Shrewsbury, MA housing market
Typical home value
$686K
▲ 0.5% 1 yr
Typical rent
$2,350/mo
▲ 0.1% 1 yr
Gross rent yield
4.1%
U.S. 6.3%
5-year home value change
+29%
U.S. +20%
Key takeaways
- 1The typical home in Shrewsbury is worth $685,759, up 0.5% over the past year and up 29% over five years.
- 2Typical rent is $2,350 a month (+0.1% YoY), a gross rent yield of 4.1% (below the Worcester, MA metro's 5.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,769/mo, $1,419 more than typical rent.
- 4Zillow forecasts the Worcester, MA metro's home values to change +1.7% over the next 12 months.
Market temperature (Worcester, MA metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #245 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Shrewsbury compares
| Measure | Shrewsbury | Worcester, MA metro | United States |
|---|---|---|---|
| Typical home value | $685,759 | $476,551 | $366,157 |
| Home value, 1-yr change | +0.5% | +2.1% | +1.2% |
| Typical rent | $2,350 | $2,105 | $1,932 |
| Rent, 1-yr change | +0.1% | +1.4% | +2.7% |
| Gross rent yield | 4.1% | 5.3% | 6.3% |
| Price-to-rent ratio | 24.3 | 18.9 | 15.8 |
| Mortgage P&I, typical home | $3,769 | $2,619 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Shrewsbury rental, pre-filled.
Rent vs buy in Shrewsbury
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $686K home.
Other cities in the Worcester, MA metro
Worcester, MA
$433K home$2,122 rent
▲ 1.6% 1 yr
Leominster, MA
$467K home$1,885 rent
▲ 1.6% 1 yr
Fitchburg, MA
$400K home$1,859 rent
▲ 1.4% 1 yr
Milford, MA
$557K home$2,281 rent
▲ 2.6% 1 yr
Westborough, MA
$727K home$2,526 rent
▲ 0.1% 1 yr
Gardner, MA
$373K home$1,676 rent
▲ 1.5% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.