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ZIP Code · MA

ZIP 01844

Part of Methuen, MA
Pop. 53,420·Essex County·114th most expensive ZIP in Massachusetts
Median rent (all units)
$2,507/mo
Year-over-Year
+3.5%
Month-over-Month
+0.7%
vs US Median
+$542
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01844 · $2,507
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,760
2 BR
$2,310
3 BR
$2,770
4 BR+
$3,060
Research median
$2,310/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
$30,084/yr
At $2,507/mo median
Location
StateMA
CountyEssex County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 01844 (Methuen, MA) is majority owner-occupied, has a median income above the national average, 31% of residents hold a bachelor's degree or higher.

Population
53,420
Median income
$113,212
Median age
39.9
Renters
27.7%
Age distribution
21.3%
22.7%
26.4%
12.3%
17.2%
Under 1821.3%
18–3422.7%
35–5426.4%
55–6412.3%
65+17.2%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
56.9%
33.2%
White56.9%
Black4.9%
Hispanic33.2%
Asian4.9%
Education (25+)
29.7%
27.9%
31%
No HS diploma11.4%
HS diploma29.7%
Some college27.9%
Bachelor's+31%
Housing tenure
72.3%
27.7%
Owner72.3%
Renter27.7%

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

2021 vs 2026

How ZIP 01844 in Methuen, MA has changed in 5 years

Income
$87,181 → $113,212
up 29.9%
Population
52,502 → 53,420
up 1.7%
Renter share
26.8% → 27.7%
+0.9 pts
Bachelor's+
30% → 31%
+1.0 pts
Median age
40.4 → 39.9
-0.5 yrs

On the earnings side, the typical household in ZIP 01844 in Methuen, MA now reports about $113,212, up from $87,181 in 2021. Census counts show ZIP 01844 in Methuen, MA adding about 918 residents over the five-year window, up 1.7% on net.

Community

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Local insights

Tips for renters in ZIP 01844

About renting in ZIP 01844

Last updated: July 20, 2026

ZIP code 01844 covers Methuen, MA. The median rent here is $2,507/mo as of July 2026. A 1-bedroom rents for a median of $1,760/mo. A 2-bedroom rents for a median of $2,310/mo.

At 27% of local median household income ($113,212/yr), ZIP 01844 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01844?

As of July 20, 2026, the median monthly rent in ZIP 01844 (Methuen, MA) is $2,507. This is based on aggregated data from public sources and community submissions.

How does ZIP 01844 rent compare to the US average?

ZIP 01844's median rent of $2,507/mo is $542 (28%) above the US national median of $1,965/mo.

How does ZIP 01844 compare to other ZIPs in Massachusetts?

ZIP 01844 is among the more affordable ZIP codes in Massachusetts, ranking #114 out of 168 ZIPs at $2,507/mo.

How much income do you need to rent in ZIP 01844?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,507/mo in ZIP 01844. The local median household income is $113,212/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 01844?

Rent in ZIP 01844 has increased 3.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 01844 an affordable place to rent?

ZIP 01844 is considered affordable for renters. At $2,507/mo, rent takes approximately 27% of the local median household income ($113,212/yr). The standard benchmark is 30%. ZIP 01844 falls comfortably within that range.

What percentage of ZIP 01844 residents rent vs. own?

According to Census data, approximately 27.7% of ZIP 01844 households are renters, while 72.3% are owner-occupied. ZIP 01844 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 01844 compare to the rest of Methuen?

ZIP 01844 sits right at the Methuen citywide median of $2,507/mo.

When was rent data for ZIP 01844 last updated?

Rent data for ZIP 01844 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,507/mo, rent takes ~27% of ZIP 01844's median household income ($113,212/yr). The standard benchmark is 30%.

ZIP 01844 27%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01844 (Methuen, MA)

Recent submissions

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