Real Estate Investing in Billerica, Massachusetts (01821)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01821 (Billerica, 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.
What’s happening in Billerica, MA (01821)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01821 Billerica
ZIP 01821 inside Middlesex County looks affordable on the surface — median value of $711K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 01821 can be a a strong candidate for hunting ground — but the discount at $711K reflects genuine risk that outside investors often underestimate.
In the broader MA picture, 01821 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 01821 ZIP's population of 30,203 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Billerica:
Property Strategy for 01821
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $277,383 | $2,240 | 5.8% | +5.7% | $277,383 |
| 2BR | $512,614 | $2,940 | 4.1% | +7.0% | $256,307 |
| 3BR | $679,722 | $3,530 | 3.7% | +6.4% | $226,574 |
| 4BR | $769,185 | $3,890 | 3.6% | +6.4% | $192,296 |
| 5BR | $835,900 | — | — | +6.7% | $167,180 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01821 Compare?
| Metric | 01821 | Billerica | Massachusetts |
|---|---|---|---|
| Home Value | $710,623 | $719,621 | $645,115 |
| 5-Year CAGR | 4.9% | 4.8% | 7.0% |
| Avg Rent | $2,767 | $2,740 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 01821 (Billerica, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 01821 (Billerica, MA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Middlesex County
Manage rentals here? List your business →Green Ocean Property Management offers investment property management and condo association management services in Boston and surrounding areas like Allston, Brighton, Cambridge, and Quincy. summary from their website
McDonough Property Management offers full-service property management and HOA management in the Greater Boston Area, covering maintenance, inspections, legal compliance, and communication. summary from their website
New England Property Management & Maintenance offers property management for multi/single-family homes, apartments, rental properties, and condo associations in Brookline, MA and Cambridge, MA. 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 | $710,623 |
| Monthly Rent | $2,767 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 01821
Population: 30,203
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 01821
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Hajjar Elementary
Frederick J Dutile
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 2,329 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Billerica, MA?
The typical rental in Billerica, MA commands about $2,767/mo monthly. That rent profile stable cash flow against the $711K purchase basis.
What is the typical home price in Billerica, MA?
Billerica, MA home values average about $711K. That price point suits investors targeting rentals with $2,767/mo in monthly income.
What are vacancy rates like in Billerica, MA?
Expect elevated vacancy in Billerica, MA. Rents at $2,767/mo are absorbed by the tenant base without meaningful lag.
Are eviction rules reasonable in Billerica, MA?
The landlord environment in Billerica, MA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What investment strategy works best in Billerica, MA?
The best-fit strategy in Billerica, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 01821 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01821 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.
How 01821 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 01821 (Billerica)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 01821 (Billerica, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.