ZIP Code · MA

ZIP 02115

Part of Boston, MA
Pop. 29,705·Suffolk County·32nd most expensive ZIP in Massachusetts
Median rent (all units)
$3,325/mo
Year-over-Year
-13.1%
Month-over-Month
-1.5%
vs US Median
+$1,360
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 02115 · $3,325
More expensive than 94% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$39,900/yr
At $3,325/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 13.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-13.1% YoY, -1.5% 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
$2,634 → $3,325
up 26.2%
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 $2,634 to $3,325, a 26.2% 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.

Community

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Local insights

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About renting in ZIP 02115

Last updated: July 20, 2026

ZIP code 02115 covers Boston, MA. The median rent here is $3,325/mo as of July 2026. A 1-bedroom rents for a median of $2,800/mo. A 2-bedroom rents for a median of $3,330/mo.

At 73% of local median household income ($54,991/yr), ZIP 02115 ranks as expensive compared to the national benchmark of 30%. Rents have decreased 13.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02115?

As of July 20, 2026, the median monthly rent in ZIP 02115 (Boston, MA) is $3,325. This is based on aggregated data from public sources and community submissions.

How does ZIP 02115 rent compare to the US average?

ZIP 02115's median rent of $3,325/mo is $1,360 (69%) above the US national median of $1,965/mo.

How does ZIP 02115 compare to other ZIPs in Massachusetts?

ZIP 02115 is one of the pricier ZIP codes in Massachusetts, ranking #32 out of 168 ZIPs tracked at $3,325/mo.

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 $133,000/year (~$64/hour full-time) to afford the median rent of $3,325/mo in ZIP 02115. The local median household income is $54,991/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02115?

Rent in ZIP 02115 has decreased 13.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 02115 an affordable place to rent?

ZIP 02115 is considered expensive for renters. At $3,325/mo, rent takes approximately 73% of the local median household income ($54,991/yr). The standard benchmark is 30%. ZIP 02115 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 02115 residents rent vs. own?

According to Census data, approximately 85.4% of ZIP 02115 households are renters, while 14.6% are owner-occupied. With a majority renter population, ZIP 02115 has a strong rental market.

How does ZIP 02115 compare to the rest of Boston?

ZIP 02115 is more affordable than Boston overall. At $3,325/mo, it's $144 below the Boston citywide median of $3,469/mo.

When was rent data for ZIP 02115 last updated?

Rent data for ZIP 02115 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
73%
EXPENSIVE

At $3,325/mo, rent takes ~73% of ZIP 02115's median household income ($54,991/yr). The standard benchmark is 30%.

ZIP 02115 73%Benchmark 30%
State income tax5%
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