Zip lookup · MA

01844
Methuen, Massachusetts.

Methuen, Essex County, MA · Boston-Cambridge-Newton, MA-NH metro · population 53,420

What it costs per month · 01844 $3,246/mo

to buy the typical home at today's mortgage rate — +$1,839 (+131%) since Jan 2020.

What the home itself did
1 year
Up $12,062 +2%
$606,371$618,433 since Sep 2025
5 years
Up $141,399 +30%
$477,035$618,433 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 01844 $3,246 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 01844$3,246
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 01844 rose 2.0% over the past year — faster than the nation's +1.2%.

Asking rents in zip 01844 rose 3.3% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 01844 runs $2,092/mo more than renting one — the widest that gap has been in this data.

That is $4,443 a month against $2,352 rent: a $3,246 mortgage payment, plus $535 property tax and $662 insurance & upkeep.

Owning vs renting — zip 01844

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,500 $3,000 $3,500 $4,000 $4,500 2024 2025 2026 Owning all in $4,443 Renting $2,352 Mortgage only $3,246
$2,500 $3,000 $3,500 $4,000 $4,500 2024 2025 2026
  • Owning all in$4,443
  • Renting$2,352
  • Mortgage only$3,246

Property tax · $535/mo 1.04% of value a year — the ACS 2020-2024 median bill over the median home value for Essex County, MA

Insurance & upkeep · $662/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Methuen, MA — measured over the city limits, which is a different area from this zip.

Asking rent $2,352 as of Sep 2026
+3.3%year on year
Typical home value $618,433 as of Sep 2026
+2.0%year on year

Asking rent — 01844

Against the Boston-Cambridge-Newton, MA-NH metro and the national benchmark.

$2,000 $2,500 $3,000 2024 2025 2026 01844 $2,352 Boston $2,987 United States $1,932
$2,000 $2,500 $3,000 2024 2025 2026
  • 01844$2,352
  • Boston$2,987
  • United States$1,932

Typical home value — 01844

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $500,000 $750,000 2018 2020 2022 2024 2026 01844 $618,433 Boston $725,639 United States $366,157
$250,000 $500,000 $750,000 2018 2022 2026
  • 01844$618,433
  • Boston$725,639
  • United States$366,157

Within 20 miles

Showing 30 of 79 zips in range — sorting picks from all 79.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.0 01841 Lawrence 52,769 — $486,152
2.4 01840 Lawrence 8,522 $2,342 $390,685
3.4 01843 Lawrence 27,445 $2,375 $533,758
4.2 03079 Salem 30,964 $2,561 $605,452
4.9 01832 Haverhill 26,386 $2,009 $522,596
5.4 01835 Haverhill 14,782 $2,570 $560,999
6.2 01810 Andover 35,648 $2,767 $987,520
6.7 01826 Dracut 32,629 $2,230 $569,814
6.8 01845 North Andover 32,494 $2,816 $802,403
6.9 03076 Pelham 14,449 — $678,520
7.2 03811 Atkinson 7,267 — $651,161
7.6 03087 Windham 16,038 — $801,049
7.9 01850 Lowell 17,740 $2,197 $443,468
8.1 01830 Haverhill 26,530 $2,306 $553,504
8.7 01876 Tewksbury 31,004 $2,864 $671,730
8.7 03865 Plaistow 7,861 — $528,477
8.9 01852 Lowell 37,144 $2,179 $469,900
8.9 01834 Groveland 6,777 — $709,300
9.4 01921 Boxford 8,250 — $1,053,712
10.0 01854 Lowell 30,081 $2,219 $476,823
10.2 03841 Hampstead 6,508 — $635,509
10.5 01851 Lowell 33,403 $2,361 $520,042
10.5 01833 Georgetown 8,432 — $774,085
11.1 03826 East Hampstead 2,654 — $581,290
11.3 03051 Hudson 25,557 $2,450 $534,255
11.5 01860 Merrimac 6,748 — $660,115
11.6 03038 Derry 34,474 $2,263 $502,907
11.7 01864 North Reading 15,765 $2,820 —
11.8 03858 Newton 4,836 — $574,905
11.9 01985 West Newbury 4,591 — $938,328

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.