Boston's Suburb Spotlight: Malden Takes the Lead as the Suburb with the Highest Rental Yield for Investors

Malden, a suburb just north of Boston, has emerged as the top destination for investors looking for high rental yields. With its proximity to downtown Boston and relatively affordable prices, Malden is attracting attention from investors who want to capitalize on the city's thriving rental market.

The current state of the Boston real estate market makes Malden an attractive option for investors. The median home price in Boston is $780,000, with premium neighborhoods like Beacon Hill and Back Bay commanding even higher prices. In contrast, Malden offers a more affordable entry point for investors, with median home prices around $520,000. This, combined with the suburb's strong rental demand driven by its proximity to universities and major employers, makes it an ideal location for investors seeking high returns.

Local Appeal and Growth

Malden's appeal extends beyond its affordability. The suburb is home to a diverse range of amenities, including the popular Malden Center, which features a mix of shops, restaurants, and entertainment venues. Investors can also take advantage of the suburb's proximity to major universities like Tufts and Harvard, which drive demand for rental properties. Additionally, organizations like the Malden Redevelopment Authority and the City of Malden's Community Development Department are working to revitalize the suburb's commercial areas, including the redevelopment of the former Malden Hospital site on Savin Street.

According to data from the real estate analytics firm, CoreLogic, the median rental yield in Malden is around 4.2%, significantly higher than the 3.5% yield seen in other Boston suburbs like Somerville and Cambridge. As of June 2026, the average rent for a two-bedroom apartment in Malden was $2,300 per month, up 10% from the same time last year. With home prices in Malden ranging from $400,000 to $700,000, investors can expect to generate significant returns on their investments.

For investors looking to capitalize on Malden's high rental yields, it's essential to act quickly. With the suburb's popularity on the rise, prices are likely to increase in the coming months. Investors should focus on finding properties in desirable neighborhoods, such as those near the Malden Center or the Oak Grove MBTA station. They should also consider working with local real estate agents who have expertise in the Malden market and can provide valuable insights into the suburb's growth and development plans.