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Lynn city, MA

ZIP 01905 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01905

Median Home Value
$443,200
Median Rent
$1,481
Affordability Snapshot
$122,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,847/mo PITI).

21%
Rent-to-Income Ratio

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

5.3x
Home Price-to-Income Ratio

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

24.9 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 01905 in Lynn city, MA, a household would need roughly $122,000 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 $2,847. That is about 45% above the local median household income ($84,341), 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
51.0%-22% vs US avg
x
Vacancy Rate
5.5%-47% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
28.3%-43% vs US avg
x
Mortgage-Free
25.1%-34% vs US avg
x
$443,200
Home Value
$1,481
Rent
1947
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached37.4%
  • 1-unit attached5.1%
  • 2-9 units40.5%
  • 10+ units17.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$443,200
Median rent$1,481
Owner-occupied51.0%
Vacant5.5%
Price-to-income5.3x
Est. income to buy$122,000