Real Estate Investing in Shrewsbury, Massachusetts (01545)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01545 (Shrewsbury, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 25.4 — hard to cash-flow at these prices.
What’s happening in Shrewsbury, MA (01545)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01545 Shrewsbury
This part of Worcester County is not an easy win. The 01545 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 01545 can be a an appealing option for hunting ground — but the discount at $702K reflects genuine risk that outside investors often underestimate.
ZIP 01545's metrics run below Worcester County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 01545 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 01545 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Shrewsbury:
Property Strategy for 01545
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $267,382 | $2,180 | 5.9% | +8.2% | $267,382 |
| 2BR | $500,568 | $2,800 | 4.0% | +8.2% | $250,284 |
| 3BR | $616,958 | $3,470 | 4.0% | +8.2% | $205,653 |
| 4BR | $909,482 | $3,850 | 3.0% | +9.0% | $227,370 |
| 5BR | $1,059,132 | — | — | +9.2% | $211,826 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01545 Compare?
| Metric | 01545 | Shrewsbury | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $702,476 | $702,476 | N/A | $645,115 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.0% |
| Avg Rent | $2,303 | $2,303 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01545 (Shrewsbury, MA). Anonymous, moderated, never written by AI.
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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
AP Services MA offers services to build, manage, and maintain properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $702,476 |
| Monthly Rent | $2,303 |
| Price-to-Rent | 25.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | -3.6% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 01545
Population: 38,440
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 01545
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 2,266 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Shrewsbury, MA for real estate investors?
Shrewsbury, MA reports an investability rating of 3.0/5, with median home values near $702K and average rents around $2,303/mo. That combination puts it in the robust tier for investor interest.
What is the typical rental rate in Shrewsbury, MA?
Shrewsbury, MA rentals go for roughly $2,303/mo a month. That puts gross yield in solid territory relative to $702K acquisition costs.
Are there empty rentals in Shrewsbury, MA?
Rental vacancy in Shrewsbury, MA is elevated. Investors should budget normal turnover but not chronic empty units.
How do landlord-tenant laws work in Shrewsbury, MA?
Shrewsbury, MA operates under MA law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
What are home prices like in Shrewsbury, MA?
Expect median prices around $702K in Shrewsbury, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
You know 01545 now. You don’t know where it ranks.
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How 01545 ranks in Worcester, MA-CT
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