Boston-Cambridge-Newton, MA-NH · Massachusetts

Suffolk County

ZIP 02115

782,172 residents2,019 permits TTM$92,859 median HHI35 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$680,700

ACS 5-Year

Cap rate proxy

3.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

26.7%

HUD FMR ÷ ACS HHI

Net migration

+3.88%

IRS SOI

Permits (TTM)

2,019

Census BPS

Climate risk

93.5

FEMA NRI (0–100)

ZIP 02115

Median home value

Gross yield

Cap rate

5.4%

Rent gap

Affordability

P/I: 9.3R/I: 50.5%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown35 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
021505.9%
021216.2%
021266.4%
021355.6%
021145.9%

Ranked by composite score

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Demographics

Owner-occupied

36.6%

Census ACS

Vacancy rate

9.0%

Census ACS

Bachelor's degree +

49.9%

Census ACS

Rent burdened

48.6%

Census ACS (>30% income)

Median age

33.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026