Real Estate Investing in Warren, Massachusetts

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

2 ZIP codes • Population: 7,688 • Worcester County

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

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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.

What’s happening in Warren, MA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 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 $391,092
Avg Monthly Rent $1,512
ZIP Codes 2

Investing in Warren Real Estate

Warren (Massachusetts) spans 2 ZIPs and roughly a sizable population. decisively the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Across Warren's 2 ZIPs, fundamentals run muted: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

clearly Warren's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

A an established population with $N/AK household income profile is what makes Warren a challenging rental market — the tenant base is present, but the affordability math is tight.

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

Warren 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
$391,092
Avg Monthly Rent
$1,512
1% Rule
✗ Below
Landlord Friendly (MA)

ZIP Codes in Warren, MA

Screen every ZIP in Warren

Filter Warren’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 Warren, MA

Where do home prices stand in Warren, MA?

Homes in Warren, MA typically sell near $391K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

What is the renter demographic in Warren, MA?

Expect a solid tenant pool in Warren, MA. The rental market absorbs $1,512/mo rents without meaningful friction.

How landlord-friendly is Warren, MA?

Warren, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

Is Warren, MA suited for a house hack?

Warren, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $391K price point reasonable to enter.

Is vacancy a concern in Warren, MA?

Warren, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.

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