Rental market snapshot for Chicopee, Massachusetts

Chicopee, Massachusetts Rental Property Market Overview

Chicopee, Massachusetts is a city located in Hampden County with a population of 55,190 as of 2021, according to the US Census. It is situated on the Connecticut River and is part of the Springfield metropolitan area. Chicopee is known for its historic mills and factories, as well as its many parks and recreational areas. It is home to several universities and colleges, and is a great place to live, work, and play.

The average rent for an apartment in Chicopee is $1,413. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Chicopee Massachusetts | Cost of Living

  • The most expensive ZIP code in Chicopee is 01020 with an average price of $1,550.
  • The cheapest ZIP code in Chicopee is 01013 with an average price of $1,519.

Chicopee ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
101020$1,550
201013$1,519

Live near Chicopee, Massachusetts's Top Sights and Attractions

Vietnam Veterans Park is a memorial park dedicated to honoring the service of veterans who served in the Vietnam War. The park features a memorial wall with the names of those who served, a flagpole, and a monument with a sculpture of a soldier. There are also benches and a walkway with plaques that commemorate the service of veterans. The park is a peaceful and tranquil place to reflect and remember those who served.

Szot Park is a picturesque outdoor area located in the heart of a bustling town. It features a large pond, walking trails, and a variety of recreational activities. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere. Visitors can enjoy a variety of activities such as fishing, boating, picnicking, and playing sports. There is also a playground for children and a pavilion for special events. Szot Park is a great place to relax and enjoy the beauty of nature.

Sarah Jane Sherman Park is a picturesque outdoor destination located in a quiet, residential area. It features a large playground, a basketball court, a baseball field, and plenty of open green space for picnicking, walking, and other activities. The park also has a gazebo, a pond, and a small stream, making it a great spot for nature lovers. In the summer, the park hosts a variety of events, including outdoor concerts and festivals.

Lincoln Grove Park is a picturesque outdoor destination located in the heart of a bustling town. The park features a large pond, lush green grass, and plenty of trees for shade. Visitors can take a leisurely stroll around the pond, or enjoy a picnic lunch under the trees. There are also plenty of activities to keep the kids entertained, such as a playground, a basketball court, and a baseball diamond. The park also offers a variety of events throughout the year, such as concerts, festivals, and movies in the park.

The WWII War Memorial is a solemn tribute to the brave men and women who served in the armed forces during World War II. It is located in a park-like setting and features a granite monument with a bronze plaque inscribed with the names of those who gave their lives in service. The memorial also includes a flagpole, benches, and a reflecting pool. The memorial is a reminder of the sacrifices made by those who served and a reminder of the importance of freedom.

Bowie Park is a large outdoor recreational area located in the heart of Massachusetts. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a pond. The park also has a large open field, perfect for sports and other activities. There are also several pavilions and shelters available for rent, making it a great spot for family gatherings and special events.

Rivers Park is a scenic outdoor attraction located in the heart of Massachusetts. It features a variety of activities, including walking trails, fishing, and picnicking. The park also has a playground, a boat launch, and a beach area. The park is surrounded by lush trees and a picturesque river, making it a great spot for a peaceful day outdoors.

Nash Park is a beautiful outdoor area located in the heart of Massachusetts. It features a large pond, walking trails, and plenty of open space for picnics and other activities. The park also has a playground, basketball court, and a gazebo for special events. The park is surrounded by lush trees and is a great place to relax and enjoy nature.

Chicopee Memorial State Park is a popular outdoor destination located in Massachusetts. It features a variety of activities for visitors to enjoy, including swimming, fishing, boating, and picnicking. The park also has a large playground, a nature center, and a variety of trails for hiking and biking. The park is also home to a number of historic sites, including a Revolutionary War fort and a Civil War monument. Visitors can also take in the stunning views of the Connecticut River from the park's observation tower.

Williams Park is a picturesque park located in a small town. It features a large pond with a fountain in the center, surrounded by lush green grass and trees. There are plenty of benches and picnic tables scattered throughout the park, making it a great spot for a relaxing afternoon. The park also has a playground, a basketball court, and a walking path. In the summer, visitors can enjoy the park's outdoor concerts and festivals.

Chicopee, Massachusetts area median rent change by ZIP code map

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How does Chicopee compare to other cities in Massachusetts?

citymedian price
Needham$3,500
Stoneham$3,166
Westborough$2,780
Beverly$2,544
Tewksbury$2,375
Lawrence$2,340
Framingham$2,045

Average household income in Chicopee area graph - US Census

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The median household income in Chicopee in 2021 was $56,509. This represents a 20.6% change from 2011 when the median was $46,861.

#categorypercent
0Less than $10,0006.6%
1$10,000 to $14,9995.7%
2$15,000 to $19,9996.4%
3$20,000 to $24,9995.9%
4$25,000 to $29,9995.4%
5$30,000 to $34,9994.8%
6$35,000 to $39,9995.4%
7$40,000 to $44,9993.4%
8$45,000 to $49,9994.7%
9$50,000 to $59,9997.1%
10$60,000 to $74,99912.0%
11$75,000 to $99,99913.0%
12$100,000 to $124,9998.6%
13$125,000 to $149,9995.0%
14$150,000 to $199,9993.6%
15$200,000 or more2.5%

Neighborhoods in Chicopee

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Chicopee is $1,413.
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