ZIP Code · MA

ZIP 02118

Part of Boston, MA
Pop. 28,946·Suffolk County·7th most expensive ZIP in Massachusetts
Median rent (all units)
$3,805/mo
Year-over-Year
+3.4%
Month-over-Month
+0.3%
vs US Median
+$1,873
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02118 · $3,805
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
$2,110
1 BR
$2,210
2 BR
$2,630
3 BR
$3,150
4 BR+
$3,480
Research median
$2,630/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

November. Asking rents in ZIP 02118 usually run 1.1% below trend in November and 1.1% above it in July, about $84 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 02118 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Massachusetts

Rent in ZIP 02118 changed +3.4% 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 02118 rose 19.1% while median household income rose 44.9% ($67,805 to $98,224). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02118 is 28.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($98,224) is $2,456 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,210); a 2-bedroom is $2,630.

Rank in Boston

22nd cheapest of 25 ZIP codes in Boston.

Cheaper nearby

ZIP 02116, 1 mile away, rents for 10% less ($3,412/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02118. 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
$45,660/yr
At $3,805/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 02118 (Boston, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 60.8% of residents hold a bachelor's degree or higher.

Population
28,946
Median income
$98,224
Median age
36.9
Renters
67.5%
Age distribution
13.9%
32%
26.6%
13.5%
13.9%
Under 1813.9%
18–3432%
35–5426.6%
55–6413.5%
65+13.9%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
51.1%
14.4%
14.9%
15%
White51.1%
Black14.4%
Hispanic14.9%
Asian15%
Other4.7%
Education (25+)
12.6%
15.5%
60.8%
No HS diploma12.6%
HS diploma15.5%
Some college11.1%
Bachelor's+60.8%
Housing tenure
32.5%
67.5%
Owner32.5%
Renter67.5%

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

2021 vs 2026

How ZIP 02118 in Boston, MA has changed in 5 years

Rent
$2,739 → $3,805
up 38.9%
Income
$71,096 → $98,224
up 38.2%
Population
27,718 → 28,946
up 4.4%
Renter share
72.4% → 67.5%
-4.9 pts
Bachelor's+
55.4% → 60.8%
+5.4 pts

Across the past five years, the going rent in ZIP 02118 in Boston, MA has shifted from $2,739 to $3,805, up 38.9% since 2021. Local incomes tracked alongside that move, going from a median of $71,096 in 2021 to $98,224 more recently. Census counts show ZIP 02118 in Boston, MA adding about 1,228 residents over the five-year window, up 4.4% on net. The renter share has eased from 72.4% to 67.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 55.4% to 60.8% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 02118 in Boston, MA market of 2021.

Community

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Local insights

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About renting in ZIP 02118

Last updated: October 17, 2026

ZIP code 02118 covers Boston, MA. The median rent here is $3,805/mo as of October 2026. A 1-bedroom rents for a median of $2,210/mo. A 2-bedroom rents for a median of $2,630/mo.

At 46% of local median household income ($98,224/yr), ZIP 02118 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02118?

To keep rent at or below 30% of gross income, you would need to earn at least $152,000/year (about $73/hour full-time) to afford the median rent of $3,805/mo in ZIP 02118. The local median household income is $98,224/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02118?

Rent in ZIP 02118 has risen 3.4% 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 02118?

Asking rents in ZIP 02118 are usually lowest in November, about 1.1% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $84 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 02118?

No. From 2019 to 2024, rent in ZIP 02118 rose 19.1% while median household income rose 44.9%, from $67,805 to $98,224. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02118 compare to other ZIPs in Massachusetts?

ZIP 02118 is one of the pricier among Massachusetts ZIP codes for rent, ranking #7 of 164 at $3,805/mo. Over the year to September 2026, rent in ZIP 02118 changed +3.4%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02118 compare to the rest of Boston?

At $3,805/mo, ZIP 02118 is $534 above the Boston citywide median of $3,271/mo. It is the 22nd cheapest of 25 ZIP codes in Boston.
Income Affordability
46%
STRETCHED

At $3,805/mo, rent takes ~46% of ZIP 02118's median household income ($98,224/yr). The standard benchmark is 30%.

ZIP 02118 46%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02118 (Boston, MA)

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