Real Estate Investing in Oakham, Massachusetts

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,623 • Worcester County

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Should you buy in Oakham, MA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.1% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.0% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $487,773
Avg Monthly Rent $1,737
ZIP Codes 1

Investing in Oakham Real Estate

This is a distressed-leaning corner of Massachusetts: Oakham has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering Oakham, MA should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Transaction volume in Oakham has thinned in a way that amplifies price discovery risk. From an investor standpoint, investors without local context should treat every number on the page with skepticism.

The 0% renter share in Oakham masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Worcester, MA-CT

Oakham is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Worcester County

Manage rentals here? List your business →

Ruane Property Management LLC offers commercial and residential property management services. summary from their website

Commercial
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AP Services MA offers services to build, manage, and maintain properties. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$487,773
Avg Monthly Rent
$1,737
1% Rule
✗ Below
Landlord Friendly (MA)

ZIP Codes in Oakham, MA

Screen every ZIP in Oakham

Filter Oakham’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Oakham, MA

How does Oakham, MA rate as a rental market?

Oakham, MA posts an investability rating of 3.0/5, with median home values near $488K and average rents around $1,737/mo. That combination puts it in the solid tier for investor interest.

How strong is tenant demand in Oakham, MA?

The renter base in Oakham, MA is reasonable for the $1,737/mo price point. Screening well and pricing to market typically yields reliable tenants.

Which real estate strategy fits Oakham, MA?

Most investors in Oakham, MA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Can I live-in-and-rent in Oakham, MA?

House hacking in Oakham, MA is reasonable to execute. Prices around $488K and rents of $1,737/mo solid owner-occupant economics.

How tight is the rental market in Oakham, MA?

Occupancy in Oakham, MA runs stable with elevated vacancy. Well-priced units at $1,737/mo lease on reasonable timelines.

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