0%1.9%-$2,052+2.5%
01830Haverhill$556,000$2,3215.0%1.9%-$2,116+0.4%
01904Lynn$623,000$2,560*4.9%1.9%-$2,387n/a
01832Haverhill$526,000$2,1554.9%1.7%-$2,077-1.7%
01841Lawrence$491,000$2,010*4.9%2.0%-$1,838n/a
01952Salisbury$633,000$2,590*4.9%1.9%-$2,394n/a
01960Peabody$698,000$2,8574.9%2.1%-$2,552+1.4%
01844Methuen$623,000$2,5354.9%1.8%-$2,401+2.1%
01951Newbury$1,007,000$3,9714.7%2.1%-$3,656n/a
01907Swampscott$831,000$3,2444.7%1.8%-$3,264n/a
01923Danvers$734,000$2,8534.7%1.7%-$2,918+0.3%
01913Amesbury$629,000$2,4404.7%1.3%-$2,734+3.7%
01860Merrimac$663,000$2,560*4.6%1.3%-$2,839n/a
01833Georgetown$781,000$3,000*4.6%1.6%-$3,175n/a
01915Beverly$763,000$2,7754.4%1.4%-$3,196+4.4%
01845North Andover$812,000$2,9034.3%1.4%-$3,448+4.8%
01930Gloucester$777,000$2,7354.2%1.3%-$3,322+8.2%
01950Newburyport$938,000$3,0964.0%1.2%-$4,091+6.2%
01966Rockport$885,000$2,9224.0%1.3%-$3,783n/a
01938Ipswich$852,000$2,7643.9%1.0%-$3,859n/a
01985West Newbury$949,000$3,070*3.9%1.0%-$4,340n/a
01969Rowley$803,000$2,560*3.8%0.8%-$3,805n/a
01940Lynnfield$1,094,000$3,2383.5%0.8%-$5,200n/a
01922Newbury$869,000$2,560*3.5%0.9%-$3,996n/a
01834Groveland$714,000$2,090*3.5%0.6%-$3,473n/a
01982Hamilton$886,000$2,560*3.5%0.4%-$4,510n/a
01949Middleton$890,000$2,560*3.5%0.5%-$4,391n/a
01810Andover$1,001,000$2,8483.4%0.6%-$4,928+4.0%
01945Marblehead$1,055,000$2,9863.4%0.8%-$4,942+5.4%
01929Essex$911,000$2,560*3.4%0.6%-$4,486n/a
01908Nahant$977,000$2,590*3.2%0.6%-$4,747n/a
01983Topsfield$981,000$2,560*3.1%0.3%-$5,039n/a
01921Boxford$1,066,000$2,560*2.9%0.2%-$5,594n/a
01984Wenham$1,070,000$2,560*2.9%0.1%-$5,644n/a
01944Manchester$1,404,000$2,660*2.3%-0.2%-$7,780n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.1%
Rent, 12 months
+2.1%
Rent minus price growth
+0.1 pts
Property tax
1.04%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$579,393$2,043
Aug 2022$633,196$2,271
Aug 2023$646,747$2,383
Aug 2024$692,995$2,502
Aug 2025$707,921$2,577
Aug 2026$722,540$2,632

HUD Fair Market Rent

FY2027, Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$2,440$2,518$3,008$3,584$3,953

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
3.4
1,063 units, last 12 months
National percentile
38th
among US counties

Tools

Test a listing in Essex County against today's rate.

Open the calculator

Part of the Boston, MA metro.

Questions

Is Essex County good for rental property?
The typical home here runs -$3,034 a month at 7.78% with 25% down. 0 of 25 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Essex County?
About 1.04% of value, from Census ACS median taxes paid over median home value. On a $723,000 home that is about $7,507 a year.
What is Fair Market Rent in Essex County?
HUD's FY2027 Fair Market Rent here is $2,518 for a 1-bedroom, $3,008 for a 2-bedroom and $3,584 for a 3-bedroom. Typical cash flow at today's rate is -$3,034 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.