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ZIP Code · MA

ZIP 02116

Part of Boston, MA
Pop. 21,978·Suffolk County·22nd most expensive ZIP in Massachusetts
Median rent (all units)
$3,555/mo
Year-over-Year
+1.4%
Month-over-Month
+1.5%
vs US Median
+$1,590
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02116 · $3,555
More expensive than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$3,340
1 BR
$3,510
2 BR
$4,170
3 BR
$5,000
4 BR+
$5,520
Research median
$4,170/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
$42,660/yr
At $3,555/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.4% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 02116 (Boston, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 77.5% of residents hold a bachelor's degree or higher.

Population
21,978
Median income
$126,496
Median age
34.5
Renters
65%
Age distribution
43.7%
19.7%
13.1%
16.2%
Under 187.3%
18–3443.7%
35–5419.7%
55–6413.1%
65+16.2%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
66.1%
15.7%
White66.1%
Black5.9%
Hispanic8.8%
Asian15.7%
Other3.6%
Education (25+)
77.5%
No HS diploma5.6%
HS diploma9.2%
Some college7.8%
Bachelor's+77.5%
Housing tenure
35%
65%
Owner35%
Renter65%

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

2021 vs 2026

How ZIP 02116 in Boston, MA has changed in 5 years

Rent
$2,540 → $3,555
up 40.0%
Income
$121,967 → $126,496
up 3.7%
Population
22,587 → 21,978
down 2.7%
Renter share
64% → 65%
+1.0 pts
Bachelor's+
78.9% → 77.5%
-1.4 pts
Median age
33.7 → 34.5
+0.8 yrs

Across the past five years, the going rent in ZIP 02116 in Boston, MA has shifted from $2,540 to $3,555, up 40.0% since 2021. Median household income climbed from $121,967 to $126,496 between 2021 and 2024, a 3.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 02116 in Boston, MA losing about 609 residents over the five-year window, down 2.7% on net. Taken together, the five-year picture in ZIP 02116 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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Local insights

Tips for renters in ZIP 02116

About renting in ZIP 02116

Last updated: July 20, 2026

ZIP code 02116 covers Boston, MA. The median rent here is $3,555/mo as of July 2026. A 1-bedroom rents for a median of $3,510/mo. A 2-bedroom rents for a median of $4,170/mo.

At 34% of local median household income ($126,496/yr), ZIP 02116 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02116?

As of July 20, 2026, the median monthly rent in ZIP 02116 (Boston, MA) is $3,555. This is based on aggregated data from public sources and community submissions.

How does ZIP 02116 rent compare to the US average?

ZIP 02116's median rent of $3,555/mo is $1,590 (81%) above the US national median of $1,965/mo.

How does ZIP 02116 compare to other ZIPs in Massachusetts?

ZIP 02116 is one of the pricier ZIP codes in Massachusetts, ranking #22 out of 168 ZIPs tracked at $3,555/mo.

How much income do you need to rent in ZIP 02116?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (~$68/hour full-time) to afford the median rent of $3,555/mo in ZIP 02116. The local median household income is $126,496/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02116?

Rent in ZIP 02116 has increased 1.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02116 an affordable place to rent?

ZIP 02116 is considered moderate for renters. At $3,555/mo, rent takes approximately 34% of the local median household income ($126,496/yr). The standard benchmark is 30%. ZIP 02116 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 02116 residents rent vs. own?

According to Census data, approximately 65% of ZIP 02116 households are renters, while 35% are owner-occupied. With a majority renter population, ZIP 02116 has a strong rental market.

How does ZIP 02116 compare to the rest of Boston?

ZIP 02116 is pricier than Boston as a whole. At $3,555/mo, it's $86 above the Boston citywide median of $3,469/mo.

When was rent data for ZIP 02116 last updated?

Rent data for ZIP 02116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $3,555/mo, rent takes ~34% of ZIP 02116's median household income ($126,496/yr). The standard benchmark is 30%.

ZIP 02116 34%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02116 (Boston, MA)

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