ZIP Code · MA

ZIP 01945

Part of Marblehead, MA

Pop. 20,470·Essex County·51st most expensive ZIP in Massachusetts

Median rent (all units)

$2,967/mo

Year-over-Year

+2.0%

Month-over-Month

-1.3%

vs US Median

+$1,035

Reported rents

Falling (Monthly)

Be the first to discuss 01945 rents ↓

Most AffordableMost Expensive

ZIP 01945 · $2,967

More expensive than 90% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,050

1 BR

$2,160

2 BR

$2,560

3 BR

$3,080

4 BR+

$3,390

Research median

$2,560/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Massachusetts

Rent in ZIP 01945 changed +2.0% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($179,583) is $4,490 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,390).

Cheaper nearby

ZIP 01902, 5 miles away, rents for 22% less ($2,302/mo), about $8,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01945. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$35,604/yr

At $2,967/mo median

Location

CityMarblehead

StateMA

CountyEssex County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+2.0% YoY, -1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 01945 (Marblehead, MA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 78.1% of residents hold a bachelor's degree or higher.

Population

20,470

Median income

$179,583

Median age

49.2

Renters

14.7%

Age distribution

22.2%

12.2%

26%

16.7%

22.9%

Under 1822.2%

18–3412.2%

35–5426%

55–6416.7%

65+22.9%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

93.3%

White93.3%

Black0.6%

Hispanic2%

Asian1.4%

Other2.7%

Education (25+)

13.8%

78.1%

No HS diploma0.8%

HS diploma7.4%

Some college13.8%

Bachelor's+78.1%

Housing tenure

85.3%

14.7%

Owner85.3%

Renter14.7%

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

2021 vs 2026

How ZIP 01945 in Marblehead, MA has changed in 5 years

Income

$154,049 → $179,583

up 16.6%

Population

20,397 → 20,470

up 0.4%

Renter share

18.9% → 14.7%

-4.2 pts

Bachelor's+

77.2% → 78.1%

+0.9 pts

Median age

48.1 → 49.2

+1.1 yrs

Household income in the area moved from $154,049 to $179,583 across the same window, up 16.6% versus 2021. The renter share has eased from 18.9% to 14.7%, with owner-occupied housing accounting for the remainder.

Community

Discussions about ZIP 01945

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 01945

About renting in ZIP 01945

Last updated: October 17, 2026

ZIP code 01945 covers Marblehead, MA. The median rent here is $2,967/mo as of October 2026. A 1-bedroom rents for a median of $2,160/mo. A 2-bedroom rents for a median of $2,560/mo.

At 20% of local median household income ($179,583/yr), ZIP 01945 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01945?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (about $57/hour full-time) to afford the median rent of $2,967/mo in ZIP 01945. The local median household income is $179,583/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 01945?

Rent in ZIP 01945 has risen 2.0% over the past year.

How does ZIP 01945 compare to other ZIPs in Massachusetts?

ZIP 01945 is one of the pricier among Massachusetts ZIP codes for rent, ranking #51 of 164 at $2,967/mo. Over the year to September 2026, rent in ZIP 01945 changed +2.0%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.