ZIP Code · MA

ZIP 02111

Part of Boston, MA
Pop. 8,407·Suffolk County·4th most expensive ZIP in Massachusetts
Median rent (all units)
$3,921/mo
Year-over-Year
+8.2%
Month-over-Month
+1.7%
vs US Median
+$1,989
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02111 · $3,921
More expensive than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,970
1 BR
$3,120
2 BR
$3,700
3 BR
$4,440
4 BR+
$4,900
Research median
$3,700/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

Cheapest month to sign

January. Asking rents in ZIP 02111 usually run 2.3% below trend in January and 2.2% above it in July, about $176 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 02111 is at its highest level since Zillow's records here began in January 2019.

Past year vs. the rest of Massachusetts

Rent in ZIP 02111 changed +8.2% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 02111 rose 15.8% while median household income rose 63.1% ($53,596 to $87,404). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02111 is 25.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 9 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($87,404) is $2,185 a month. That is less than HUD's Fair Market Rent for a studio ($2,970).

Rank in Boston

24th cheapest of 25 ZIP codes in Boston.

Cheaper nearby

ZIP 02116, 1 mile away, rents for 13% less ($3,412/mo), about $6,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02111. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$47,052/yr
At $3,921/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.2% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 02111 (Boston, MA) is majority renter-occupied, skews toward younger working-age adults, 57.5% of residents hold a bachelor's degree or higher.

Population
8,407
Median income
$87,404
Median age
33.9
Renters
73.8%
Age distribution
12.2%
38.8%
19.2%
18%
Under 1812.2%
18–3438.8%
35–5419.2%
55–6411.7%
65+18%
Gender
45.5%
54.5%
Male45.5%
Female54.5%
Race & ethnicity
37.4%
48.2%
White37.4%
Black2.9%
Hispanic10%
Asian48.2%
Other1.5%
Education (25+)
17.7%
16.1%
57.5%
No HS diploma17.7%
HS diploma16.1%
Some college8.7%
Bachelor's+57.5%
Housing tenure
26.2%
73.8%
Owner26.2%
Renter73.8%

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

2021 vs 2026

How ZIP 02111 in Boston, MA has changed in 5 years

Rent
$2,797 → $3,921
up 40.2%
Income
$65,587 → $87,404
up 33.3%
Population
7,841 → 8,407
up 7.2%
Renter share
72.3% → 73.8%
+1.5 pts
Bachelor's+
58% → 57.5%
-0.5 pts
Median age
31.2 → 33.9
+2.7 yrs

Compared with 2021, rent in ZIP 02111 in Boston, MA has increased by $1,124 per month, settling near $3,921 after starting the period at $2,797. Household income in the area moved from $65,587 to $87,404 across the same window, up 33.3% versus 2021. Rent outpaced income growth by roughly 6.9 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 7,841 to 8,407 between 2021 and 2024, a 7.2% change. About 73.8% of households rent today, against 72.3% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 02111 in Boston, MA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 02111

Last updated: October 17, 2026

ZIP code 02111 covers Boston, MA. The median rent here is $3,921/mo as of October 2026. A 1-bedroom rents for a median of $3,120/mo. A 2-bedroom rents for a median of $3,700/mo.

At 54% of local median household income ($87,404/yr), ZIP 02111 ranks as expensive compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02111?

To keep rent at or below 30% of gross income, you would need to earn at least $157,000/year (about $75/hour full-time) to afford the median rent of $3,921/mo in ZIP 02111. The local median household income is $87,404/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02111?

Rent in ZIP 02111 has risen 8.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2019.

When is the cheapest time to rent in ZIP 02111?

Asking rents in ZIP 02111 are usually lowest in January, about 2.3% below their yearly trend, and highest in July, about 2.2% above it. At today's median that is a gap of roughly $176 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 02111?

No. From 2019 to 2024, rent in ZIP 02111 rose 15.8% while median household income rose 63.1%, from $53,596 to $87,404. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02111 compare to other ZIPs in Massachusetts?

ZIP 02111 is one of the pricier among Massachusetts ZIP codes for rent, ranking #4 of 164 at $3,921/mo. Over the year to September 2026, rent in ZIP 02111 changed +8.2%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02111 compare to the rest of Boston?

At $3,921/mo, ZIP 02111 is $650 above the Boston citywide median of $3,271/mo. It is the 24th cheapest of 25 ZIP codes in Boston.
Income Affordability
54%
EXPENSIVE

At $3,921/mo, rent takes ~54% of ZIP 02111's median household income ($87,404/yr). The standard benchmark is 30%.

ZIP 02111 54%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02111 (Boston, MA)

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