Leominster, MA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Leominster short-term rental market based on reliable data.

Listings

1 / 17

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$32,349

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$474,801

Median Home Sale Price

Top Earners

$32,349

Top-Earners Revenue

Leominster

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Leominster.

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C

Challenging to Investors

Leominster Regulations

The zoning text suggests STRs are not a permitted principal use citywide and likely require a permit or are prohibited in most residential zones, creating ambiguity and operational constraints that could deter investors.

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About Leominster

Leominster is a city of roughly 42,000 residents in Worcester County, north-central Massachusetts, sitting in the rolling hill country between the Wachusett Range and the upper Nashua River Valley. Long known as the "Pioneer Plastics City" for its central role in the early American plastics industry, Leominster today functions as a small commercial and cultural hub for the surrounding hill towns and as a convenient gateway to outdoor recreation in the region. Its position roughly forty miles northwest of Boston places it within easy day-trip distance of the metropolitan area while retaining a distinctly New England small-city feel, with a walkable downtown, neighborhood parks, and the forested ridges of north-central Massachusetts just minutes from the city center.

One of the biggest draws in the area is Wachusett Mountain State Reservation, just over the town line in Princeton and only about a fifteen-minute drive west of downtown Leominster. The reservation centers on Mount Wachusett, the highest peak in the region, and is home to the Wachusett Mountain Ski Area in winter and a network of hiking and mountain biking trails in warmer months, including a paved auto road that visitors can drive to the summit for panoramic views stretching toward Mount Monadnock and, on clear days, the Boston skyline.

Closer to the city, Leominster State Forest covers more than four thousand acres of hardwood and pine woodlands straddling the Leominster and Fitchburg line, with the Midstate Trail passing through it. The forest is a popular spot for hiking, mountain biking, cross-country skiing, and trout fishing along the Monoosnoc Brook, and its trailheads are reachable in roughly ten to fifteen minutes from most parts of the city.

A more local anchor is Sholan Farms, a community-owned apple orchard on the southern edge of the city that offers pick-your-own fruit in season, a farm stand, and a popular vantage point overlooking Leominster and the Wachusett Range. Open from late summer through the fall foliage season, it draws families from across north-central Massachusetts and provides a classic New England harvest experience within the city limits.

For short-term-rental investors and visitors, Leominster offers an appealing combination: a genuine year-round lodging market fueled by the ski mountain in winter and the orchards, trails, and lake-country excursions in summer, all while sitting within a roughly one-hour drive of Boston, Worcester, and the New Hampshire border. The city's mix of accessible outdoor recreation, regional commerce, and proximity to larger New England destinations makes it a practical and well-rounded base for exploring central Massachusetts.

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