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RE Intelligence

Rental numbers for Middlesex County, MA

The typical home here runs -$3,240 a month at 7.78% with 25% down. 0 of 56 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%.

Gross yield
4.6%
typical home, Zillow
Median ZIP yield
4.3%
56 ZIPs with full data
Cash flow
-$3,240/mo
at 7.78%, 25% down
Typical price
$814,000
Zillow ZHVI, Aug 2026
Typical rent
$3,132/mo
Zillow ZORI, Aug 2026

ZIP codes in Middlesex County

79 with published figures

01474Townsend$518,000$3,270*7.6%3.8%-$1,171n/a
01431Ashby$482,000$2,560*6.4%2.5%-$1,598n/a
01718Acton$493,000$2,620*6.4%2.5%-$1,627n/a
01863Chelmsford$555,000$2,8046.1%2.5%-$1,843n/a
01469Townsend$509,000$2,560*6.0%2.4%-$1,735n/a
01854Lowell$482,000$2,3235.8%2.5%-$1,605-0.4%
01850Lowell$452,000$2,1295.7%2.4%-$1,549n/a
01852Lowell$473,000$2,2235.6%2.3%-$1,647+1.0%
01851Lowell$522,000$2,4515.6%2.4%-$1,767+4.1%
01464Shirley$560,000$2,560*5.5%2.1%-$2,025n/a
01752Marlborough$578,000$2,6345.5%2.2%-$2,048-0.2%
02149Everett$629,000$2,8035.3%2.5%-$2,094+2.7%
01887Wilmington$785,000$3,480*5.3%2.2%-$2,797n/a
02155Medford$827,000$3,5895.2%2.4%-$2,793+3.8%
02148Malden$673,000$2,8965.2%2.3%-$2,315+1.8%
01721Ashland$665,000$2,8455.1%1.9%-$2,542n/a
01876Tewksbury$677,000$2,8845.1%1.8%-$2,650+2.9%
01463Pepperell$605,000$2,560*5.1%1.6%-$2,438n/a
01702Framingham$561,000$2,3125.0%1.8%-$2,195-3.4%
02145Somerville$822,000$3,3754.9%2.4%-$2,765+6.1%
02141Cambridge$899,000$3,6274.8%2.5%-$2,944+3.5%
01749Hudson$622,000$2,4954.8%1.4%-$2,621+7.7%
02451Waltham$805,000$3,2194.8%2.3%-$2,812+2.8%
01701Framingham$700,000$2,7754.8%1.7%-$2,790+1.9%
01826Dracut$577,000$2,2694.7%1.5%-$2,368n/a
01879Tyngsboro$654,000$2,550*4.7%1.4%-$2,784n/a
01821Billerica$702,000$2,7324.7%1.7%-$2,792+0.4%
01754Maynard$609,000$2,3554.6%1.1%-$2,742n/a
01824Chelmsford$716,000$2,7614.6%1.3%-$3,069n/a
01432Ayer$576,000$2,1834.5%1.4%-$2,415n/a
02180Stoneham$805,000$3,0484.5%1.7%-$3,208+3.2%
02472Watertown$820,000$3,0924.5%1.8%-$3,202+2.2%
01801Woburn$759,000$2,8214.5%1.8%-$2,975+0.3%
01803Burlington$877,000$3,2584.5%1.8%-$3,433+1.7%
01886Westford$839,000$3,0624.4%1.2%-$3,664+2.0%
02144Somerville$1,032,000$3,7484.4%1.8%-$4,009+5.3%
01460Littleton$785,000$2,7584.2%0.9%-$3,629n/a
02139Cambridge$1,004,000$3,5174.2%2.0%-$3,754+3.8%
02453Waltham$808,000$2,8344.2%1.7%-$3,234+3.0%
02143Somerville$936,000$3,2044.1%1.6%-$3,764+1.4%
01862Billerica$722,000$2,470*4.1%1.1%-$3,216n/a
01760Natick$886,000$3,0154.1%1.2%-$3,894+4.1%
02176Melrose$916,000$3,0554.0%1.3%-$3,942+3.7%
01719Boxboro$770,000$2,560*4.0%0.7%-$3,677n/a
01880Wakefield$819,000$2,7174.0%1.1%-$3,671+2.6%
02464Newton$951,000$3,0883.9%1.3%-$4,101n/a
01450Groton$789,000$2,560*3.9%0.7%-$3,771n/a
01778Wayland$1,154,000$3,7093.9%1.1%-$5,134n/a
02452Waltham$859,000$2,7653.9%1.5%-$3,578+1.1%
02140Cambridge$1,088,000$3,4653.8%1.7%-$4,298+4.2%
01775Stow$816,000$2,560*3.8%0.6%-$3,988n/a
01730Bedford$1,031,000$3,0943.6%0.8%-$4,880-3.0%
02142Cambridge$1,313,000$3,9333.6%1.8%-$5,118+3.1%
01748Hopkinton$965,000$2,8713.6%0.6%-$4,714+2.7%
01827Dunstable$806,000$2,380*3.5%0.4%-$4,044n/a
01746Holliston$745,000$2,1833.5%0.3%-$3,839n/a
02461Newton$1,492,000$4,350*3.5%1.1%-$6,686n/a
01867Reading$918,000$2,620*3.4%0.6%-$4,515n/a
02138Cambridge$1,150,000$3,2753.4%1.3%-$4,977+1.1%
01720Acton$884,000$2,4723.4%0.4%-$4,459n/a
02474Arlington$1,059,000$2,9043.3%0.6%-$5,165+0.4%
01776Sudbury$1,148,000$3,130*3.3%0.6%-$5,589n/a
02420Lexington$1,525,000$4,1333.3%0.8%-$7,145n/a
02476Arlington$1,091,000$2,9313.2%0.5%-$5,393+7.3%
02466Newton$1,388,000$3,6363.1%0.7%-$6,657n/a
02460Newton$1,367,000$3,3793.0%0.6%-$6,694n/a
02458Newton$1,257,000$3,1033.0%0.5%-$6,242+12.0%
02462Newton$1,330,000$3,270*2.9%0.6%-$6,547n/a
01890Winchester$1,552,000$3,7362.9%0.5%-$7,669-0.3%
01770Sherborn$1,226,000$2,920*2.9%0.3%-$6,286n/a
02421Lexington$1,620,000$3,8062.8%0.5%-$8,087n/a
01742Concord$1,436,000$3,3342.8%0.4%-$7,215n/a
02465Newton$1,388,000$3,170*2.7%0.4%-$7,079n/a
02478Belmont$1,448,000$3,1352.6%0.2%-$7,523+2.3%
02459Newton$1,826,000$3,7422.5%0.3%-$9,351n/a
01741Carlisle$1,318,000$2,560*2.3%-0.1%-$7,172n/a
01773Lincoln$1,515,000$2,920*2.3%0.0%-$8,139n/a
02468Newton$2,143,000$3,670*2.1%0.1%-$11,307n/a
02493Weston$2,258,000$3,030*1.6%-0.3%-$12,724n/a

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

Trends

Five years to August 2026

Price, 12 months
+1.6%
Rent, 12 months
+2.5%
Rent minus price growth
+0.9 pts
Property tax
1.03%
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$666,889$2,491
Aug 2022$728,085$2,754
Aug 2023$743,825$2,889
Aug 2024$794,168$2,988
Aug 2025$801,308$3,057
Aug 2026$814,047$3,132

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
4.5
2,876 units, last 12 months
National percentile
46th
among US counties

Tools

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

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Part of the Boston, MA metro.

Questions

Is Middlesex County good for rental property?
The typical home here runs -$3,240 a month at 7.78% with 25% down. 0 of 56 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%. 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 Middlesex County?
About 1.03% of value, from Census ACS median taxes paid over median home value. On a $814,000 home that is about $8,393 a year.
What is Fair Market Rent in Middlesex 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 -$3,240 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.