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Rental Insights for ZIP Code 01803 (Burlington, MA)

Housing Rentals in ZIP Code 01803 (Burlington, MA)

01803 ZIP Code in Massachusetts

Learn About Housing Rentals in ZIP Code 01803

ZIP Code 01803 is primarily located in Burlington, MA in Middlesex County. The median housing rent payment in this Massachusetts region is $1,960 per month. About 26.4% of all housing units in this Middlesex County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 7.6%.

The median rent in ZIP Code 01803 of $1,960 per month is 53% higher than the aggregate Massachusetts median monthly rent of $1,282, and is 85% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 29.7% of residents in ZIP Code 01803 pay between $1,500 and $1,999 per month for rent. That is 52% higher than in Massachusetts overall, in which 19.6% of total state residents pay between $1,500 and $1,999 per month for housing. Only 0.7% of renters in this Burlington, MA region pay between $500 and $999 per month for rent.

ZIP Code 01803 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 01803

See the chart below for a comparison of monthly rental costs in ZIP Code 01803, Massachusetts, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 01803 along with those in the state of Massachusetts and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 01803

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 01803 Massachusetts U.S.
Less than $500 4.8% 13.6% 9.4%
$500 to $999 0.7% 20.4% 36.2%
$1,000 to $1,499 17.2% 27.4% 30.0%
$1,500 to $1,999 29.7% 19.6% 14.0%
$2,000 to $2,499 22.8% 10.1% 5.6%
$2,500 to $2,999 15.3% 4.6% 2.4%
$3,000 or more 9.5% 4.3% 2.4%

Rent Cost vs. Income in ZIP Code 01803

Renters in ZIP Code 01803 use an estimated 28.58% of their income to cover their monthly rent payments. That is about 4% lower than in Massachusetts overall. The estimate for Massachusetts overall is 29.76% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 01803 renters use about 4% less of their income to cover rent expense. Household income figures for ZIP Code 01803 come in higher than in Massachusetts as a whole. The median annual household income in ZIP Code 01803 of $118,721 sits approximately 46% higher than the overall Massachusetts median income of $81,215 and approximately 89% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 01803

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 01803, Massachusetts, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 01803 along with the same calculations in the state of Massachusetts and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 01803

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 01803 Massachusetts U.S.
Less than 15.0 percent 13.9% 13.0% 13.1%
15.0 to 19.9 percent 13.9% 12.6% 12.9%
20.0 to 24.9 percent 15.1% 12.6% 12.9%
25.0 to 29.9 percent 12.2% 12.3% 11.6%
30.0 to 34.9 percent 10.8% 10.0% 9.1%
35.0 percent or more 34.1% 39.5% 40.5%

Household Income in ZIP Code 01803

See the table below for the regional comparison of annual household income in ZIP Code 01803.

Income ZIP 01803 Massachusetts U.S.
Less than $10,000 3.3% 5.2% 6.0%
$10,000 to $14,999 1.2% 4.2% 4.3%
$15,000 to $24,999 4.0% 7.2% 8.9%
$25,000 to $34,999 4.5% 6.7% 8.9%
$35,000 to $49,999 8.0% 9.3% 12.3%
$50,000 to $74,999 10.5% 14.2% 17.2%
$75,000 to $99,999 10.5% 12.1% 12.7%
$100,000 to $149,999 22.1% 17.8% 15.1%
$150,000 to $199,999 12.6% 10.2% 6.8%
$200,000 or more 23.2% 13.2% 7.7%

Household Income in ZIP Code 01803

See the chart below for a comparison of annual household income figures in ZIP Code 01803, Massachusetts, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 01803 alongside the same figures for the state of Massachusetts and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 01803

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 01803.

ZIP 01803 Massachusetts U.S.
Median Housing Rent $1,960 $1,282 $1,062
Renter-Occupied Housing Units 26.4% 37.6% 36.0%
Rental Vacancy Rate 7.6% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.33 2.25 2.49
Average # of Bedrooms Per Unit 2.89 2.66 2.75
Percent of Income Spent on Rent 28.58% 29.76% 29.83%
Per Capita Income $51,248 $43,761 $34,103
Median Household Income $139,198 $111,498 $88,607
Living Below the Poverty Line 2.7% 7.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 01803

In ZIP Code 01803 (Burlington, MA), and estimated 26.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.6%.

The per capita income in 01803 is estimated at $51,248, which goes along with an estimated median household income of $139,198. About 2.7% of residents in this Middlesex County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.33 occupants, while the units have an aggregate average size of 2.89 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.58% of their income on housing rental costs.

Rental FAQs for ZIP Code 01803

1

What is the median monthly rent in ZIP Code 01803?

Median rent for housing in ZIP Code 01803 in Middlesex County in Massachusetts is approximately $1,960 per month.
2

Is it expensive to rent in ZIP Code 01803?

Rent in ZIP Code 01803 is higher than average in the state of Massachusetts overall. The median monthly rent of $1,960 in ZIP Code 01803 is approximately 53% higher than the Massachusetts median of $1,282. Additionally, median rent in this Burlington, MA region ($1,960) is about 85% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 01803?

High-priced rentals are more common in ZIP Code 01803 than in Massachusetts overall. The percentage of rentals in ZIP Code 01803 that cost $3,000 or more per month (9.5%) is about 121% higher than the Massachusetts rate of 4.3% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 296% lower than the aforementioned 01803 rate of 9.5%.
4

Are affordable rentals common in ZIP Code 01803?

Affordable rentals are less common in ZIP Code 01803 than in Massachusetts overall. The percentage of housing rentals in ZIP Code 01803 costing $999 or less per month (5.5%) is approximately 84% lower than the Massachusetts rate of 34% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 88% higher than the previously mentioned 01803 rate of 5.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 01803?

The most common range for rental cost in ZIP Code 01803 is between $1,500 and $1,999 per month. About 29.7% of renters in 01803 pay in this range for monthly rent. In comparison, approximately 19.6% of renters in the state of Massachusetts fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 01803 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 01803 is higher than the rental vacancy rate in the state of Massachusetts overall. Rental vacancy of 7.6% in ZIP Code 01803 is about 111% higher than the Massachusetts rate of 3.6%. Looking more broadly, rental vacancy in this Burlington, MA region (7.6%) is an estimated 27% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 01803? How does it compare to other Massachusetts regions?

Median household income in ZIP Code 01803 is higher than in the state of Massachusetts overall. Annual household income of $118,721 in ZIP Code 01803 is about 46% higher than the Massachusetts median of $81,215. Additionally, median household income in this Burlington, MA region ($118,721) is approximately 89% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 01803 spend on housing costs?

Renters in ZIP Code 01803 spend a lower amount of their income on rent costs than do renters in Massachusetts overall. Renters in ZIP Code 01803 spend an estimated 28.58% of their income on rent payments, which is about 4% lower than the overall Massachusetts estimated rate of 29.76%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 4% higher than the ZIP Code 01803 estimated rate of 28.58%.
9

Do renters in ZIP Code 01803 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 01803 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 01803 spending 30 percent or more of their income on rent costs (44.9%) is approximately 9% lower than the Massachusetts rate of 49.5% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 9% higher than the aforementioned 01803 rate of 44.9%.
10

What is the average household size of renter-occupied units in ZIP Code 01803?

The average household size of renter-occupied units in ZIP Code 01803 is higher than in the state of Massachusetts overall. Annual household size of 2.33 in ZIP Code 01803 is about 4% higher than the Massachusetts median of 2.25. Additionally, median household size in this Burlington, MA region (2.33) is approximately 6% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Massachusetts ZIP Codes