Real Estate Investing in Chicopee, Massachusetts (01013)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01013 (Chicopee, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Chicopee, MA (01013)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01013 Chicopee
The 01013 ZIP in Chicopee, MA is a local-operator market. Outside capital chasing a $324K entry has to pair deep knowledge with the discount.
The 01013 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Looking more closely, 01013 offers a low basis, the region around Chicopee has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On the rental side, 22,950 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Chicopee's stable or hybrid ZIPs before stepping into 01013. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Chicopee:
Property Strategy for 01013
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $188,032 | $1,280 | 4.9% | +9.3% | $188,032 |
| 2BR | $268,699 | $1,600 | 4.3% | +8.2% | $134,349 |
| 3BR | $312,208 | $1,960 | 4.5% | +7.4% | $104,069 |
| 4BR | $329,574 | $2,120 | 4.6% | +7.2% | $82,394 |
| 5BR | $387,756 | — | — | +7.7% | $77,551 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01013 Compare?
| Metric | 01013 | Chicopee | Springfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $324,289 | $299,112 | N/A | $645,115 |
| 5-Year CAGR | 5.8% | 6.4% | N/A | 7.0% |
| Avg Rent | $1,557 | $1,836 | N/A | - |
| Cap Rate | 3.7% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01013 (Chicopee, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $324,289 |
| Monthly Rent | $1,557 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 01013
Population: 22,950
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 01013
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Barry
Edward P. Boland School
Fairview Elementary
German Gerena Community School
Lincoln
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,948 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Chicopee, MA?
Rents in Chicopee, MA run near $1,557/mo. Compared with median home prices of $324K that produces solid gross yields for typical rentals.
Can I live-in-and-rent in Chicopee, MA?
Chicopee, MA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,557/mo rent level.
Which investment style suits Chicopee, MA?
Most investors in Chicopee, 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.
How do home values compare in Chicopee, MA?
Median home price in Chicopee, MA is near $324K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Chicopee in MA worth investing in?
Chicopee, MA scores 3.0/5 for investability. Home values sit at $324K and rents near $1,557/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 01013 now. You don’t know where it ranks.
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How 01013 ranks in Springfield, MA
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