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Housing market/Massachusetts/ZIP 02460

ACS 2023 · FY2027 SAFMR

ZIP 02460 Newtonville, Massachusetts

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
10,033
Households
3,972
Median HH income
$154,329
Renter share
40.9%
Median gross rent
$2,606
Vacancy
4.8%
Pop. change
+2.9%
2BR SAFMR
$3,530
SAFMR / rent
1.355×
2–49 unit stock
1,783
LIHTC proj / units
1 / 100
HUD assisted MF
1 / 8

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 02460 · MA — sent to you.

ZIP 02460 · MA

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ACS rent vs 2BR SAFMR

ZIP 02460 — Newtonville, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$2,606
2BR SAFMR$3,530
90% floor$3,177
110% ceiling$3,883

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 02460

  • 1-unit detached1,88745.2%
  • 1-unit attached2806.7%
  • 2–4 units1,44034.5%
  • 5–49 units3438.2%
  • 50+ units2215.3%
TypeUnitsShare
1-unit detached1,88745.2%
1-unit attached2806.7%
2 units (duplex)1,09026.1%
3–4 units3508.4%
5–9 units1864.5%
10–19 units972.3%
20–49 units601.4%
50+ units2215.3%
Mobile00.0%

2–4 unit share 34.5% · 5–49 unit share 8.2% · combined 2–49 42.7%.

Units by bedrooms

Studio
63
1BR
538
2BR
933
3BR
1,220
4BR
842
5+
575

Rent burden

Rent ≥30% of income37.8%
Rent ≥50% of income19.9%
  • ACS median gross rent $2,606 (all bedrooms, occupied rentals).
  • Median contract rent $2,338.
  • Renters paying ≥30% of income 37.8%; ≥50% 19.9%.
  • FY2027 2BR SAFMR $3,530 (1.355× ACS median gross rent).

Population

10,033 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 100 units.
  • HUD project-based assisted MF: 1 properties, 8 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,372 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 02460 40.9% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $2,606; population increased +2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,440 units in 2–4-unit structures and 343 units in 5–49-unit structures; 1 LIHTC projects totaling 100 units; FY2027 2BR SAFMR is $3,530 versus ACS median gross rent of $2,606. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Massachusetts research

ZIP 02460 is a Census / HUD profile for Boston-Cambridge-Quincy, MA-NH, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 02460 — Newtonville, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
01464Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area17.7%$1,189$2,65001469Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area15.7%$1,121$2,65001474Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area17.3%$2,368$3,40001701Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area21.8%$1,973$2,82001702Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area65.7%$1,822$2,81001703Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area——$3,05001704Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area——$3,05001718Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area3.7%—$2,66001719Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area22.7%$1,816$2,65001720Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area24.6%$1,908$2,66001721Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area24.5%$2,334$3,34001731Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area100.0%$3,501$4,510

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Massachusetts research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 02460?

ZIP 02460 (Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area) has 10,033 residents, 3,972 households, a renter share of 40.9%, median household income of $154,329, and ACS 2023 median gross rent of $2,606. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02460?

ACS counts 1,090 units in 2-unit buildings, 350 in 3–4 unit buildings, 186 in 5–9, 97 in 10–19, and 60 in 20–49. Combined 2–49 unit stock is 1,783 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02460?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,530. See the full schedule and 90–110% payment-standard band on the ZIP 02460 — Newtonville, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 02460 is Census / HUD research for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Jeff Crowe CRE does not list Massachusetts property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.