Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 02118, Massachusetts?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 02118, Massachusetts (ZIP 02118) is $1,968/month (±$230), based on Census ACS 5-Year estimates (2024). The median home value is $1,058,200 (±$82,734), and the median household income is $98,224/year. The unemployment rate in Suffolk County, Massachusetts was 4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 02118
| Metric | Value |
|---|---|
| Median Gross Rent | $1,968 |
| Median Home Value | $1,058,200 |
| Median Household Income | $98,224 |
| Total Housing Units | 14,497 |
| Renter-Occupied Units | 9,784 |
| Renter-Occupied Share | 67% |
| Households Paying 50%+ Income | 2,398 households |
| Unemployment Rate(April 2026) | 4% |
How does ZIP 02118 compare?
Median gross rent ranked against all ZIP codes in Massachusetts.
Higher rent than 70% of ZIP codes in Massachusetts · 138th of 461
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 02142 | $3,501 |
| 1 | ZCTA5 02109 | $3,501 |
| 1 | ZCTA5 02199 | $3,501 |
| … 134 more … | ||
| 138 | ZCTA5 02118(you are here) | $1,968 |
| … 320 more … | ||
| 459 | ZCTA5 02559 | $687 |
| 460 | ZCTA5 01098 | $633 |
| 461 | ZCTA5 02367 | $555 |
Geography
ZIP 02118 is in Suffolk County, Massachusetts.
It covers part of Boston city, Massachusetts.
More data for ZCTA5 02118
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Frequently asked questions
What is the average rent in ZCTA5 02118, Massachusetts?
The median gross rent in ZCTA5 02118, Massachusetts (ZIP 02118) is $1,968/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 02118, Massachusetts?
The median rent for a 2-bedroom in ZCTA5 02118, Massachusetts is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 02118, Massachusetts?
The median home value in ZCTA5 02118, Massachusetts (ZIP 02118) is $1,058,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 02118 are rent-burdened?
In ZCTA5 02118, Massachusetts, 2,398 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 02118, Massachusetts?
The median household income in ZCTA5 02118, Massachusetts is $98,224/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,968 has a margin of error of ±$230. In very small areas, MOEs can be large relative to the estimate.
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