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ZIP Code · MA

ZIP 02720

Pop. 30,940·Bristol County·153rd most expensive ZIP in Massachusetts
Median rent (all units)
$1,898/mo
Year-over-Year
+6.8%
Month-over-Month
+2.0%
vs US Median
-$67
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02720 · $1,898
More expensive than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,310
2 BR
$1,620
3 BR
$1,960
4 BR+
$2,320
Research median
$1,620/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
$22,776/yr
At $1,898/mo median
Location
StateMA
CountyBristol 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, +2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 02720 (Fall River, MA) is majority renter-occupied, has a median income below the national average, 20.3% of residents hold a bachelor's degree or higher.

Population
30,940
Median income
$62,196
Median age
40.2
Renters
62.5%
Age distribution
16.6%
25.5%
26.2%
13.9%
17.9%
Under 1816.6%
18–3425.5%
35–5426.2%
55–6413.9%
65+17.9%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
75.3%
White75.3%
Black7.4%
Hispanic10.6%
Asian2.7%
Other3.9%
Education (25+)
18.8%
33.3%
27.6%
20.3%
No HS diploma18.8%
HS diploma33.3%
Some college27.6%
Bachelor's+20.3%
Housing tenure
37.5%
62.5%
Owner37.5%
Renter62.5%

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

2021 vs 2026

How ZIP 02720 in Fall River, MA has changed in 5 years

Income
$56,843 → $62,196
up 9.4%
Population
31,210 → 30,940
down 0.9%
Renter share
59.9% → 62.5%
+2.6 pts
Bachelor's+
22.1% → 20.3%
-1.8 pts

Median household income rose from $56,843 to $62,196 between 2021 and 2024, a 9.4% shift. Renters now make up 62.5% of households, compared with 59.9% five years ago.

Community

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Local insights

Tips for renters in ZIP 02720

About renting in ZIP 02720

Last updated: July 20, 2026

ZIP code 02720 covers Fall River, MA. The median rent here is $1,898/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,620/mo.

At 37% of local median household income ($62,196/yr), ZIP 02720 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02720?

As of July 20, 2026, the median monthly rent in ZIP 02720 (Fall River, MA) is $1,898. This is based on aggregated data from public sources and community submissions.

How does ZIP 02720 rent compare to the US average?

ZIP 02720's median rent of $1,898/mo is $67 (3%) below the US national median of $1,965/mo.

How does ZIP 02720 compare to other ZIPs in Massachusetts?

ZIP 02720 is among the more affordable ZIP codes in Massachusetts, ranking #153 out of 168 ZIPs at $1,898/mo.

How much income do you need to rent in ZIP 02720?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,898/mo in ZIP 02720. The local median household income is $62,196/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02720?

Rent in ZIP 02720 has increased 6.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02720 an affordable place to rent?

ZIP 02720 is considered moderate for renters. At $1,898/mo, rent takes approximately 37% of the local median household income ($62,196/yr). The standard benchmark is 30%. ZIP 02720 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 02720 residents rent vs. own?

According to Census data, approximately 62.5% of ZIP 02720 households are renters, while 37.5% are owner-occupied. With a majority renter population, ZIP 02720 has a strong rental market.

How does ZIP 02720 compare to the rest of Fall River?

ZIP 02720 is pricier than Fall River as a whole. At $1,898/mo, it's $87 above the Fall River citywide median of $1,811/mo.

When was rent data for ZIP 02720 last updated?

Rent data for ZIP 02720 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $1,898/mo, rent takes ~37% of ZIP 02720's median household income ($62,196/yr). The standard benchmark is 30%.

ZIP 02720 37%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 02720 (Fall River, MA)

Recent submissions

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