RentDataNowRentDataNow
ZIP Code · MA

ZIP 02721

Pop. 26,521·Bristol County·164th most expensive ZIP in Massachusetts
Median rent (all units)
$1,731/mo
Year-over-Year
+4.9%
Month-over-Month
-0.5%
vs US Median
-$234
Falling (Monthly)
Be the first to discuss 02721 rents ↓
Most AffordableMost Expensive
ZIP 02721 · $1,731
More affordable than 56% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,190
2 BR
$1,460
3 BR
$1,760
4 BR+
$2,130
Research median
$1,460/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$20,772/yr
At $1,731/mo median
Location
StateMA
CountyBristol County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.9% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 02721 (Fall River, MA) is majority renter-occupied, has a median income below the national average, 15% of residents hold a bachelor's degree or higher.

Population
26,521
Median income
$52,841
Median age
40.8
Renters
65.8%
Age distribution
20.6%
22.7%
27.2%
12.3%
17.1%
Under 1820.6%
18–3422.7%
35–5427.2%
55–6412.3%
65+17.1%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
66.4%
15.4%
White66.4%
Black4%
Hispanic15.4%
Asian3.6%
Other10.6%
Education (25+)
26.1%
34.8%
24.1%
15%
No HS diploma26.1%
HS diploma34.8%
Some college24.1%
Bachelor's+15%
Housing tenure
34.2%
65.8%
Owner34.2%
Renter65.8%

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

2021 vs 2026

How ZIP 02721 in Fall River, MA has changed in 5 years

Income
$47,963 → $52,841
up 10.2%
Population
26,981 → 26,521
down 1.7%
Renter share
63.2% → 65.8%
+2.6 pts
Bachelor's+
12.8% → 15%
+2.2 pts
Median age
37.9 → 40.8
+2.9 yrs

Local incomes tracked alongside that move, going from a median of $47,963 in 2021 to $52,841 more recently. Census counts show ZIP 02721 in Fall River, MA losing about 460 residents over the five-year window, down 1.7% on net. The renter share has risen from 63.2% to 65.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 12.8% to 15% across the same window.

Community

Discussions about ZIP 02721

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 02721

About renting in ZIP 02721

Last updated: July 20, 2026

ZIP code 02721 covers Fall River, MA. The median rent here is $1,731/mo as of July 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,460/mo.

At 39% of local median household income ($52,841/yr), ZIP 02721 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02721?

As of July 20, 2026, the median monthly rent in ZIP 02721 (Fall River, MA) is $1,731. This is based on aggregated data from public sources and community submissions.

How does ZIP 02721 rent compare to the US average?

ZIP 02721's median rent of $1,731/mo is $234 (12%) below the US national median of $1,965/mo.

How does ZIP 02721 compare to other ZIPs in Massachusetts?

ZIP 02721 is among the more affordable ZIP codes in Massachusetts, ranking #164 out of 168 ZIPs at $1,731/mo.

How much income do you need to rent in ZIP 02721?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,731/mo in ZIP 02721. The local median household income is $52,841/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02721?

Rent in ZIP 02721 has increased 4.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02721 an affordable place to rent?

ZIP 02721 is considered moderate for renters. At $1,731/mo, rent takes approximately 39% of the local median household income ($52,841/yr). The standard benchmark is 30%. ZIP 02721 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 02721 residents rent vs. own?

According to Census data, approximately 65.8% of ZIP 02721 households are renters, while 34.2% are owner-occupied. With a majority renter population, ZIP 02721 has a strong rental market.

How does ZIP 02721 compare to the rest of Fall River?

ZIP 02721 is more affordable than Fall River overall. At $1,731/mo, it's $80 below the Fall River citywide median of $1,811/mo.

When was rent data for ZIP 02721 last updated?

Rent data for ZIP 02721 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $1,731/mo, rent takes ~39% of ZIP 02721's median household income ($52,841/yr). The standard benchmark is 30%.

ZIP 02721 39%Benchmark 30%
State income tax5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 02721 (Fall River, MA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.