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Rental Market Trends in North Andover, MA

Updated August 2026

The average rent in North Andover, MA is $2,586/month.

Rent in North Andover is 55% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$2,586/month

Average Rent

787 Sq Ft

Average Size

+4.2%

Change / Year

449

Available Apartments

North Andover rent varies by unit size and layout:

  • Studio apartments in North Andover average $2,328 per month.
  • One-bedroom apartments in North Andover average $2,586 per month.
  • Two-bedroom apartments in North Andover average $2,936 per month.
  • Three-bedroom apartments in North Andover average $3,768 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,328/month
555 Sq Ft
One Bedroom
$2,586/month
787 Sq Ft
Two Bedroom
$2,936/month
1,128 Sq Ft
Three Bedroom
$3,768/month
1,261 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,587/month
354 Sq Ft
Two Bedroom
$2,481/month
851 Sq Ft
Three Bedroom
$2,858/month
1,083 Sq Ft
View North Andover Apartments

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

In the past year, rent has increased by 4.2%, which averages out to $108 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in North Andover, MA

August 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

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in North Andover?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown North Andover
$2,522/month
788 Sq Ft
North Andover
$2,557/month
809 Sq Ft

What are the most expensive neighborhoods in North Andover?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Andover
$2,557/month
809 Sq Ft
Downtown North Andover
$2,522/month
788 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
$2,557/month
809 Sq Ft
Downtown North Andover
$2,522/month
788 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 $2,586, you’ll want to make about $8,620 per month or $103,440 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

449 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

Downtown North Andover

North Andover, MA

North Andover

North Andover, MA

Studio
$2,344/month
$2,272/month
One Bedroom
$2,466/month
$2,629/month
Two Bedroom
$3,460/month
$2,882/month
Three Bedroom
$4,878/month
$3,433/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lawrence

    Lawrence

    Avg Rent: $1,966/month

  • Andover

    Andover

    Avg Rent: $2,380/month

  • North Reading

    North Reading

    Avg Rent: $2,227/month

  • Georgetown

    Georgetown

    Avg Rent: $2,481/month

  • Methuen

    Methuen

    Avg Rent: $1,990/month

  • Haverhill

    Haverhill

    Avg Rent: $2,229/month

Apartment Communities in North Andover We Think You'll Love

Pacific Mill Lofts

Pacific Mill Lofts

300 Canal St,
Lawrence, MA 01840

Studio - 3 Beds | $1,795 - $3,795

Riverwalk Lofts

Riverwalk Lofts

250 Merrimack St,
Lawrence, MA 01843

1-2 Beds | $2,200 - $3,080

The Crest

The Crest

50 Royal Crest Dr,
North Andover, MA 01845

2-3 Beds | $2,545 - $3,620

Washington Mill

Washington Mill

240-270 Canal St,
Lawrence, MA 01840

Studio - 2 Beds | $2,059 - $2,686

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Frequently Asked Questions

What is the average rent in North Andover?

The average rent in North Andover is $2,586 per month, which is 55.4% higher than the national average of $1,664.

What is the average rent for a condo in North Andover?

The average rent for a condo in North Andover, MA is $1,587 per month.

Are rents going up or down in North Andover?

Rents in North Andover, MA are increasing, with prices up 4.2% year-over-year and $108 more per month.

What rent range is most common in North Andover?

In North Andover, MA, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 June 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity