Real Estate Investing in Franklin County, Massachusetts

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

30 ZIP codes • Population: 71,601

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

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: 9.0% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Franklin County, MA?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.1% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability ★★★★★
Avg Home Value $347,045
Avg Monthly Rent $1,732
ZIP Codes 30

Investing in Franklin County Real Estate

Across Franklin County's 30 ZIPs, the picture is underwhelming — soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Across Franklin's 30 ZIPs, the investment landscape runs subdued: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Population dynamics in Franklin haven't been supportive. Combined with modest income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Franklin County, MA. Anonymous, moderated, never written by AI.

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Avg Home Value
$347,045
Avg Monthly Rent
$1,732
1% Rule
✗ Below
Landlord Friendly (MA)
★☆☆☆☆

📉 Market Crash Risk Index

Based on Springfield, MA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
28%
Days Pending
0/2
31 days

View all metro crash risk rankings →

🎓 Colleges & Universities in Franklin County

1 College 1,544 Students 386 Off-Campus Renters
C
Greenfield Community College
2-Year Public · 1,544 students
📍 ~386 students rent off-campus

Cities in Franklin County

ZIP Codes in Franklin County, MA

01301 ★ ★ ★ ★ ★
Greenfield
Population 17,876
Avg Home $333,920
Avg Rent $2,089/mo
01364 ★ ★ ★ ★ ★
Orange
Population 7,668
Avg Home $322,090
Avg Rent $1,550/mo
01376 ★ ★ ★ ★ ★
Turners Falls
Population 5,032
Avg Home $327,646
Avg Rent $1,575/mo
01373 ★ ★ ★ ★ ★
South Deerfield
Population 4,784
Avg Home $462,495
Avg Rent $1,710/mo
01375 ★ ★ ★ ★ ★
Sunderland
Population 3,653
Avg Home $484,884
Avg Rent $1,845/mo
01370 ★ ★ ★ ★ ★
Shelburne
Population 3,641
Avg Home $413,141
Avg Rent $1,512/mo
01360 ★ ★ ★ ★ ★
Northfield
Population 2,875
Avg Home $374,907
Avg Rent $1,737/mo
01351 ★ ★ ★ ★ ★
Montague
Population 2,644
Avg Home $394,409
Avg Rent $1,908/mo
01337 ★ ★ ★ ★ ★
Bernardston
Population 2,515
Avg Home $386,190
Avg Rent $1,620/mo
01354 ★ ★ ★ ★ ★
Gill
Population 1,831
Avg Home $371,754
Avg Rent $1,782/mo
01340 ★ ★ ★ ★ ★
Colrain
Population 1,807
Avg Home $319,001
Avg Rent $1,521/mo
01330 ★ ★ ★ ★ ★
Ashfield
Population 1,711
Avg Home $425,078
Avg Rent $1,278/mo
01054 ★ ★ ★ ★ ★
Leverett
Population 1,704
Avg Home $518,541
Avg Rent $2,061/mo
01039 ★ ★ ★ ★ ★
Whately
Population 1,660
Avg Home $460,564
Avg Rent $2,268/mo
01344 ★ ★ ★ ★ ★
Erving
Population 1,639
Avg Home $336,858
Avg Rent $1,323/mo
01341 ★ ★ ★ ★ ★
Conway
Population 1,605
Avg Home $465,155
Avg Rent $2,322/mo
01072 ★ ★ ★ ★ ★
Shutesbury
Population 1,447
Avg Home $433,095
Avg Rent $2,295/mo
01339 ★ ★ ★ ★ ★
Hawley
Population 1,361
Avg Home $337,564
Avg Rent $1,503/mo
01342 ★ ★ ★ ★ ★
Deerfield
Population 1,313
Avg Home $457,909
Avg Rent $2,214/mo
01355 ★ ★ ★ ★ ★
New Salem
Population 963
Avg Home $405,109
Avg Rent $1,521/mo
01378 ★ ★ ★ ★ ★
Warwick
Population 861
Avg Home $340,880
Avg Rent $1,485/mo
01349 ★ ★ ★ ★ ★
Millers Falls
Population 753
Avg Home $335,557
Avg Rent $1,665/mo
01379 ★ ★ ★ ★ ★
Wendell
Population 742
Avg Home $317,242
Avg Rent $1,692/mo
01367 ★ ★ ★ ★ ★
Rowe
Population 574
Avg Home $351,362
Avg Rent $1,359/mo
01346 ★ ★ ★ ★ ★
Heath
Population 453
Avg Home $158,733
Avg Rent $1,512/mo
01093 ★ ★ ★ ★ ★
Whately
Population 149
Avg Home $503,233
Avg Rent $1,953/mo
01338 ★ ★ ★ ★ ★
Buckland
Population 79
Avg Home $374,036
Avg Rent $1,476/mo

Screen every market in Franklin County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Franklin County

Is, MA better for rentals, flips, or BRRRR?

The best-fit strategy in, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Are tenants stable in, MA?

Expect a solid tenant pool in, MA. The rental market absorbs $1,732/mo rents without meaningful friction.

What is the investability score for, MA?

With a 3.0/5 investability score, MA ranks as a solid market for rental property investors. Median prices of $347K and rents of $1,732/mo drive the underlying numbers.

How do landlord-tenant laws work in, MA?

Landlord-friendliness in, MA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Community Ratings

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