Real Estate Investing in Montague, Massachusetts (01351)

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

Franklin County • Population: 2,644 • Data updated: September 2026

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Should you buy in 01351 (Montague, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Montague, MA (01351)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $404,873
Avg Monthly Rent $1,908
1% Rule ✗ Does Not Meet
Median Income $96,389
% Renters 19.2%

Market Analysis: 01351 Montague

ZIP 01351 in Montague, MA carries a notable set of headwinds. Home values near $405K and rents of $1,908/mo sit inside a market where underwriting has to be tight.

The investment case in 01351 is sturdy only for operators who understand what they are buying. A $405K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Montague have seen price recovery that 01351 has not matched. Franklin County data supports the view that the spread is structural rather than temporary.

The demographic picture in 01351 includes headwinds that any investor should price in. Income distribution skews lower than Montague averages, and tenant stability requires active management.

Strategy in 01351 is an operator game, not a passive one. From a cash-flow lens, entry prices of $405K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Montague:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+6.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,908/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Springfield, MA Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
10.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Springfield, MA metro data
🏠

Property Strategy for 01351

Which property type performs best in this market?

Best for Cash Flow
2BR
4.9% cap rate
Best for Appreciation
3BR
+8.0% 5yr CAGR
Best Overall Value
4BR
$110,495/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $312,849 $2,120 4.9% +7.7% $156,424
3BR $397,561 $2,540 4.6% +8.0% $132,520
4BR $441,980 $2,810 4.6% +7.6% $110,495

Market Trends

Home Value History (with trend line)

$423K$371K$320K$269K$217K$166KJul 2006Jul 2016Jul 2026

📊 How Does 01351 Compare?

Metric 01351 Montague Springfield, MA Massachusetts
Home Value $404,873 $404,873 N/A $645,115
5-Year CAGR 6.4% 6.4% N/A 7.0%
Avg Rent $1,908 $1,908 N/A -
Cap Rate 3.7% 3.7% - -
💡 Why Invest in 01351? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 01351 (Montague, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+6.4%
Strong

📉 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
29%
Days Pending
0/2
30 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $404,873
Monthly Rent $1,908
Price-to-Rent 17.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.7%
Cap Rate 3.7%
5-Year IRR 10.1%

📈 Home Appreciation

1-Year +6.8% ▲
3-Year CAGR +5.2% ▲
5-Year CAGR +6.4% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
3.7%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.4%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 01351

Population: 2,644

💰 Median Household Income
$96,389
This area
$96,389
State
$107,356
USA
$74,580
🏠 Renter Occupied
19.2%
This area
19.2%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-8.0%
USA
3.7%
🎓 College Educated
43.2%
This area
43.2%
State
32.1%
USA
33.7%
👤 Median Age
44.0 years
This area
44.0 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
3.7%
This area
3.7%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 96.6%
Other/Mixed 2.3%
Hispanic/Latino 2.2%
Black/African American 1.1%
👶 Under 18
22.0%
This area
22.0%
USA
22.0%
👴 65 and Over
21.5%
This area
21.5%
USA
17.3%
📊 Poverty Rate
3.9%
This area
3.9%
USA
11.5%

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 01351

A+ Avg School Grade
2 Schools
9.4:1 Avg Class Size
$31,689 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Great Falls Middle

📚 06 – 08 Middle
👥
237 Students
👨‍🏫
9.9:1 Class Size
💰
$31,689 Per Student
A+ Excellent

Turners Fall High

📚 09 – 12 High School
👥
202 Students
👨‍🏫
9.0:1 Class Size
💰
$31,689 Per Student
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

4 Nearby 640 Off-Campus Students
C
Greenfield Community College
1,544 students · 6.9 mi
B+
University of Massachusetts-Amherst
31,810 students · 10.8 mi
B+
Amherst College
1,910 students · 11.7 mi
C
Hampshire College
717 students · 14.9 mi

Investor Insight: With 640 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the investability score for Montague, MA?

Investors tracking Montague, MA will find a 3.0/5 rating supported by $405K median home values and $1,908/mo rents. That profile suits long-term holders targeting predictable returns.

What is the typical rental rate in Montague, MA?

Average rent in Montague, MA is approximately $1,908/mo per month. Against $405K home values that yields a reasonable rent-to-price ratio.

Is the tenant base reliable in Montague, MA?

Expect a solid tenant pool in Montague, MA. The rental market absorbs $1,908/mo rents without meaningful friction.

What kind of vacancy should I budget for in Montague, MA?

Vacancy in Montague, MA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,908/mo.

Does a duplex house hack pencil in Montague, MA?

The house hack math a challenging in Montague, MA. Owner-occupant buyers benefit from the $1,908/mo rents and $405K home values.

You know 01351 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01351 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 01351 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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