ZIP Code · MA

ZIP 01002

Part of Amherst, MA
Pop. 26,370·Hampshire County·109th most expensive ZIP in Massachusetts
Median rent (all units)
$2,565/mo
Year-over-Year
-4.8%
Month-over-Month
-8.7%
vs US Median
+$635
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 01002 · $2,565
More expensive than 82% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,950
2 BR
$2,480
3 BR
$3,100
4 BR+
$3,340
Research median
$2,480/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$30,780/yr
At $2,565/mo median
Location
StateMA
CountyHampshire County
Demographics

Who lives here

ZIP 01002 (Amherst, MA) is roughly split between renters and owners, skews toward younger working-age adults, 75.4% of residents hold a bachelor's degree or higher.

Population
26,370
Median income
$70,818
Median age
27
Renters
53.1%
Age distribution
45.8%
16.9%
16.5%
Under 1811.6%
18–3445.8%
35–5416.9%
55–649.2%
65+16.5%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
70.2%
White70.2%
Black5%
Hispanic10.2%
Asian9.9%
Other4.7%
Education (25+)
13.6%
75.4%
No HS diploma3%
HS diploma8%
Some college13.6%
Bachelor's+75.4%
Housing tenure
46.9%
53.1%
Owner46.9%
Renter53.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 01002 in Amherst, MA has changed in 5 years

Income
$65,013 → $70,818
up 8.9%
Population
27,323 → 26,370
down 3.5%
Renter share
52.3% → 53.1%
+0.8 pts
Bachelor's+
71.4% → 75.4%
+4.0 pts
Median age
25.3 → 27
+1.7 yrs

Census figures show median household income at $70,818 today, compared with $65,013 five years earlier. Headcount in the area went from 27,323 to 26,370 between 2021 and 2024, a 3.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 71.4% to 75.4%.

Community

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Local insights

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About renting in ZIP 01002

Last updated: May 18, 2026

ZIP code 01002 covers Amherst, MA. The median rent here is $2,565/mo as of May 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,480/mo.

At 43% of local median household income ($70,818/yr), ZIP 01002 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01002?

As of May 18, 2026, the median monthly rent in ZIP 01002 (Amherst, MA) is $2,565. This is based on aggregated data from public sources and community submissions.

How does ZIP 01002 rent compare to the US average?

ZIP 01002's median rent of $2,565/mo is $635 (33%) above the US national median of $1,930/mo.

How does ZIP 01002 compare to other ZIPs in Massachusetts?

ZIP 01002 falls in the middle range for Massachusetts, ranking #109 out of 165 ZIPs at $2,565/mo.

How much income do you need to rent in ZIP 01002?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,565/mo in ZIP 01002. The local median household income is $70,818/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01002?

Rent in ZIP 01002 has decreased 4.8% over the past year as of May 18, 2026, offering some relief compared to 12 months ago.

Is ZIP 01002 an affordable place to rent?

ZIP 01002 is considered stretched for renters. At $2,565/mo, rent takes approximately 43% of the local median household income ($70,818/yr). The standard benchmark is 30%. ZIP 01002 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 01002 residents rent vs. own?

According to Census data, approximately 53.1% of ZIP 01002 households are renters, while 46.9% are owner-occupied. With a majority renter population, ZIP 01002 has a strong rental market.

How does ZIP 01002 compare to the rest of Amherst?

ZIP 01002 is more affordable than Amherst overall. At $2,565/mo, it's $5 below the Amherst citywide median of $2,570/mo.

When was rent data for ZIP 01002 last updated?

Rent data for ZIP 01002 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
43%
STRETCHED

At $2,565/mo, rent takes ~43% of ZIP 01002's median household income ($70,818/yr). The standard benchmark is 30%.

ZIP 01002 43%Benchmark 30%
State income tax5%
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