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Boston city, MA

ZIP 02115 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02115

Median Home Value
$1,015,400
Median Rent
$1,949
Affordability Snapshot
$280,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,523/mo PITI).

44%
Rent-to-Income Ratio

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

19.0x
Home Price-to-Income Ratio

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

43.4 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 02115 in Boston city, MA, a household would need roughly $280,000 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 $6,523. That is about 424% above the local median household income ($53,398), 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 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
14.7%-78% vs US avg
x
Vacancy Rate
14.3%+39% vs US avg
x
Broadband Access
87.2%+0% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
2.8%-79% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
34.4%-31% vs US avg
x
Mortgage-Free
52.8%+38% vs US avg
x
$1,015,400
Home Value
$1,949
Rent
1938
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 detached0.3%
  • 1-unit attached1.7%
  • 2-9 units34.7%
  • 10+ units63.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,015,400
Median rent$1,949
Owner-occupied14.7%
Vacant14.3%
Price-to-income19.0x
Est. income to buy$280,000