Real Estate Investing in Billerica, Massachusetts (01862)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01862 (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 (01862)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01862 Billerica
Stepping back, ZIP 01862 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $729K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 01862 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 01862 sits on the difficult end of the MA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
A notable renter share of 27% in 01862 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 01862 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Billerica:
Property Strategy for 01862
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $599,003 | $2,470 | 3.0% | +6.5% | $299,502 |
| 3BR | $701,851 | $2,960 | 3.0% | +7.0% | $233,950 |
| 4BR | $931,293 | $3,270 | 2.5% | +7.0% | $232,823 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01862 Compare?
| Metric | 01862 | Billerica | Massachusetts |
|---|---|---|---|
| Home Value | $728,620 | $719,621 | $645,115 |
| 5-Year CAGR | 4.7% | 4.8% | 7.0% |
| Avg Rent | $2,712 | $2,740 | - |
| Cap Rate | 2.9% | 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 01862 (Billerica, MA). Anonymous, moderated, never written by AI.
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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 | $728,620 |
| Monthly Rent | $2,712 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.9%). 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 01862
Population: 11,703
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 01862
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Locke Middle
Marshall Middle School
John F Kennedy
Parker
Shawsheen Valley Vocational Technical High School
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 2,406 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Billerica, MA?
Billerica, MA median home values land near $729K. That is reasonable territory for investors looking at $2,712/mo-per-month rentals.
How does Billerica, MA rate as a rental market?
Yes - Billerica, MA a 3.0/5 investability score. With $729K home prices against $2,712/mo monthly rent, the market delivers a reasonable entry point for new investors.
How deep is the rental pool in Billerica, MA?
Tenant quality in Billerica, MA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $2,712/mo.
Is Billerica, MA good for landlords?
The landlord environment in Billerica, MA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the smart move for investors 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 01862 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01862 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 01862 ranks in Boston-Cambridge-Newton, MA-NH
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