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Cambridge city, MA

ZIP 02140 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02140

Median Home Value
$1,070,200
Median Rent
$2,474
Affordability Snapshot
$295,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,875/mo PITI).

22%
Rent-to-Income Ratio

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

7.8x
Home Price-to-Income Ratio

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

36.0 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 02140 in Cambridge city, MA, a household would need roughly $295,000 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 $6,875. That is about 116% above the local median household income ($136,382), 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
35.9%-45% vs US avg
x
Vacancy Rate
9.8%-5% vs US avg
x
Broadband Access
95.1%+9% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
2.4%-81% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
11.3%-77% vs US avg
x
Mortgage-Free
41.0%+7% vs US avg
x
$1,070,200
Home Value
$2,474
Rent
1950
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 detached11.6%
  • 1-unit attached6.3%
  • 2-9 units36.2%
  • 10+ units45.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,070,200
Median rent$2,474
Owner-occupied35.9%
Vacant9.8%
Price-to-income7.8x
Est. income to buy$295,000