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Rental Market Trends in North Andover, MA

What is the average rent in North Andover, MA?

$2,613/month

Average Rent

787 Sq Ft

Average Apartment Size

-1.1%

Decrease in the Last Year

As of April 2026, the average rent in North Andover, MA is $2,613 per month. This is 59% higher than the national average rent price of $1,640/month, making North Andover one of the most expensive cities in the US. When you rent an apartment in North Andover, you can expect to pay about $2,300 per month for a studio, $2,613 for a one-bedroom apartment, and around $2,929 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,752 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,300/month
555 Sq Ft
One Bedroom
$2,613/month
787 Sq Ft
Two Bedroom
$2,929/month
1,128 Sq Ft
Three Bedroom
$3,752/month
1,261 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,350/month
956 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in North Andover, MA?

In the past year, rent has decreased by 1.1%, which averages out to $29 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in North Andover, MA
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in North Andover, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in North Andover?

Based on current rent prices, North Andover and Downtown North Andover" are the most affordable neighborhoods in North Andover.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Andover
$2,623/month
810 Sq Ft
Downtown North Andover
$2,752/month
782 Sq Ft

What are the most expensive neighborhoods in North Andover?

Based on current rent prices, Downtown North Andover and North Andover" are the most expensive neighborhoods in North Andover.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown North Andover
$2,752/month
782 Sq Ft
North Andover
$2,623/month
810 Sq Ft

Which North Andover neighborhoods have the most rentals available?

The neighborhoods in North Andover with the most apartments available are North Andover and Downtown North Andover" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Andover
$2,623/month
810 Sq Ft
Downtown North Andover
$2,752/month
782 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in North Andover, MA?

Because the average rent in North Andover is $2,613, you’ll want to make about $8,710 per month or $104,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

North Andover, MA

429 Available Apartments for Rent

Search for Nearby Apartments

How does North Andover, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare North Andover, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

North Andover

North Andover, MA

Downtown North Andover

North Andover, MA

Studio
$2,211/month
$2,320/month
One Bedroom
$2,616/month
$2,485/month
Two Bedroom
$2,925/month
$3,216/month
Three Bedroom
$3,514/month
$4,775/month
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Nearby City Rent Trends

  • Lawrence Average Rent
  • Methuen Average Rent

Apartment communities in North Andover we think you'll love

Pacific Mill Lofts

Pacific Mill Lofts

300 Canal St,
Lawrence, MA 01840

$1,795 - $3,795 Plus Fees

Studio - 3 Beds

Riverwalk Lofts

Riverwalk Lofts

250 Merrimack St,
Lawrence, MA 01843

$2,175 - $3,100 Plus Fees

1-2 Beds | 12 Month Lease

Washington Mill

Washington Mill

240-270 Canal St,
Lawrence, MA 01840

$2,116 - $3,634 Total Monthly Price

Studio - 2 Beds

Riverwalk Apartments

Riverwalk Apartments

1 S Union St,
Lawrence, MA 01843

$1,925 - $2,750 Plus Fees

Studio - 3 Beds | 12 Month Lease

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United States Massachusetts North Andover Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity