Real Estate Investing in Boston, Massachusetts (02113)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02113 (Boston, MA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Boston, MA (02113)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02113 Boston
Investors eyeing 02113 need to respect the fundamentals at play. Home values of $744K come alongside slower price movement and elevated management overhead.
The 02113 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 02113 sits on the difficult end of the MA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 02113 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Boston's stable or hybrid ZIPs before stepping into 02113. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Boston:
Property Strategy for 02113
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $562,636 | $3,030 | 3.9% | +1.5% | $562,636 |
| 2BR | $807,172 | $3,600 | 3.2% | +1.1% | $403,586 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02113 Compare?
| Metric | 02113 | Boston | Massachusetts |
|---|---|---|---|
| Home Value | $743,973 | $852,655 | $645,115 |
| 5-Year CAGR | 2.1% | 2.0% | 7.0% |
| Avg Rent | $3,093 | $3,489 | - |
| Cap Rate | 3.2% | 3.1% | - |
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 02113 (Boston, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02113 (Boston, MA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Suffolk County
Manage rentals here? List your business →CHARLESGATE Property Management provides full-service, customized property management for condominiums, multifamily properties, and investment portfolios in the Greater Boston Area. summary from their website
First Realty Management provides real estate management services for condominiums and commercial properties. summary from their website
MerGo Group offers property management and vacation rental management services in the Boston Metro Area. 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 | $743,973 |
| Monthly Rent | $3,093 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +2.4% ▲ |
🏠 Rent Trends
| 1-Year | +19.3% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +9.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 02113
Population: 6,522
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 02113
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Amigos School
Blackstone Elementary School
Bradley Elementary School
Cambridge Street Upper School
Charlestown 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
Frequently Asked Questions
What kind of market is Boston, MA for investors?
The 3.0/5 investability rating in Boston, MA reflects its $744K prices and $3,093/mo rents. Investors generally consider it a solid option within MA.
What is the average monthly rent in Boston, MA?
Average rent in Boston, MA is approximately $3,093/mo per month. Against $744K home values that yields a reasonable rent-to-price ratio.
How strong is tenant demand in Boston, MA?
The renter base in Boston, MA is reasonable for the $3,093/mo price point. Screening well and pricing to market typically yields reliable tenants.
Do landlords face vacancy issues in Boston, MA?
Boston, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.
What approach is best for Boston, MA real estate?
In Boston, MA the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $744K prices and $3,093/mo rents suits that approach.
You know 02113 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02113 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 02113 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02113 (Boston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02113 (Boston, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.