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Boston city, MA

ZIP 02120 — 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 02120

Median Home Value
$941,200
Median Rent
$1,338
Affordability Snapshot
$259,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,046/mo PITI).

26%
Rent-to-Income Ratio

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

15.3x
Home Price-to-Income Ratio

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

58.6 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 02120 in Boston city, MA, a household would need roughly $259,000 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 $6,046. That is about 321% above the local median household income ($61,472), 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
11.9%-82% vs US avg
x
Vacancy Rate
9.8%-5% vs US avg
x
Broadband Access
86.3%-1% vs US avg
x
4+ Bedrooms
4.9%-67% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
27.1%-45% vs US avg
x
Mortgage-Free
39.5%+3% vs US avg
x
$941,200
Home Value
$1,338
Rent
1974
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 detached2.7%
  • 1-unit attached13.4%
  • 2-9 units50.9%
  • 10+ units33.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$941,200
Median rent$1,338
Owner-occupied11.9%
Vacant9.8%
Price-to-income15.3x
Est. income to buy$259,000