Boston-Cambridge-Newton, MA-NH · Massachusetts

Suffolk County

ZIP 02118

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 02118

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 10.3R/I: 52.9%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown35 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
021190.9
021500.9
021260.9
021210.9
021250.9
021510.8
022150.8
021280.8
021350.8
021220.8
021140.8
021130.8
021240.8
021360.7
021200.7
021520.7
021310.7
021300.5
021150.5
021270.5
021340.5
021320.4
021180.3
021090.3
021110.2
021290.2
021160.0
021100.0
022100.0
021080.0
021990.0
02133
02163
02203
02205

Sort by any column. Click a ZIP for detail.

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