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Rental Insights for ZIP Code 02110 (Boston, MA)

Housing Rentals in ZIP Code 02110 (Boston, MA)

02110 ZIP Code in Massachusetts

Learn About Housing Rentals in ZIP Code 02110

ZIP Code 02110 is primarily located in Boston, MA in Suffolk County. This Massachusetts region has a median housing rent payment of $2,960 per month. Approximately 42.1% of housing units in this Suffolk County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of zero.

The median rent in ZIP Code 02110 of $2,960 per month is 131% higher than the aggregate Massachusetts median monthly rent of $1,282, and is 179% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 48.3% of renters in ZIP Code 02110 pay $3,000 or more per month for housing. That is 1023% higher than in Massachusetts overall, in which 4.3% of total state residents pay $3,000 or more per month for housing. Just 5.7% of renters in ZIP Code 02110 pay between $1,000 and $1,499 for monthly rent.

ZIP Code 02110 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 02110

See the chart below for a comparison of monthly rental costs in ZIP Code 02110, Massachusetts, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 02110 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 02110

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

Cost ZIP 02110 Massachusetts U.S.
Less than $500 9.6% 13.6% 9.4%
$500 to $999 6.4% 20.4% 36.2%
$1,000 to $1,499 5.7% 27.4% 30.0%
$1,500 to $1,999 0.0% 19.6% 14.0%
$2,000 to $2,499 9.2% 10.1% 5.6%
$2,500 to $2,999 20.8% 4.6% 2.4%
$3,000 or more 48.3% 4.3% 2.4%

Rent Cost vs. Income in ZIP Code 02110

Renters in ZIP Code 02110 use an estimated 26.06% of their income to cover their monthly rent payments. That is about 12% 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 02110 renters use about 13% less of their income to cover rent expense. Household income figures for ZIP Code 02110 come in higher than in Massachusetts as a whole. The median annual household income in ZIP Code 02110 of $142,869 sits approximately 76% higher than the overall Massachusetts median income of $81,215 and approximately 127% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 02110

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 02110, 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 02110 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 02110

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

Rent Cost as % of Income ZIP 02110 Massachusetts U.S.
Less than 15.0 percent 33.5% 13.0% 13.1%
15.0 to 19.9 percent 7.5% 12.6% 12.9%
20.0 to 24.9 percent 12.0% 12.6% 12.9%
25.0 to 29.9 percent 3.9% 12.3% 11.6%
30.0 to 34.9 percent 6.9% 10.0% 9.1%
35.0 percent or more 36.2% 39.5% 40.5%

Household Income in ZIP Code 02110

See the table below for the regional comparison of annual household income in ZIP Code 02110.

Income ZIP 02110 Massachusetts U.S.
Less than $10,000 8.4% 5.2% 6.0%
$10,000 to $14,999 2.9% 4.2% 4.3%
$15,000 to $24,999 2.2% 7.2% 8.9%
$25,000 to $34,999 8.4% 6.7% 8.9%
$35,000 to $49,999 1.9% 9.3% 12.3%
$50,000 to $74,999 9.8% 14.2% 17.2%
$75,000 to $99,999 7.3% 12.1% 12.7%
$100,000 to $149,999 12.1% 17.8% 15.1%
$150,000 to $199,999 3.4% 10.2% 6.8%
$200,000 or more 43.7% 13.2% 7.7%

Household Income in ZIP Code 02110

See the chart below for a comparison of annual household income figures in ZIP Code 02110, Massachusetts, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 02110 alongside the same figures for the state of Massachusetts and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 02110

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 02110.

ZIP 02110 Massachusetts U.S.
Median Housing Rent $2,960 $1,282 $1,062
Renter-Occupied Housing Units 42.1% 37.6% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.52 2.25 2.49
Average # of Bedrooms Per Unit 1.64 2.66 2.75
Percent of Income Spent on Rent 26.06% 29.76% 29.83%
Per Capita Income $187,336 $43,761 $34,103
Median Household Income $332,190 $111,498 $88,607
Living Below the Poverty Line 2.5% 7.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 02110

In ZIP Code 02110 (Boston, MA), and estimated 42.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 02110 is estimated at $187,336, which goes along with an estimated median household income of $332,190. About 2.5% of residents in this Suffolk County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.52 occupants, while the units have an aggregate average size of 1.64 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.06% of their income on housing rental costs.

Rental FAQs for ZIP Code 02110

1

What is the median monthly rent in ZIP Code 02110?

Median rent for housing in ZIP Code 02110 in Suffolk County in Massachusetts is approximately $2,960 per month.
2

Is it expensive to rent in ZIP Code 02110?

Rent in ZIP Code 02110 is higher than average in the state of Massachusetts overall. The median monthly rent of $2,960 in ZIP Code 02110 is approximately 131% higher than the Massachusetts median of $1,282. Additionally, median rent in this Boston, MA region ($2,960) is about 179% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 02110?

High-priced rentals are more common in ZIP Code 02110 than in Massachusetts overall. The percentage of rentals in ZIP Code 02110 that cost $3,000 or more per month (48.3%) is about 1023% 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 1913% lower than the aforementioned 02110 rate of 48.3%.
4

Are affordable rentals common in ZIP Code 02110?

Affordable rentals are less common in ZIP Code 02110 than in Massachusetts overall. The percentage of housing rentals in ZIP Code 02110 costing $999 or less per month (16%) is approximately 53% 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 65% higher than the previously mentioned 02110 rate of 16%.
5

What is the most common cost range that rentals fall into in ZIP Code 02110?

The most common range for rental cost in ZIP Code 02110 is $3,000 or more per month. About 48.3% of renters in 02110 pay in this range for monthly rent. In comparison, approximately 4.3% of renters in the state of Massachusetts fall in the $3,000 or more range, and 2.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 02110 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 02110 is lower than the rental vacancy rate in the state of Massachusetts overall. Rental vacancy of 0.0% in ZIP Code 02110 is about 100% lower than the Massachusetts rate of 3.6%. Looking more broadly, rental vacancy in this Boston, MA region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 02110? How does it compare to other Massachusetts regions?

Median household income in ZIP Code 02110 is higher than in the state of Massachusetts overall. Annual household income of $142,869 in ZIP Code 02110 is about 76% higher than the Massachusetts median of $81,215. Additionally, median household income in this Boston, MA region ($142,869) is approximately 127% 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 02110 spend on housing costs?

Renters in ZIP Code 02110 spend a lower amount of their income on rent costs than do renters in Massachusetts overall. Renters in ZIP Code 02110 spend an estimated 26.06% of their income on rent payments, which is about 12% 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 13% higher than the ZIP Code 02110 estimated rate of 26.06%.
9

Do renters in ZIP Code 02110 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 02110 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 02110 spending 30 percent or more of their income on rent costs (43.1%) is approximately 13% 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 13% higher than the aforementioned 02110 rate of 43.1%.
10

What is the average household size of renter-occupied units in ZIP Code 02110?

The average household size of renter-occupied units in ZIP Code 02110 is lower than in the state of Massachusetts overall. Annual household size of 1.52 in ZIP Code 02110 is about 32% lower than the Massachusetts median of 2.25. Additionally, median household size in this Boston, MA region (1.52) is approximately 39% lower than median household size of 2.49 in the U.S. as a whole.

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