ZIP Code · MA

ZIP 02114

Part of Boston, MA
Pop. 14,418·Suffolk County·12th most expensive ZIP in Massachusetts
Median rent (all units)
$3,670/mo
Year-over-Year
+2.9%
Month-over-Month
+0.2%
vs US Median
+$1,738
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02114 · $3,670
More expensive than 96% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,540
1 BR
$3,710
2 BR
$4,410
3 BR
$5,290
4 BR+
$5,840
Research median
$4,410/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

December. Asking rents in ZIP 02114 usually run 1.9% below trend in December and 1.8% above it in June, about $136 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 02114 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Massachusetts

Rent in ZIP 02114 changed +2.9% 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 02114 rose 17.7% while median household income rose 36.9% ($96,563 to $132,210). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02114 is 21.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

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

What a typical income covers

30% of the median household income ($132,210) is $3,305 a month. That is less than HUD's Fair Market Rent for a studio ($3,540).

Rank in Boston

18th cheapest of 25 ZIP codes in Boston.

Cheaper nearby

ZIP 02113, 1 mile away, rents for 22% less ($2,868/mo), about $9,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02114. 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
$44,040/yr
At $3,670/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 02114 (Boston, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 85.3% of residents hold a bachelor's degree or higher.

Population
14,418
Median income
$132,210
Median age
33.3
Renters
77.9%
Age distribution
44.9%
24.9%
13.1%
Under 188%
18–3444.9%
35–5424.9%
55–649.1%
65+13.1%
Gender
52.8%
47.2%
Male52.8%
Female47.2%
Race & ethnicity
71.3%
White71.3%
Black3%
Hispanic9.5%
Asian11.6%
Other4.5%
Education (25+)
85.3%
No HS diploma2.4%
HS diploma5.3%
Some college7.1%
Bachelor's+85.3%
Housing tenure
22.1%
77.9%
Owner22.1%
Renter77.9%

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

2021 vs 2026

How ZIP 02114 in Boston, MA has changed in 5 years

Rent
$2,733 → $3,670
up 34.3%
Income
$118,125 → $132,210
up 11.9%
Population
13,401 → 14,418
up 7.6%
Renter share
76.9% → 77.9%
+1.0 pts
Bachelor's+
82.9% → 85.3%
+2.4 pts
Median age
33.8 → 33.3
-0.5 yrs

Across the past five years, the going rent in ZIP 02114 in Boston, MA has shifted from $2,733 to $3,670, up 34.3% since 2021. On the earnings side, the typical household in ZIP 02114 in Boston, MA now reports about $132,210, up from $118,125 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 02114 in Boston, MA adding about 1,017 residents over the five-year window, up 7.6% on net. Bachelor's-degree-or-higher attainment moved from 82.9% to 85.3% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 02114 in Boston, MA reflects that arc in its own way.

Community

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About renting in ZIP 02114

Last updated: October 17, 2026

ZIP code 02114 covers Boston, MA. The median rent here is $3,670/mo as of October 2026. A 1-bedroom rents for a median of $3,710/mo. A 2-bedroom rents for a median of $4,410/mo.

At 33% of local median household income ($132,210/yr), ZIP 02114 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02114?

To keep rent at or below 30% of gross income, you would need to earn at least $147,000/year (about $71/hour full-time) to afford the median rent of $3,670/mo in ZIP 02114. The local median household income is $132,210/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02114?

Rent in ZIP 02114 has risen 2.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 02114?

Asking rents in ZIP 02114 are usually lowest in December, about 1.9% below their yearly trend, and highest in June, about 1.8% above it. At today's median that is a gap of roughly $136 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 02114?

No. From 2019 to 2024, rent in ZIP 02114 rose 17.7% while median household income rose 36.9%, from $96,563 to $132,210. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02114 compare to other ZIPs in Massachusetts?

ZIP 02114 is one of the pricier among Massachusetts ZIP codes for rent, ranking #12 of 164 at $3,670/mo. Over the year to September 2026, rent in ZIP 02114 changed +2.9%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02114 compare to the rest of Boston?

At $3,670/mo, ZIP 02114 is $399 above the Boston citywide median of $3,271/mo. It is the 18th cheapest of 25 ZIP codes in Boston.
Income Affordability
33%
MODERATE

At $3,670/mo, rent takes ~33% of ZIP 02114's median household income ($132,210/yr). The standard benchmark is 30%.

ZIP 02114 33%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02114 (Boston, MA)

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