Real Estate Investing in Boston, Massachusetts (02135)
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Should you buy in 02135 (Boston, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Boston, MA (02135)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02135 Boston
The 02135 ZIP in Boston, MA is a local-operator market. Outside capital chasing a $657K entry has to pair deep knowledge with the discount.
For an experienced owner, 02135 can be a a viable market for hunting ground — but the discount at $657K reflects genuine risk that outside investors often underestimate.
Meanwhile, 02135 offers a low basis, the region around Boston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 02135 includes headwinds that any investor should price in. Income distribution skews lower than Boston averages, and tenant stability requires active management.
The right play in 02135 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Boston:
Property Strategy for 02135
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $423,225 | $2,740 | 4.7% | +1.2% | $423,225 |
| 2BR | $551,190 | $3,250 | 4.2% | +1.5% | $275,595 |
| 3BR | $798,611 | $3,900 | 3.5% | +2.6% | $266,204 |
| 4BR | $949,892 | $4,300 | 3.3% | +1.3% | $237,473 |
| 5BR | $1,122,983 | — | — | +1.0% | $224,597 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02135 Compare?
| Metric | 02135 | Boston | Massachusetts |
|---|---|---|---|
| Home Value | $657,016 | $852,655 | $645,115 |
| 5-Year CAGR | 1.0% | 2.0% | 7.0% |
| Avg Rent | $3,064 | $3,489 | - |
| Cap Rate | 3.6% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02135 (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 | $657,016 |
| Monthly Rent | $3,064 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +6.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 02135
Population: 43,683
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 02135
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Amigos School
Bigelow Middle
Cunniff
Gardner Pilot Academy
Horace Mann
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 is the best play in Boston, MA?
A careful cash-flow rentals with hands-on management strategy Boston, MA best. The market produces consistent results for that approach at the $657K price point.
Where do home prices stand in Boston, MA?
In Boston, MA the median home value sits at $657K. Against the broader MA market, that reads as reasonable for most investors.
How quickly do rentals get leased in Boston, MA?
Boston, MA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strict are landlord regulations in Boston, MA?
MA law tenant-protective for landlords, and Boston inherits those rules. Investors should still review local ordinances for rental licensing.
How does Boston, MA stack up for property investment?
Boston, MA rates 2.0/5 for investability. With median values at $657K and rents near $3,064/mo, the market offers reasonable fundamentals for rental investors.
You know 02135 now. You don’t know where it ranks.
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How 02135 ranks in Boston-Cambridge-Newton, MA-NH
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