ZIP Code · MA

ZIP 02474

Pop. 28,642·Middlesex County·95th most expensive ZIP in Massachusetts
Median rent (all units)
$2,676/mo
Year-over-Year
+2.7%
Month-over-Month
+1.5%
vs US Median
+$744
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02474 · $2,676
More expensive than 84% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,490
1 BR
$2,610
2 BR
$3,100
3 BR
$3,720
4 BR+
$4,100
Research median
$3,100/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 02474 usually run 2.3% below trend in December and 2.2% above it in July, about $120 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 02474 is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Massachusetts

Rent in ZIP 02474 changed +2.7% 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 02474 rose 28.1% while median household income rose 34.2% ($112,150 to $150,560). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 02474 is 31.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($150,560) is $3,764 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,720); a 4-bedroom is $4,100.

From Zillow's monthly rent index (ZORI) for ZIP 02474. 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
$32,112/yr
At $2,676/mo median
Location
StateMA
CountyMiddlesex County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 02474 (Arlington, MA) is majority owner-occupied, has a median income above the national average, 76.3% of residents hold a bachelor's degree or higher.

Population
28,642
Median income
$150,560
Median age
38.9
Renters
38.8%
Age distribution
20.8%
22.8%
30.7%
15.4%
Under 1820.8%
18–3422.8%
35–5430.7%
55–6410.3%
65+15.4%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
73.1%
13.8%
White73.1%
Black1.7%
Hispanic6.1%
Asian13.8%
Other5.3%
Education (25+)
13.1%
76.3%
No HS diploma1.2%
HS diploma9.3%
Some college13.1%
Bachelor's+76.3%
Housing tenure
61.2%
38.8%
Owner61.2%
Renter38.8%

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

2021 vs 2026

How ZIP 02474 in Arlington, MA has changed in 5 years

Rent
$1,966 → $2,676
up 36.1%
Income
$124,375 → $150,560
up 21.1%
Population
28,028 → 28,642
up 2.2%
Renter share
42.3% → 38.8%
-3.5 pts
Bachelor's+
74.6% → 76.3%
+1.7 pts
Median age
37.5 → 38.9
+1.4 yrs

Across the past five years, the going rent in ZIP 02474 in Arlington, MA has shifted from $1,966 to $2,676, up 36.1% since 2021. Household income in the area moved from $124,375 to $150,560 across the same window, up 21.1% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 02474 in Arlington, MA adding about 614 residents over the five-year window, up 2.2% on net. The renter share has eased from 42.3% to 38.8%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 02474 in Arlington, MA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 02474

Last updated: October 17, 2026

ZIP code 02474 covers Arlington, MA. The median rent here is $2,676/mo as of October 2026. A 1-bedroom rents for a median of $2,610/mo. A 2-bedroom rents for a median of $3,100/mo.

At 21% of local median household income ($150,560/yr), ZIP 02474 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02474?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,676/mo in ZIP 02474. The local median household income is $150,560/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 02474?

Rent in ZIP 02474 has risen 2.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in ZIP 02474?

Asking rents in ZIP 02474 are usually lowest in December, about 2.3% below their yearly trend, and highest in July, about 2.2% above it. At today's median that is a gap of roughly $120 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 02474?

No. From 2019 to 2024, rent in ZIP 02474 rose 28.1% while median household income rose 34.2%, from $112,150 to $150,560. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 02474 compare to other ZIPs in Massachusetts?

ZIP 02474 is in the middle among Massachusetts ZIP codes for rent, ranking #95 of 164 at $2,676/mo. Over the year to September 2026, rent in ZIP 02474 changed +2.7%, against a typical +3.0% across the 140 Massachusetts ZIP codes Zillow tracks.

How does ZIP 02474 compare to the rest of Arlington?

At $2,676/mo, ZIP 02474 is $249 below the Arlington citywide median of $2,925/mo.
Income Affordability
21%
VERY AFFORDABLE

At $2,676/mo, rent takes ~21% of ZIP 02474's median household income ($150,560/yr). The standard benchmark is 30%.

ZIP 02474 21%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02474 (Arlington, MA)

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