Devens: Housing & Real Estate
$556,800 is the median home value in Devens (estimated market value runs 14% higher at $637,317), with median rent $1,500 (1.1× higher than Worcester County median $1,426; 1.2× below Massachusetts median $1,762). Homeownership rate: 79.3%. That's 1.3× higher than the Worcester County median ($423,700); about the same as the Massachusetts median ($562,100). Market is warm. Vacancy rate 6.4%. New construction makes up 42.1% of stock. A municipal building code is in effect.
- 2.9× annual income — home value vs. household income (vs Massachusetts 6.1×).
- 30.9 years to break even renting at the median (vs Massachusetts 26y).
- 4-BR rent is 1.7× a studio — rent gradient by unit size.
- Median rent 48% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $556,800 — 0.9× the Massachusetts median ($597,400). Median rent $1,500/month. homeownership rate 79.3% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.9× |
|---|---|
| Affordability · Rent To Income Pct | 9.5% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $2,359 (at Massachusetts median) |
| Fair Market Rent · One-bedroom rent | $2,476 (vs Massachusetts $2,425) |
| Fair Market Rent · Two-bedroom rent | $2,941 (at Massachusetts median) |
| Fair Market Rent · Three-bedroom rent | $3,526 (at Massachusetts median) |
| Fair Market Rent · Four-bedroom rent | $3,894 (at Massachusetts median) |
| Fair Market Rent · HUD FMR area | Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $637,317 |
| Median Home Value | $556,800 (vs Massachusetts $597,400) |
| Median Rent | $1,500 (vs Massachusetts $1,917) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 6.4% |
| Housing Market · New construction (% of stock) | 42.1% |
| Housing Market · Price Appreciation 2Yr | 20.0% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Massachusetts median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Massachusetts median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Massachusetts median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 99.1% (vs Massachusetts 61.4%) |
| Broadband · Broadband-capable premises | 952 |
| Electricity · Electricity rate (¢/kWh) | 29.35¢/kWh |
| Electricity · Customers | 2924535 |
| Electricity · Revenue Millions | $5,868 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Massachusetts median) |
| Mobile Broadband · 5G mobile coverage | 0.993902439 (at Massachusetts median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 6 |
|---|---|
| Ev Charging · Public Stations | 5 |
| Ev Charging · L2 Ports | 14 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 79.3% (vs Massachusetts 54.1%) |
|---|---|
| Median Year Built | 1950 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12