Real Estate Investing in Boston, Massachusetts (02129)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02129 (Boston, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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 Boston, MA (02129)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02129 Boston
ZIP 02129 inside Suffolk County looks affordable on the surface — median value of $1.0M — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.0M asset, 02129 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Boston have seen price recovery that 02129 has not matched. Suffolk County data supports the view that the spread is structural rather than temporary.
Resident income in 02129 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 02129 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Boston:
Property Strategy for 02129
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $631,084 | $3,380 | 3.9% | +2.3% | $631,084 |
| 2BR | $946,796 | $4,020 | 3.1% | +3.3% | $473,398 |
| 3BR | $1,466,900 | $4,820 | 2.4% | +5.3% | $488,967 |
| 4BR | $1,871,263 | $5,320 | 2.0% | +5.5% | $467,816 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02129 Compare?
| Metric | 02129 | Boston | Massachusetts |
|---|---|---|---|
| Home Value | $1,023,177 | $852,655 | $645,115 |
| 5-Year CAGR | 3.4% | 2.0% | 7.0% |
| Avg Rent | $3,627 | $3,489 | - |
| Cap Rate | 2.8% | 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 02129 (Boston, MA). Anonymous, moderated, never written by AI.
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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 | $1,023,177 |
| Monthly Rent | $3,627 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +3.8% ▲ |
🏠 Rent Trends
| 1-Year | +13.4% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
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 02129
Population: 19,994
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 02129
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Amigos School
Bradley Elementary School
Cambridge Street Upper School
Edgar A Hooks Elementary
Eugene Wright Science and Technology Academy
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 3,776 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Boston, MA?
Rents in Boston, MA run near $3,627/mo. Compared with median home prices of $1.0M that produces solid gross yields for typical rentals.
Which real estate strategy fits Boston, MA?
The best-fit strategy in Boston, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the investability score for Boston, MA?
Boston, MA registers an investability rating of 3.0/5, with median home values near $1.0M and average rents around $3,627/mo. That combination puts it in the substantial tier for investor interest.
Is Boston, MA good for landlords?
Boston, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What are home prices like in Boston, MA?
Median home price in Boston, MA is near $1.0M, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
You know 02129 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02129 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 02129 ranks in Boston-Cambridge-Newton, MA-NH
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