ZIP Code · MA

ZIP 02115

Part of Boston, MA
Pop. 29,705·Suffolk County·32nd most expensive ZIP in Massachusetts
Median rent (all units)
$3,185/mo
Year-over-Year
+7.9%
Month-over-Month
+2.0%
vs US Median
+$1,253
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02115 · $3,185
More expensive than 93% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,670
1 BR
$2,800
2 BR
$3,330
3 BR
$3,990
4 BR+
$4,410
Research median
$3,330/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

October. Asking rents in ZIP 02115 usually run 1.7% below trend in October and 1.7% above it in February, about $108 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 02115 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Massachusetts

Rent in ZIP 02115 changed +7.9% 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 02115 rose 21.2% while median household income rose 27.5% ($43,144 to $54,991). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02115 is 35.9% 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 ($54,991) is $1,375 a month. That is less than HUD's Fair Market Rent for a studio ($2,670).

Rank in Boston

12th cheapest of 25 ZIP codes in Boston.

Cheaper nearby

ZIP 02132, 5 miles away, rents for 11% less ($2,830/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02115. 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
$38,220/yr
At $3,185/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.9% YoY, +2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 02115 (Boston, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 66.8% of residents hold a bachelor's degree or higher.

Population
29,705
Median income
$54,991
Median age
21.7
Renters
85.4%
Age distribution
71.2%
Under 184.9%
18–3471.2%
35–548.1%
55–645.9%
65+10%
Gender
44.5%
55.5%
Male44.5%
Female55.5%
Race & ethnicity
57.3%
14.7%
19.1%
White57.3%
Black7.4%
Hispanic14.7%
Asian19.1%
Other1.5%
Education (25+)
12.6%
66.8%
No HS diploma8.8%
HS diploma12.6%
Some college11.8%
Bachelor's+66.8%
Housing tenure
14.6%
85.4%
Owner14.6%
Renter85.4%

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

2021 vs 2026

How ZIP 02115 in Boston, MA has changed in 5 years

Rent
$2,205 → $3,185
up 44.4%
Income
$47,486 → $54,991
up 15.8%
Population
28,559 → 29,705
up 4.0%
Renter share
87.7% → 85.4%
-2.3 pts
Bachelor's+
64.4% → 66.8%
+2.4 pts

Since 2021, the typical rent in ZIP 02115 in Boston, MA has climbed from $2,205 to $3,185, a 44.4% change over five years. Median household income rose from $47,486 to $54,991 between 2021 and 2024, a 15.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.0% since 2021, moving from about 28,559 residents to roughly 29,705. Renters now make up 85.4% of households, compared with 87.7% five years ago. College-educated residents now make up 66.8% of adults here, versus 64.4% in 2021. Taken together, the five-year picture in ZIP 02115 in Boston, MA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 02115

Last updated: October 17, 2026

ZIP code 02115 covers Boston, MA. The median rent here is $3,185/mo as of October 2026. A 1-bedroom rents for a median of $2,800/mo. A 2-bedroom rents for a median of $3,330/mo.

At 70% of local median household income ($54,991/yr), ZIP 02115 ranks as expensive compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02115?

To keep rent at or below 30% of gross income, you would need to earn at least $127,000/year (about $61/hour full-time) to afford the median rent of $3,185/mo in ZIP 02115. The local median household income is $54,991/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02115?

Rent in ZIP 02115 has risen 7.9% 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 02115?

Asking rents in ZIP 02115 are usually lowest in October, about 1.7% below their yearly trend, and highest in February, about 1.7% above it. At today's median that is a gap of roughly $108 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 02115?

No. From 2019 to 2024, rent in ZIP 02115 rose 21.2% while median household income rose 27.5%, from $43,144 to $54,991. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02115 compare to other ZIPs in Massachusetts?

ZIP 02115 is one of the pricier among Massachusetts ZIP codes for rent, ranking #32 of 164 at $3,185/mo. Over the year to September 2026, rent in ZIP 02115 changed +7.9%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02115 compare to the rest of Boston?

At $3,185/mo, ZIP 02115 is $86 below the Boston citywide median of $3,271/mo. It is the 12th cheapest of 25 ZIP codes in Boston.
Income Affordability
70%
EXPENSIVE

At $3,185/mo, rent takes ~70% of ZIP 02115's median household income ($54,991/yr). The standard benchmark is 30%.

ZIP 02115 70%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02115 (Boston, MA)

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