ZIP Code · MA

ZIP 01742

Part of Concord, MA

Pop. 18,448·Middlesex County·41st most expensive ZIP in Massachusetts

Median rent (all units)

$3,122/mo

Year-over-Year

Stable

Month-over-Month

+2.2%

vs US Median

+$1,190

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 01742 · $3,122

More expensive than 92% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,810

1 BR

$2,950

2 BR

$3,500

3 BR

$4,200

4 BR+

$4,630

Research median

$3,500/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 ($195,125) is $4,878 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,630).

Cheaper nearby

ZIP 01720, 4 miles away, rents for 23% less ($2,408/mo), about $8,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01742. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$37,464/yr

At $3,122/mo median

Location

CityConcord

StateMA

CountyMiddlesex County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +2.2% MoM), not inventory.

Demographics

Who lives here

ZIP 01742 (Concord, MA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.5% of residents hold a bachelor's degree or higher.

Population

18,448

Median income

$195,125

Median age

47.4

Renters

24%

Age distribution

23.9%

25.4%

15.2%

23.7%

Under 1823.9%

18–3411.9%

35–5425.4%

55–6415.2%

65+23.7%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

82.6%

White82.6%

Black2.1%

Hispanic3.6%

Asian5.4%

Other6.3%

Education (25+)

79.5%

No HS diploma3.1%

HS diploma8.7%

Some college8.7%

Bachelor's+79.5%

Housing tenure

76%

24%

Owner76%

Renter24%

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

2021 vs 2026

How ZIP 01742 in Concord, MA has changed in 5 years

Income

$168,934 → $195,125

up 15.5%

Population

18,393 → 18,448

up 0.3%

Renter share

25.4% → 24%

-1.4 pts

Bachelor's+

73.4% → 79.5%

+6.1 pts

Median age

46 → 47.4

+1.4 yrs

Household income in the area moved from $168,934 to $195,125 across the same window, up 15.5% versus 2021. Bachelor's-degree-or-higher attainment moved from 73.4% to 79.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 01742

About renting in ZIP 01742

Last updated: October 17, 2026

ZIP code 01742 covers Concord, MA. The median rent here is $3,122/mo as of October 2026. A 1-bedroom rents for a median of $2,950/mo. A 2-bedroom rents for a median of $3,500/mo.

At 19% of local median household income ($195,125/yr), ZIP 01742 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 01742?

To keep rent at or below 30% of gross income, you would need to earn at least $125,000/year (about $60/hour full-time) to afford the median rent of $3,122/mo in ZIP 01742. The local median household income is $195,125/yr, so the typical household meets that bar.