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ZIP Code · MA

ZIP 02148

Part of Malden, MA
Pop. 65,906·Middlesex County·82nd most expensive ZIP in Massachusetts
Median rent (all units)
$2,803/mo
Year-over-Year
+5.1%
Month-over-Month
+2.3%
vs US Median
+$838
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02148 · $2,803
More expensive than 87% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,430
1 BR
$2,550
2 BR
$3,030
3 BR
$3,630
4 BR+
$4,010
Research median
$3,030/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
$33,636/yr
At $2,803/mo median
Location
CityMalden
StateMA
CountyMiddlesex County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.1% YoY, +2.3% MoM), not inventory.
Demographics

Who lives here

ZIP 02148 (Malden, MA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 45.1% of residents hold a bachelor's degree or higher.

Population
65,906
Median income
$100,606
Median age
35.8
Renters
58.7%
Age distribution
18.2%
30.6%
27.5%
13%
Under 1818.2%
18–3430.6%
35–5427.5%
55–6410.7%
65+13%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
40.2%
13.7%
28.1%
White40.2%
Black13.7%
Hispanic9.5%
Asian28.1%
Other8.6%
Education (25+)
14%
22.1%
18.8%
45.1%
No HS diploma14%
HS diploma22.1%
Some college18.8%
Bachelor's+45.1%
Housing tenure
41.3%
58.7%
Owner41.3%
Renter58.7%

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

2021 vs 2026

How ZIP 02148 in Malden, MA has changed in 5 years

Rent
$1,960 → $2,803
up 43.0%
Income
$77,082 → $100,606
up 30.5%
Population
65,386 → 65,906
up 0.8%
Renter share
58.6% → 58.7%
+0.1 pts
Bachelor's+
43% → 45.1%
+2.1 pts
Median age
34.9 → 35.8
+0.9 yrs

Five years ago, renters in ZIP 02148 in Malden, MA paid around $1,960 a month. That figure now sits near $2,803, up 43.0% from the 2021 baseline. On the earnings side, the typical household in ZIP 02148 in Malden, MA now reports about $100,606, up from $77,082 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 43% to 45.1% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 02148 in Malden, MA reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 02148

About renting in ZIP 02148

Last updated: July 20, 2026

ZIP code 02148 covers Malden, MA. The median rent here is $2,803/mo as of July 2026. A 1-bedroom rents for a median of $2,550/mo. A 2-bedroom rents for a median of $3,030/mo.

At 33% of local median household income ($100,606/yr), ZIP 02148 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02148?

As of July 20, 2026, the median monthly rent in ZIP 02148 (Malden, MA) is $2,803. This is based on aggregated data from public sources and community submissions.

How does ZIP 02148 rent compare to the US average?

ZIP 02148's median rent of $2,803/mo is $838 (43%) above the US national median of $1,965/mo.

How does ZIP 02148 compare to other ZIPs in Massachusetts?

ZIP 02148 falls in the middle range for Massachusetts, ranking #82 out of 168 ZIPs at $2,803/mo.

How much income do you need to rent in ZIP 02148?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,803/mo in ZIP 02148. The local median household income is $100,606/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02148?

Rent in ZIP 02148 has increased 5.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02148 an affordable place to rent?

ZIP 02148 is considered moderate for renters. At $2,803/mo, rent takes approximately 33% of the local median household income ($100,606/yr). The standard benchmark is 30%. ZIP 02148 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 02148 residents rent vs. own?

According to Census data, approximately 58.7% of ZIP 02148 households are renters, while 41.3% are owner-occupied. With a majority renter population, ZIP 02148 has a strong rental market.

How does ZIP 02148 compare to the rest of Malden?

ZIP 02148 sits right at the Malden citywide median of $2,803/mo.

When was rent data for ZIP 02148 last updated?

Rent data for ZIP 02148 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,803/mo, rent takes ~33% of ZIP 02148's median household income ($100,606/yr). The standard benchmark is 30%.

ZIP 02148 33%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02148 (Malden, MA)

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