Commercial Real Estate Market in Rutland, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 110 off-market properties in Rutland, MA. Commercial property asks $581/SF to buy and $30.00/SF/Yr to lease.
Market Trends
Rutland, MA spans 35.1 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rutland, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Rutland, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Rutland, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Rutland, MA asks $216/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 97.9%
- Industrial 0.7%
- Planned_development 0.4%
- Commercial 0.1%
Largest Zones share of zoned land by district
Residence District R60
Residence District R40
Town Center District 1
Light Industrial And Office District
Village Center District
Rutland, MA zones 45,748 acres across 9 districts. Commercial zoning covers 0.1% of zoned land, residential 97.9% and industrial 0.7%. The largest single district is Residence District R60 at 81.7%. For commercial buyers the practical constraint is that only 0.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Rutland, MA has 9,049 residents in 3,257 households. Density runs 258 people per square mile. Median household income here is $155,504 and median gross rent $998 a month.
9,049
Population
3,257
Households
2.8
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
35.1 sq mi
ZIP Area
258
Density / Sq Mi
$155,504
Median Household Income
$67,971
Median Earnings
$998
Median Rent
$439,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Paxton | — | — |
| Oakham | — | — |
| Holden | — | — |
| Princeton | — | — |
Commercial property in Rutland, MA asks $581/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rutland?
Commercial property in Rutland, MA asks an average of $581 per square foot. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Rutland?
Asking lease rates in Rutland, MA average $30.00 per square foot per year.
What zoning applies to commercial property in Rutland?
Rutland, MA zones 45,748 acres across 9 districts, of which 0.1% is commercial and 0.7% industrial. The largest single district is Residence District R60 at 81.7% of zoned land. Residential zoning covers 97.9% and open space 0%.
Where does Realmo's Rutland market data come from?
Realmo compiles Rutland, MA figures from 2 recent recorded sales, 8 active sale listings, 3 active lease listings, 110 tracked off-market properties, the current Rutland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 3 active for-lease listings in Rutland, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 45,748 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
