ZIP Code · MA

ZIP 02129

Part of Boston, MA
Pop. 20,032·Suffolk County·17th most expensive ZIP in Massachusetts
Median rent (all units)
$3,500/mo
Year-over-Year
+6.8%
Month-over-Month
+0.4%
vs US Median
+$1,568
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02129 · $3,500
More expensive than 95% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,220
1 BR
$3,380
2 BR
$4,020
3 BR
$4,820
4 BR+
$5,320
Research median
$4,020/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 02129 usually run 1.9% below trend in December and 1.9% above it in June, about $133 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 02129 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Massachusetts

Rent in ZIP 02129 changed +6.8% 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 02129 rose 23% while median household income rose 22.5% ($128,403 to $157,247). Rent outpaced income.

Since before the pandemic

Rent in ZIP 02129 is 33.6% 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 11 of the last 12 months.

What a typical income covers

30% of the median household income ($157,247) is $3,931 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($3,380); a 2-bedroom is $4,020.

Rank in Boston

17th cheapest of 25 ZIP codes in Boston.

Cheaper nearby

ZIP 02113, 1 mile away, rents for 18% less ($2,868/mo), about $7,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02129. 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
$42,000/yr
At $3,500/mo median
Location
CityBoston
StateMA
CountySuffolk County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 02129 (Boston, MA) is roughly split between renters and owners, has a median income above the national average, 71.2% of residents hold a bachelor's degree or higher.

Population
20,032
Median income
$157,247
Median age
35.6
Renters
49.5%
Age distribution
19.7%
29.4%
28.5%
14.1%
Under 1819.7%
18–3429.4%
35–5428.5%
55–648.3%
65+14.1%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
72.1%
White72.1%
Black6.2%
Hispanic9.5%
Asian8.4%
Other3.7%
Education (25+)
71.2%
No HS diploma7.4%
HS diploma11.2%
Some college10.2%
Bachelor's+71.2%
Housing tenure
50.5%
49.5%
Owner50.5%
Renter49.5%

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

2021 vs 2026

How ZIP 02129 in Boston, MA has changed in 5 years

Rent
$2,507 → $3,500
up 39.6%
Income
$140,534 → $157,247
up 11.9%
Population
20,411 → 20,032
down 1.9%
Renter share
51.4% → 49.5%
-1.9 pts
Bachelor's+
68.2% → 71.2%
+3.0 pts

Rent in ZIP 02129 in Boston, MA has climbed 39.6% since 2021, going from about $2,507 per month to roughly $3,500 today. Household income in the area moved from $140,534 to $157,247 across the same window, up 11.9% versus 2021. Rent outpaced income growth by roughly 27.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 20,411 to 20,032 between 2021 and 2024, a 1.9% change. About 49.5% of households rent today, against 51.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 68.2% to 71.2%. Reading these numbers side by side helps frame whether current listings in ZIP 02129 in Boston, MA look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 02129

Last updated: October 17, 2026

ZIP code 02129 covers Boston, MA. The median rent here is $3,500/mo as of October 2026. A 1-bedroom rents for a median of $3,380/mo. A 2-bedroom rents for a median of $4,020/mo.

At 27% of local median household income ($157,247/yr), ZIP 02129 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02129?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (about $67/hour full-time) to afford the median rent of $3,500/mo in ZIP 02129. The local median household income is $157,247/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 02129?

Rent in ZIP 02129 has risen 6.8% 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 02129?

Asking rents in ZIP 02129 are usually lowest in December, about 1.9% below their yearly trend, and highest in June, about 1.9% above it. At today's median that is a gap of roughly $133 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 02129?

Yes. From 2019 to 2024, rent in ZIP 02129 rose 23% while median household income rose 22.5%, from $128,403 to $157,247. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02129 compare to other ZIPs in Massachusetts?

ZIP 02129 is one of the pricier among Massachusetts ZIP codes for rent, ranking #17 of 164 at $3,500/mo. Over the year to September 2026, rent in ZIP 02129 changed +6.8%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02129 compare to the rest of Boston?

At $3,500/mo, ZIP 02129 is $229 above the Boston citywide median of $3,271/mo. It is the 17th cheapest of 25 ZIP codes in Boston.
Income Affordability
27%
AFFORDABLE

At $3,500/mo, rent takes ~27% of ZIP 02129's median household income ($157,247/yr). The standard benchmark is 30%.

ZIP 02129 27%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02129 (Boston, MA)

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