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Waltham, MA

Full City Profile · Massachusetts · Middlesex County County

3.5 /5.0
B+ Good
64,723 Population 5,076/sq mi density
$116,560 Median Income $58,065 per capita
$705,700 Home Value $802,136 Zillow
$2,232 Median Rent 27.4% income on rent
51°F Avg Temperature 246 sunny days/yr
163 Violent Crime/100K 816 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$116,560 median income, 2.5% unemployment
B
Affordability
3.3 / 5.0
$705,700 home value, $2,232/mo rent
F
Safety
1.0 / 5.0
163 violent crimes/100K
A+
Education
5.0 / 5.0
56.4% bachelor's degree or higher

Housing Overview

Median Home Value
$705,700
150% above
US avg: $281,900
Median Rent
$2,232/mo
92% above
US avg: $1,163/mo
Homeownership Rate
48.8%
25% below US avg (65.4%)
Total Housing Units
27,114
Median year built: 1961

Home Value by Source

Census Median
$705,700
Zillow (ZHVI)
$802,136
Median Sale Price
$774,383
Median List Price
$999,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.8%
Owner-Occupied
51.2%
Renter-Occupied
49%
51%
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: $2,232/mo · Zillow rent: $3,035/mo

Market Indicators (Redfin)

Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$427
Active Inventory
33
homes for sale

Affordability & Housing Stock

Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
48.8%

Complete Housing Data

Home Values

Census Median Value$705,700
Zillow Home Value (ZHVI)$802,136
Median Sale Price$774,383
Median List Price$999,500
Price Per Sq Ft$427

Rent

Census Median Rent$2,232
Zillow Rent (ZORI)$3,035
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 Market24
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold17
Active Inventory33
Price Per Sq Ft$427

Ownership & Stock

Owner-Occupied48.8%
Renter-Occupied51.2%
Homeownership Rate48.8%
Total Housing Units27,114
Median Year Built1961
Rent Burden27.4%