ZIP 02148
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 02148 usually run 0.7% below trend in February and 0.9% above it in July, about $47 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 02148 is at its highest level since Zillow's records here began in April 2016.
Rent in ZIP 02148 changed +2.7% over the year to September 2026. Across the 140 Massachusetts ZIP codes Zillow tracks, the typical change was +3.0%.
From 2019 to 2024, rent in ZIP 02148 rose 27.5% while median household income rose 52.5% ($65,975 to $100,606). Income kept ahead of rent.
Rent in ZIP 02148 is 32% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($100,606) is $2,515 a month. That covers HUD's Fair Market Rent for up to a studio ($2,430); a 1-bedroom is $2,550.
ZIP 02150, 3 miles away, rents for 10% less ($2,630/mo), about $3,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 02148. 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.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 02148 in Malden, MA has changed in 5 years
Five years ago, renters in ZIP 02148 in Malden, MA paid around $2,153 a month. That figure now sits near $2,926, up 35.9% 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.
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Tips for renters in ZIP 02148
Last updated: October 17, 2026
ZIP code 02148 covers Malden, MA. The median rent here is $2,926/mo as of October 2026. A 1-bedroom rents for a median of $2,550/mo. A 2-bedroom rents for a median of $3,030/mo.
At 35% of local median household income ($100,606/yr), ZIP 02148 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.
Frequently asked questions
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How does ZIP 02148 compare to the rest of Malden?
At $2,926/mo, rent takes ~35% of ZIP 02148's median household income ($100,606/yr). The standard benchmark is 30%.
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