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Lowell, MA

Full City Profile · Massachusetts · Middlesex County County

3.0 /5.0
B Good
114,799 Population 8,435/sq mi density
$76,205 Median Income $36,138 per capita
$395,100 Home Value $471,792 Zillow
$1,603 Median Rent 30.9% income on rent
51°F Avg Temperature 258 sunny days/yr
363 Violent Crime/100K 1,483 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$76,205 median income, 3.6% unemployment
B+
Affordability
3.8 / 5.0
$395,100 home value, $1,603/mo rent
F
Safety
1.0 / 5.0
363 violent crimes/100K
B
Education
3.4 / 5.0
29.9% bachelor's degree or higher

Housing Overview

Median Home Value
$395,100
40% above
US avg: $281,900
Median Rent
$1,603/mo
38% above
US avg: $1,163/mo
Homeownership Rate
44.0%
33% below US avg (65.4%)
Total Housing Units
43,975
Median year built: 1951

Home Value by Source

Census Median
$395,100
Zillow (ZHVI)
$471,792
Median Sale Price
$497,500
Median List Price
$400,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

44.0%
Owner-Occupied
56.0%
Renter-Occupied
44%
56%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,603/mo · Zillow rent: $2,262/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
50
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$291
Active Inventory
80
homes for sale

Affordability & Housing Stock

Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
44.0%

Complete Housing Data

Home Values

Census Median Value$395,100
Zillow Home Value (ZHVI)$471,792
Median Sale Price$497,500
Median List Price$400,000
Price Per Sq Ft$291

Rent

Census Median Rent$1,603
Zillow Rent (ZORI)$2,262
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market29
Sale-to-List Ratio1.0%
Price Drops15.0%
Homes Sold50
Active Inventory80
Price Per Sq Ft$291

Ownership & Stock

Owner-Occupied44.0%
Renter-Occupied56.0%
Homeownership Rate44.0%
Total Housing Units43,975
Median Year Built1951
Rent Burden30.9%