ZIP Code · MA

ZIP 01527

Part of Millbury, MA

Pop. 13,961·Worcester County·115th most expensive ZIP in Massachusetts

Median rent (all units)

$2,459/mo

Year-over-Year

Stable

Month-over-Month

+0.5%

vs US Median

+$527

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 01527 · $2,459

More expensive than 79% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,610

1 BR

$1,620

2 BR

$2,080

3 BR

$2,580

4 BR+

$2,860

Research median

$2,080/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($118,790) is $2,970 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,860).

Cheaper nearby

ZIP 01610, 4 miles away, rents for 13% less ($2,128/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01527. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,508/yr

At $2,459/mo median

Location

CityMillbury

StateMA

CountyWorcester County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 01527 (Millbury, MA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 36.1% of residents hold a bachelor's degree or higher.

Population

13,961

Median income

$118,790

Median age

42.6

Renters

24.6%

Age distribution

20.9%

19.2%

23.3%

16.3%

20.2%

Under 1820.9%

18–3419.2%

35–5423.3%

55–6416.3%

65+20.2%

Gender

51.8%

48.2%

Male51.8%

Female48.2%

Race & ethnicity

85.5%

White85.5%

Black0.9%

Hispanic4.9%

Asian3.6%

Other5.2%

Education (25+)

30.1%

29.5%

36.1%

No HS diploma4.2%

HS diploma30.1%

Some college29.5%

Bachelor's+36.1%

Housing tenure

75.4%

24.6%

Owner75.4%

Renter24.6%

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

2021 vs 2026

How ZIP 01527 in Millbury, MA has changed in 5 years

Income

$96,672 → $118,790

up 22.9%

Population

13,827 → 13,961

up 1.0%

Renter share

26.7% → 24.6%

-2.1 pts

Bachelor's+

31.9% → 36.1%

+4.2 pts

Median age

43.9 → 42.6

-1.3 yrs

Local incomes tracked alongside that move, going from a median of $96,672 in 2021 to $118,790 more recently. The population has grown by 1.0% since 2021, moving from about 13,827 residents to roughly 13,961. Renters now make up 24.6% of households, compared with 26.7% five years ago. College-educated residents now make up 36.1% of adults here, versus 31.9% in 2021.

Community

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Local insights

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About renting in ZIP 01527

Last updated: October 17, 2026

ZIP code 01527 covers Millbury, MA. The median rent here is $2,459/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $2,080/mo.

At 25% of local median household income ($118,790/yr), ZIP 01527 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01527?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,459/mo in ZIP 01527. The local median household income is $118,790/yr, so the typical household meets that bar.