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ZIP Code · MA

ZIP 01702

Pop. 39,789·Middlesex County·130th most expensive ZIP in Massachusetts
Median rent (all units)
$2,334/mo
Year-over-Year
-0.6%
Month-over-Month
+1.3%
vs US Median
+$369
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01702 · $2,334
More expensive than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,130
1 BR
$2,230
2 BR
$2,650
3 BR
$3,180
4 BR+
$3,510
Research median
$2,650/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
$28,008/yr
At $2,334/mo median
Location
StateMA
CountyMiddlesex County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.6% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 01702 (Framingham, MA) is majority renter-occupied, 36.8% of residents hold a bachelor's degree or higher.

Population
39,789
Median income
$82,496
Median age
34.8
Renters
65.5%
Age distribution
23.3%
27%
27.7%
Under 1823.3%
18–3427%
35–5427.7%
55–6410.5%
65+11.5%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
39.8%
25%
21.2%
White39.8%
Black7.1%
Hispanic25%
Asian6.9%
Other21.2%
Education (25+)
19.3%
26.2%
17.6%
36.8%
No HS diploma19.3%
HS diploma26.2%
Some college17.6%
Bachelor's+36.8%
Housing tenure
34.5%
65.5%
Owner34.5%
Renter65.5%

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

2021 vs 2026

How ZIP 01702 in Framingham, MA has changed in 5 years

Rent
$1,856 → $2,334
up 25.8%
Income
$71,602 → $82,496
up 15.2%
Population
38,842 → 39,789
up 2.4%
Renter share
65.2% → 65.5%
+0.3 pts
Bachelor's+
39.9% → 36.8%
-3.1 pts

Compared with 2021, rent in ZIP 01702 in Framingham, MA has climbed by $478 per month, settling near $2,334 after starting the period at $1,856. On the earnings side, the typical household in ZIP 01702 in Framingham, MA now reports about $82,496, up from $71,602 in 2021. Rent outpaced income growth by roughly 10.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 38,842 to 39,789 between 2021 and 2024, a 2.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 39.9% to 36.8%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 01702 in Framingham, MA reflects that arc in its own way.

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Local insights

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About renting in ZIP 01702

Last updated: July 20, 2026

ZIP code 01702 covers Framingham, MA. The median rent here is $2,334/mo as of July 2026. A 1-bedroom rents for a median of $2,230/mo. A 2-bedroom rents for a median of $2,650/mo.

At 34% of local median household income ($82,496/yr), ZIP 01702 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01702?

As of July 20, 2026, the median monthly rent in ZIP 01702 (Framingham, MA) is $2,334. This is based on aggregated data from public sources and community submissions.

How does ZIP 01702 rent compare to the US average?

ZIP 01702's median rent of $2,334/mo is $369 (19%) above the US national median of $1,965/mo.

How does ZIP 01702 compare to other ZIPs in Massachusetts?

ZIP 01702 is among the more affordable ZIP codes in Massachusetts, ranking #130 out of 168 ZIPs at $2,334/mo.

How much income do you need to rent in ZIP 01702?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,334/mo in ZIP 01702. The local median household income is $82,496/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01702?

Rent in ZIP 01702 has decreased 0.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 01702 an affordable place to rent?

ZIP 01702 is considered moderate for renters. At $2,334/mo, rent takes approximately 34% of the local median household income ($82,496/yr). The standard benchmark is 30%. ZIP 01702 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 01702 residents rent vs. own?

According to Census data, approximately 65.5% of ZIP 01702 households are renters, while 34.5% are owner-occupied. With a majority renter population, ZIP 01702 has a strong rental market.

How does ZIP 01702 compare to the rest of Framingham?

ZIP 01702 is more affordable than Framingham overall. At $2,334/mo, it's $26 below the Framingham citywide median of $2,360/mo.

When was rent data for ZIP 01702 last updated?

Rent data for ZIP 01702 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,334/mo, rent takes ~34% of ZIP 01702's median household income ($82,496/yr). The standard benchmark is 30%.

ZIP 01702 34%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01702 (Framingham, MA)

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