ZIP Code · MA

ZIP 01701

Pop. 32,618·Middlesex County·73rd most expensive ZIP in Massachusetts
Median rent (all units)
$2,823/mo
Year-over-Year
+2.2%
Month-over-Month
+0.6%
vs US Median
+$891
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01701 · $2,823
More expensive than 87% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,210
1 BR
$2,320
2 BR
$2,750
3 BR
$3,300
4 BR+
$3,640
Research median
$2,750/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

Past year vs. the rest of Massachusetts

Rent in ZIP 01701 changed +2.2% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($137,094) is $3,427 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,300); a 4-bedroom is $3,640.

Cheaper nearby

ZIP 01702, 3 miles away, rents for 21% less ($2,221/mo), about $7,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01701. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$33,876/yr
At $2,823/mo median
Location
StateMA
CountyMiddlesex County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 01701 (Framingham, MA) is majority owner-occupied, has a median income above the national average, 61.9% of residents hold a bachelor's degree or higher.

Population
32,618
Median income
$137,094
Median age
42.7
Renters
22.1%
Age distribution
19.7%
19.1%
25.7%
16%
19.5%
Under 1819.7%
18–3419.1%
35–5425.7%
55–6416%
65+19.5%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
67.9%
White67.9%
Black4.1%
Hispanic11.1%
Asian8.8%
Other8.1%
Education (25+)
14.5%
17.8%
61.9%
No HS diploma5.8%
HS diploma14.5%
Some college17.8%
Bachelor's+61.9%
Housing tenure
77.9%
22.1%
Owner77.9%
Renter22.1%

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

2021 vs 2026

How ZIP 01701 in Framingham, MA has changed in 5 years

Income
$120,811 → $137,094
up 13.5%
Population
33,319 → 32,618
down 2.1%
Renter share
21.8% → 22.1%
+0.3 pts
Bachelor's+
62.2% → 61.9%
-0.3 pts
Median age
43.8 → 42.7
-1.1 yrs

Local incomes tracked alongside that move, going from a median of $120,811 in 2021 to $137,094 more recently. Headcount in the area went from 33,319 to 32,618 between 2021 and 2024, a 2.1% change.

Community

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Local insights

Tips for renters in ZIP 01701

About renting in ZIP 01701

Last updated: October 17, 2026

ZIP code 01701 covers Framingham, MA. The median rent here is $2,823/mo as of October 2026. A 1-bedroom rents for a median of $2,320/mo. A 2-bedroom rents for a median of $2,750/mo.

At 25% of local median household income ($137,094/yr), ZIP 01701 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01701?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,823/mo in ZIP 01701. The local median household income is $137,094/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 01701?

Rent in ZIP 01701 has risen 2.2% over the past year.

How does ZIP 01701 compare to other ZIPs in Massachusetts?

ZIP 01701 is in the middle among Massachusetts ZIP codes for rent, ranking #73 of 164 at $2,823/mo. Over the year to September 2026, rent in ZIP 01701 changed +2.2%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 01701 compare to the rest of Framingham?

At $2,823/mo, ZIP 01701 is $525 above the Framingham citywide median of $2,298/mo.
Income Affordability
25%
AFFORDABLE

At $2,823/mo, rent takes ~25% of ZIP 01701's median household income ($137,094/yr). The standard benchmark is 30%.

ZIP 01701 25%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01701 (Framingham, MA)

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