Real Estate Investing in Winthrop, Massachusetts (02152)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Suffolk County • Population: 18,807 • Data updated: September 2026

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Should you buy in 02152 (Winthrop, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Winthrop, MA (02152)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $697,580
Avg Monthly Rent $2,714
1% Rule ✗ Does Not Meet
Median Income $98,901
% Renters 43.1%

Market Analysis: 02152 Winthrop

Investors eyeing 02152 need to respect the fundamentals at play. Home values of $698K come alongside slower price movement and elevated management overhead.

The 02152 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Within MA, ZIP 02152 trails on several market indicators that neighboring Suffolk County submarkets outperform. The gap is real and resilient enough to shape underwriting.

Demographically, 02152 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 02152 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Winthrop:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
18/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.1× the median income
Value Trend
Stable (+2.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,714/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 02152

Which property type performs best in this market?

Best for Cash Flow
2BR
3.7% cap rate
Best for Appreciation
5BR
+5.8% 5yr CAGR
Best Overall Value
5BR
$182,391/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $464,950 $2,210 3.4% +4.7% $464,950
2BR $508,598 $2,620 3.7% +5.6% $254,299
3BR $716,903 $3,140 3.2% +5.7% $238,968
4BR $818,737 $3,470 3.1% +5.6% $204,684
5BR $911,957 +5.8% $182,391

Market Trends

Home Value History (with trend line)

$733K$635K$537K$438K$340K$242KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,852$2,694$2,535$2,377$2,218$2,060Jun 2022Jul 2024Jul 2026

📊 How Does 02152 Compare?

Metric 02152 Winthrop Massachusetts
Home Value $697,580 $697,580 $645,115
5-Year CAGR 3.9% 3.9% 7.0%
Avg Rent $2,714 $2,714 -
Cap Rate 3.0% 3.0% -
💡 Why Invest in 02152? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 43% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 02152 (Winthrop, 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

HOASmall multifamily
Unclaimed — is this your business? Claim it free

First Realty Management provides real estate management services for condominiums and commercial properties. summary from their website

HOACommercial
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MerGo Group offers property management and vacation rental management services in the Boston Metro Area. summary from their website

Short-term rentals
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+3.9%
Moderate

📊 Market Snapshot

Home Value $697,580
Monthly Rent $2,714
Price-to-Rent 21.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 7.0%

📈 Home Appreciation

1-Year +2.8% ▲
3-Year CAGR +3.9% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year +8.4% ▲
3-Year CAGR +6.1% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

Vacancy
6.5%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+3.9%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 02152

Population: 18,807

💰 Median Household Income
$98,901
This area
$98,901
State
$107,356
USA
$74,580
🏠 Renter Occupied
43.1%
This area
43.1%
State
28.1%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-8.0%
USA
3.7%
🎓 College Educated
43.7%
This area
43.7%
State
32.1%
USA
33.7%
👤 Median Age
44.7 years
This area
44.7 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
6.5%
This area
6.5%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 78.9%
Other/Mixed 15.6%
Hispanic/Latino 11.3%
Black/African American 3.9%
Asian 1.6%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
20.1%
This area
20.1%
USA
17.3%
📊 Poverty Rate
6.6%
This area
6.6%
USA
11.5%

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 02152

A+ Avg School Grade
4 Schools
12.4:1 Avg Class Size
$24,281 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Arthur T. Cummings Elementary School

📚 03 – 05 Elementary
👥
443 Students
👨‍🏫
11.8:1 Class Size
💰
$24,281 Per Student
A+ Excellent

Winthrop Middle School

📚 06 – 08 Middle
👥
423 Students
👨‍🏫
11.2:1 Class Size
💰
$24,281 Per Student
A+ Excellent

William P. Gorman/Fort Banks Elementary

📚 Pre-K – 02 Elementary
👥
504 Students
👨‍🏫
12.8:1 Class Size
💰
$24,281 Per Student
A+ Excellent

Winthrop High School

📚 09 – 12 High School
👥
595 Students
👨‍🏫
13.9:1 Class Size
💰
$24,281 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Bradley Elementary School

📚 Pre-K – 06 School
📍 110 Beachview Road, East Boston
👥
300 Students
👨‍🏫
10.7:1 Class Size
💰
$47,393 Per Student
A+ Excellent

Edgar A Hooks Elementary

📚 01 – 04 Elementary
📍 300 Crescent Avenue, Chelsea
👥
453 Students
👨‍🏫
11.3:1 Class Size
💰
$25,736 Per Student
A+ Excellent

Eugene Wright Science and Technology Academy

📚 05 – 08 School
📍 180 Walnut Street, Chelsea
👥
443 Students
👨‍🏫
10.1:1 Class Size
💰
$25,736 Per Student
A+ Excellent

Joseph A. Browne School

📚 05 – 08 School
📍 180 Walnut Street, Chelsea
👥
485 Students
👨‍🏫
10.1:1 Class Size
💰
$25,736 Per Student
A+ Excellent

Mario Umana Academy

📚 Pre-K – 08 School
📍 312 Border Street, East Boston
👥
632 Students
👨‍🏫
10.5:1 Class Size
💰
$47,393 Per Student
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

8 Nearby 3,776 Off-Campus Students
C
MGH Institute of Health Professions
1,484 students · 3.7 mi
C+
North Bennet Street School
151 students · 3.9 mi
D
University of Massachusetts-Central Office
0 students · 4.3 mi
C+
Suffolk University
6,697 students · 4.3 mi
C+
Sattler College
58 students · 4.3 mi
D
Empire Beauty School-Boston
68 students · 4.4 mi
C
Bunker Hill Community College
8,545 students · 4.5 mi
D
Urban College of Boston
728 students · 4.6 mi

Investor Insight: With 3,776 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the median home value in Winthrop, MA?

Expect median prices around $698K in Winthrop, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

Is Winthrop, MA good for landlords?

For rental operators, Winthrop, MA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

Is the tenant base reliable in Winthrop, MA?

The renter base in Winthrop, MA is reasonable for the $2,714/mo price point. Screening well and pricing to market typically yields predictable tenants.

Can owner-occupants cash flow in Winthrop, MA?

Winthrop, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $698K price point reasonable to enter.

How much do tenants pay in Winthrop, MA?

Expect rents around $2,714/mo per month in Winthrop, MA. With home values at $698K, the yield math works out to reasonable levels for rental investors.

You know 02152 now. You don’t know where it ranks.

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How 02152 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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