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ZIP Code · MA

ZIP 01603

Pop. 20,868·Worcester County·148th most expensive ZIP in Massachusetts
Median rent (all units)
$2,094/mo
Year-over-Year
-1.3%
Month-over-Month
-3.7%
vs US Median
+$129
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 01603 · $2,094
More expensive than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,520
2 BR
$1,950
3 BR
$2,420
4 BR+
$2,680
Research median
$1,950/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: July 20, 2026

Annual cost
$25,128/yr
At $2,094/mo median
Location
StateMA
CountyWorcester County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.3% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 01603 (Worcester, MA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 24.1% of residents hold a bachelor's degree or higher.

Population
20,868
Median income
$66,049
Median age
35.1
Renters
50.5%
Age distribution
19%
30.9%
25%
12.2%
13%
Under 1819%
18–3430.9%
35–5425%
55–6412.2%
65+13%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
50.3%
25.3%
12.5%
White50.3%
Black10.7%
Hispanic25.3%
Asian12.5%
Other1.2%
Education (25+)
16.1%
29%
30.8%
24.1%
No HS diploma16.1%
HS diploma29%
Some college30.8%
Bachelor's+24.1%
Housing tenure
49.5%
50.5%
Owner49.5%
Renter50.5%

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

2021 vs 2026

How ZIP 01603 in Worcester, MA has changed in 5 years

Income
$53,166 → $66,049
up 24.2%
Population
20,184 → 20,868
up 3.4%
Renter share
51.5% → 50.5%
-1.0 pts
Bachelor's+
21.2% → 24.1%
+2.9 pts
Median age
35.7 → 35.1
-0.6 yrs

On the earnings side, the typical household in ZIP 01603 in Worcester, MA now reports about $66,049, up from $53,166 in 2021. The population has grown by 3.4% since 2021, moving from about 20,184 residents to roughly 20,868. College-educated residents now make up 24.1% of adults here, versus 21.2% in 2021.

Community

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Local insights

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About renting in ZIP 01603

Last updated: July 20, 2026

ZIP code 01603 covers Worcester, MA. The median rent here is $2,094/mo as of July 2026. A 1-bedroom rents for a median of $1,520/mo. A 2-bedroom rents for a median of $1,950/mo.

At 38% of local median household income ($66,049/yr), ZIP 01603 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01603?

As of July 20, 2026, the median monthly rent in ZIP 01603 (Worcester, MA) is $2,094. This is based on aggregated data from public sources and community submissions.

How does ZIP 01603 rent compare to the US average?

ZIP 01603's median rent of $2,094/mo is $129 (7%) above the US national median of $1,965/mo.

How does ZIP 01603 compare to other ZIPs in Massachusetts?

ZIP 01603 is among the more affordable ZIP codes in Massachusetts, ranking #148 out of 168 ZIPs at $2,094/mo.

How much income do you need to rent in ZIP 01603?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,094/mo in ZIP 01603. The local median household income is $66,049/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01603?

Rent in ZIP 01603 has decreased 1.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 01603 an affordable place to rent?

ZIP 01603 is considered moderate for renters. At $2,094/mo, rent takes approximately 38% of the local median household income ($66,049/yr). The standard benchmark is 30%. ZIP 01603 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 01603 residents rent vs. own?

According to Census data, approximately 50.5% of ZIP 01603 households are renters, while 49.5% are owner-occupied. With a majority renter population, ZIP 01603 has a strong rental market.

How does ZIP 01603 compare to the rest of Worcester?

ZIP 01603 is more affordable than Worcester overall. At $2,094/mo, it's $70 below the Worcester citywide median of $2,164/mo.

When was rent data for ZIP 01603 last updated?

Rent data for ZIP 01603 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $2,094/mo, rent takes ~38% of ZIP 01603's median household income ($66,049/yr). The standard benchmark is 30%.

ZIP 01603 38%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01603 (Worcester, MA)

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