Real Estate Investing in Pittsfield, Massachusetts (01201)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01201 (Pittsfield, MA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Pittsfield, MA (01201)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01201 Pittsfield
Turning to rents, ZIP 01201 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $315K median. It rewards specialists, not generalists.
Rent of $1,592/mo on a $315K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01201 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Pittsfield have seen price recovery that 01201 has not matched. Berkshire County data supports the view that the spread is structural rather than temporary.
A significant renter share of 38% in 01201 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 01201 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pittsfield:
Property Strategy for 01201
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $195,031 | $1,310 | 4.8% | +8.9% | $195,031 |
| 2BR | $258,762 | $1,680 | 4.7% | +9.9% | $129,381 |
| 3BR | $306,622 | $2,180 | 5.1% | +9.1% | $102,207 |
| 4BR | $381,054 | $2,690 | 5.1% | +9.2% | $95,263 |
| 5BR | $467,610 | — | — | +9.5% | $93,522 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01201 Compare?
| Metric | 01201 | Pittsfield | Pittsfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $314,678 | $104,893 | N/A | $645,115 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.0% |
| Avg Rent | $1,592 | $1,592 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 01201 (Pittsfield, MA). Anonymous, moderated, never written by AI.
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Property managers serving Berkshire County
Manage rentals here? List your business →Posto Property offers premium vacation rentals in the Northeast. summary from their website
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📊 Market Snapshot
| Home Value | $314,678 |
| Monthly Rent | $1,592 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 01201
Population: 45,072
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 01201
Schools in This ZIP Code
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 625 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Pittsfield, MA?
Pittsfield, MA median home values land near $315K. That is reasonable territory for investors looking at $1,592/mo-per-month rentals.
What investment strategy works best in Pittsfield, MA?
Investors usually favor careful cash-flow rentals with hands-on management in Pittsfield, MA. With home values at $315K and rents near $1,592/mo, other strategies can work but produce even-keeled rather than outsized returns.
What kind of tenants rent in Pittsfield, MA?
The renter base in Pittsfield, MA is reasonable for the $1,592/mo price point. Screening well and pricing to market typically yields stable tenants.
Are landlord laws favorable in Pittsfield, MA?
Pittsfield, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How does Pittsfield, MA stack up for property investment?
With a 3.0/5 investability score, Pittsfield, MA ranks as a solid market for rental property investors. Median prices of $315K and rents of $1,592/mo drive the underlying numbers.
You know 01201 now. You don’t know where it ranks.
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How 01201 ranks in Pittsfield, MA
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