ZIP Code · MA

ZIP 02151

Part of Revere, MA

Pop. 60,012·Suffolk County·83rd most expensive ZIP in Massachusetts

Median rent (all units)

$2,767/mo

Year-over-Year

+1.5%

Month-over-Month

+0.2%

vs US Median

+$835

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 02151 · $2,767

More expensive than 86% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,060

1 BR

$2,160

2 BR

$2,570

3 BR

$3,080

4 BR+

$3,400

Research median

$2,570/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

January. Asking rents in ZIP 02151 usually run 1.1% below trend in January and 1.1% above it in August, about $61 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 02151 is at its highest level since Zillow's records here began in April 2017.

Past year vs. the rest of Massachusetts

Rent in ZIP 02151 changed +1.5% 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 02151 rose 27.1% while median household income rose 38.9% ($62,605 to $86,969). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02151 is 32.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($86,969) is $2,174 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,160); a 2-bedroom is $2,570.

Cheaper nearby

ZIP 01901, 4 miles away, rents for 18% less ($2,278/mo), about $5,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02151. 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

$33,204/yr

At $2,767/mo median

Location

CityRevere

StateMA

CountySuffolk County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.5% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 02151 (Revere, MA) is roughly split between renters and owners, 24.6% of residents hold a bachelor's degree or higher.

Population

60,012

Median income

$86,969

Median age

39.2

Renters

54.4%

Age distribution

19.6%

24.3%

28.7%

15.7%

Under 1819.6%

18–3424.3%

35–5428.7%

55–6411.7%

65+15.7%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

51.3%

39.3%

White51.3%

Black4.7%

Hispanic39.3%

Asian4.3%

Education (25+)

18.1%

35.1%

22.2%

24.6%

No HS diploma18.1%

HS diploma35.1%

Some college22.2%

Bachelor's+24.6%

Housing tenure

45.6%

54.4%

Owner45.6%

Renter54.4%

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

2021 vs 2026

How ZIP 02151 in Revere, MA has changed in 5 years

Rent

$2,091 → $2,767

up 32.3%

Income

$72,971 → $86,969

up 19.2%

Population

60,736 → 60,012

down 1.2%

Renter share

49.2% → 54.4%

+5.2 pts

Bachelor's+

24.5% → 24.6%

+0.1 pts

Compared with 2021, rent in ZIP 02151 in Revere, MA has increased by $676 per month, settling near $2,767 after starting the period at $2,091. Household income in the area moved from $72,971 to $86,969 across the same window, up 19.2% versus 2021. Rent outpaced income growth by roughly 13.1 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 60,736 to 60,012 between 2021 and 2024, a 1.2% change. About 54.4% of households rent today, against 49.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 02151 in Revere, MA look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 02151

Last updated: October 17, 2026

ZIP code 02151 covers Revere, MA. The median rent here is $2,767/mo as of October 2026. A 1-bedroom rents for a median of $2,160/mo. A 2-bedroom rents for a median of $2,570/mo.

At 38% of local median household income ($86,969/yr), ZIP 02151 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02151?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (about $53/hour full-time) to afford the median rent of $2,767/mo in ZIP 02151. The local median household income is $86,969/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02151?

Rent in ZIP 02151 has risen 1.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2017.

When is the cheapest time to rent in ZIP 02151?

Asking rents in ZIP 02151 are usually lowest in January, about 1.1% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $61 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 02151?

No. From 2019 to 2024, rent in ZIP 02151 rose 27.1% while median household income rose 38.9%, from $62,605 to $86,969. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02151 compare to other ZIPs in Massachusetts?

ZIP 02151 is in the middle among Massachusetts ZIP codes for rent, ranking #83 of 164 at $2,767/mo. Over the year to September 2026, rent in ZIP 02151 changed +1.5%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.