ZIP Code · MA

ZIP 01748

Part of Hopkinton, MA

Pop. 19,358·Middlesex County·68th most expensive ZIP in Massachusetts

Median rent (all units)

$2,842/mo

Year-over-Year

+3.0%

Month-over-Month

+0.1%

vs US Median

+$910

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 01748 · $2,842

More expensive than 88% 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

$2,580

1 BR

$2,710

2 BR

$3,220

3 BR

$3,860

4 BR+

$4,260

Research median

$3,220/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 01748 changed +3.0% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($222,801) is $5,570 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,260).

Cheaper nearby

ZIP 01757, 5 miles away, rents for 20% less ($2,281/mo), about $6,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01748. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$34,104/yr

At $2,842/mo median

Location

CityHopkinton

StateMA

CountyMiddlesex County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.0% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 01748 (Hopkinton, MA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 77.5% of residents hold a bachelor's degree or higher.

Population

19,358

Median income

$222,801

Median age

40.8

Renters

13.3%

Age distribution

29.5%

33.8%

12.6%

12.5%

Under 1829.5%

18–3411.5%

35–5433.8%

55–6412.6%

65+12.5%

Gender

50.9%

49.1%

Male50.9%

Female49.1%

Race & ethnicity

69.8%

20.7%

White69.8%

Hispanic3.9%

Asian20.7%

Other5.3%

Education (25+)

12.7%

77.5%

No HS diploma1.8%

HS diploma7.9%

Some college12.7%

Bachelor's+77.5%

Housing tenure

86.7%

13.3%

Owner86.7%

Renter13.3%

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

2021 vs 2026

How ZIP 01748 in Hopkinton, MA has changed in 5 years

Income

$179,192 → $222,801

up 24.3%

Population

18,501 → 19,358

up 4.6%

Renter share

12.7% → 13.3%

+0.6 pts

Bachelor's+

74.3% → 77.5%

+3.2 pts

Census figures show median household income at $222,801 today, compared with $179,192 five years earlier. Headcount in the area went from 18,501 to 19,358 between 2021 and 2024, a 4.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 74.3% to 77.5%.

Community

Discussions about ZIP 01748

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Local insights

Tips for renters in ZIP 01748

About renting in ZIP 01748

Last updated: October 17, 2026

ZIP code 01748 covers Hopkinton, MA. The median rent here is $2,842/mo as of October 2026. A 1-bedroom rents for a median of $2,710/mo. A 2-bedroom rents for a median of $3,220/mo.

At 15% of local median household income ($222,801/yr), ZIP 01748 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01748?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (about $55/hour full-time) to afford the median rent of $2,842/mo in ZIP 01748. The local median household income is $222,801/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 01748?

Rent in ZIP 01748 has risen 3.0% over the past year.

How does ZIP 01748 compare to other ZIPs in Massachusetts?

ZIP 01748 is in the middle among Massachusetts ZIP codes for rent, ranking #68 of 164 at $2,842/mo. Over the year to September 2026, rent in ZIP 01748 changed +3.0%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.