Real Estate Investing in Canton, Massachusetts (02021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02021 (Canton, 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 Canton, MA (02021)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02021 Canton
ZIP 02021 inside Norfolk County looks affordable on the surface — median value of $814K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 02021 is notable only for operators who understand what they are buying. A $814K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 02021 and stronger Canton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 02021 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
looks to 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 Canton:
Property Strategy for 02021
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $326,685 | $2,640 | 5.8% | +5.0% | $326,685 |
| 2BR | $557,097 | $3,140 | 4.1% | +6.5% | $278,548 |
| 3BR | $750,535 | $3,760 | 3.6% | +6.3% | $250,178 |
| 4BR | $1,060,163 | $4,160 | 2.8% | +7.2% | $265,041 |
| 5BR | $1,307,691 | — | — | +7.8% | $261,538 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02021 Compare?
| Metric | 02021 | Canton | Massachusetts |
|---|---|---|---|
| Home Value | $814,195 | $814,195 | $645,115 |
| 5-Year CAGR | 4.4% | 4.4% | 7.0% |
| Avg Rent | $2,905 | $2,905 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 02021 (Canton, MA). Anonymous, moderated, never written by AI.
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Property managers serving Norfolk County
Manage rentals here? List your business →Old Colony Property Services is a condominium and HOA property management company serving the Old Colony area of Southeastern Massachusetts, including Canton, Easton, Brockton, and Bridgewater. summary from their website
Bellevue Property Management is a home rental and property management company servicing Boston Metrowest, including Newton, Needham, Wellesley, Weston, Wayland, Natick, and Holliston. summary from their website
The Triad Group is a real estate and development company specializing in taking development projects from vision to reality across the United States and globally. 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 | $814,195 |
| Monthly Rent | $2,905 |
| Price-to-Rent | 23.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 02021
Population: 24,459
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 02021
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 657 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Canton, MA?
Canton, MA home values average about $814K. That price point suits investors targeting rentals with $2,905/mo in monthly income.
Which real estate strategy fits Canton, MA?
In Canton, MA the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $814K prices and $2,905/mo rents suits that approach.
What is the typical renter like in Canton, MA?
Expect a solid tenant pool in Canton, MA. The rental market absorbs $2,905/mo rents without meaningful friction.
Can I house hack in Canton, MA?
The a challenging house-hack environment in Canton, MA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is rental property easy to operate in Canton, MA?
Canton, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 02021 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02021 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 02021 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
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