Housing market/Massachusetts/ZIP 01501

ACS 2023 · FY2027 SAFMR

ZIP 01501 Auburn, Massachusetts

Worcester, MA 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
16,780
Households
6,822
Median HH income
$101,929
Renter share
19.9%
Median gross rent
$1,241
Vacancy
3.1%
Pop. change
+1.4%
2BR SAFMR
$1,860
SAFMR / rent
1.499×
2–49 unit stock
963
LIHTC proj / units
1 / 55
HUD assisted MF
1 / 30

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01501 · MA — sent to you.

ZIP 01501 · MA

ACS median rent$1,241
2BR SAFMR$1,860
90% floor$1,674
110% ceiling$2,046

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

Housing stock

ACS 2023 units-in-structure · ZCTA 01501

  • 1-unit detached5,19273.8%
  • 1-unit attached3004.3%
  • 2–4 units6098.7%
  • 5–49 units3545.0%
  • 50+ units2864.1%
  • Mobile2994.2%
TypeUnitsShare
1-unit detached5,19273.8%
1-unit attached3004.3%
2 units (duplex)1702.4%
3–4 units4396.2%
5–9 units1582.2%
10–19 units1181.7%
20–49 units781.1%
50+ units2864.1%
Mobile2994.2%

2–4 unit share 8.7% · 5–49 unit share 5.0% · combined 2–49 13.7%.

Units by bedrooms

Studio
165
1BR
814
2BR
1,692
3BR
3,090
4BR
1,065
5+
214

Rent burden

Rent ≥30% of income46.1%
Rent ≥50% of income16.6%
  • ACS median gross rent $1,241 (all bedrooms, occupied rentals).
  • Median contract rent $1,066.
  • Renters paying ≥30% of income 46.1%; ≥50% 16.6%.
  • FY2027 2BR SAFMR $1,860 (1.499× ACS median gross rent).

Population

16,780 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 55 units.
  • HUD project-based assisted MF: 1 properties, 30 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 807 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 01501 19.9% of occupied households are renters; vacancy is 3.1%; ACS median gross rent is $1,241; population increased +1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 609 units in 2–4-unit structures and 354 units in 5–49-unit structures; 1 LIHTC projects totaling 55 units; FY2027 2BR SAFMR is $1,860 versus ACS median gross rent of $1,241. 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 01501 is a Census / HUD profile for Worcester, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 01501?

ZIP 01501 (Worcester, MA HUD Metro FMR Area) has 16,780 residents, 6,822 households, a renter share of 19.9%, median household income of $101,929, and ACS 2023 median gross rent of $1,241. Vacancy is 3.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01501?

ACS counts 170 units in 2-unit buildings, 439 in 3–4 unit buildings, 158 in 5–9, 118 in 10–19, and 78 in 20–49. Combined 2–49 unit stock is 963 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01501?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,860. See the full schedule and 90–110% payment-standard band on the ZIP 01501 — Auburn, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01501 is Census / HUD research for Worcester, MA 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.