What's a good cap rate in Worcester?

In Worcester, cap rates typically run around 5.5% (Massachusetts state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Worcester deal lands versus this benchmark.

What's the average rent for a rental in Worcester?

A typical rental in Worcester runs about $1,749–$2,247/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Massachusetts?

Massachusetts's effective property tax rate is about 1.14% of value per year — the figure TrueCap applies by default for Worcester deals. You can override it with the exact local rate.

Worcester, MA

Worcester rental property analysis

Worcester is New England's value play — Boston-overflow demand and a large student-and-healthcare base at well below Boston prices.

Worcester market snapshot

Appreciation market

Compressed cap rates — the play here is long-term price growth over day-one cash flow.

Typical cap rate

5.5%

Massachusetts state median

Typical rent

$1,749–$2,247/mo

HUD FMR · 2–3BR · 2026

Typical price

$360,000–$470,000

est., all-in

Property tax

1.14%

Massachusetts effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Worcester a good place to buy rentals?

Strong demand from colleges, hospitals, and priced-out Boston renters. Massachusetts is tenant-friendly — model regulation and turnover; appreciation-leaning.

See the full Massachusettsinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Worcester

West Side

Desirable, stable, family renters.

Main South

Student demand, value-add.

Burncoat

Affordable SFRs, steady demand.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Worcester deal in 60 seconds

Paste a Worcester address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Massachusetts tax and HUD rent so you start from the right assumptions.

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