Real Estate Investing in Lawrence, Massachusetts (01841)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01841 (Lawrence, 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.
- Higher unemployment: 7.4% unemployment — tenant risk signal.
What’s happening in Lawrence, MA (01841)?
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Market Analysis: 01841 Lawrence
The 01841 ZIP in Lawrence, MA is a local-operator market. Outside capital chasing a $495K entry has to pair deep knowledge with the discount.
For an experienced owner, 01841 can be a a viable market for hunting ground — but the discount at $495K reflects genuine risk that outside investors often underestimate.
The gap between 01841 and stronger Lawrence ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 01841 includes headwinds that any investor should price in. Income distribution skews lower than Lawrence averages, and tenant stability requires active management.
Strategy in 01841 is an operator game, not a passive one. On balance, entry prices of $495K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lawrence:
Property Strategy for 01841
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $226,558 | $1,530 | 4.9% | +10.5% | $226,558 |
| 2BR | $332,290 | $2,010 | 4.4% | +10.0% | $166,145 |
| 3BR | $475,471 | $2,410 | 3.6% | +8.9% | $158,490 |
| 4BR | $530,832 | $2,660 | 3.6% | +8.5% | $132,708 |
| 5BR | $674,472 | — | — | +10.1% | $134,894 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01841 Compare?
| Metric | 01841 | Lawrence | Massachusetts |
|---|---|---|---|
| Home Value | $494,591 | $477,015 | $645,115 |
| 5-Year CAGR | 6.6% | 6.8% | 7.0% |
| Avg Rent | $2,245 | $2,344 | - |
| Cap Rate | 3.5% | 3.9% | - |
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 01841 (Lawrence, MA). Anonymous, moderated, never written by AI.
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Property managers serving Essex County
Manage rentals here? List your business →MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website
CNR Property Management provides expert property management and maintenance solutions. summary from their website
This domain is for sale for $2,295 or monthly payments. 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 | $494,591 |
| Monthly Rent | $2,245 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 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 (3.5%). 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 01841
Population: 52,761
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 01841
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
Frequently Asked Questions
What are vacancy rates like in Lawrence, MA?
Lawrence, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.
What is the typical rental rate in Lawrence, MA?
The typical rental in Lawrence, MA commands about $2,245/mo monthly. That rent profile reliable cash flow against the $495K purchase basis.
How do home values compare in Lawrence, MA?
Homes in Lawrence, MA typically sell near $495K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What investment strategy works best in Lawrence, MA?
In Lawrence, MA the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $495K prices and $2,245/mo rents suits that approach.
What is the investability score for Lawrence, MA?
Yes - Lawrence, MA a 3.0/5 investability score. With $495K home prices against $2,245/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 01841 now. You don’t know where it ranks.
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How 01841 ranks in Boston-Cambridge-Newton, MA-NH
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