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Highlights
New Construction
Location
55 Water St #203, Exeter, NH 03833, USA
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Amenities for 55 Water St #203
Features
| Electric Heating | Forced Air |
| Three Floors |
Community
| Eight Units in Building | Elevator |
| Roof Deck |
Other
| Four Rooms | Zoned |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 55 Water St #203
Property Status: Active AVAILABLE AUGUST 31, 2026. 2 Bedroom IOKA condominium rental, where the charm of colonial New England blends with modern day living. Prominent in the heart of downtown Exeter this iconic movie theater has been transformed to accommodate stunning private residences. Nestled abreast the scenic confluence of the Exeter and Squamscott Rivers the unique setting is postcard picturesque. Elevator serviced, this 2-bdrm, 2-bath condo features open concept designs with timeless front window views of the classic bandstand and town hall. The secluded rooftop deck (residential use only) provides panoramic views of the river basin and surrounding area. Walk out the front door of the IOKA to a flourishing scene of art galleries, bookstores, boutique shops, breweries, yoga studios, seasonal farmers market, festivities, and many other choices. Recognized as a “foodie town” the burgeoning restaurant scene in Exeter is all around you. Residents and guests parking in the municipal parking lot across the street with on-street parking throughout town. Easy access to Rt 101/95, a 20-minute drive to the ocean, and about an hour or so drive to the cities of Boston, MA, or Portland, ME. AmtrakCommuter Rail provides regular service on the “Downeaster” train. NO Smoking, Pets negotiable, Credit/background check required. Tenant to pay water, sewer, electric & natural gas. 1 year lease required. Office Phone: (603) 772-6675 Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 55 Water St #203 compares to other nearby properties.
Positives
- Elevator
- Improved accessibility features
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Pet friendly
- Rentals at this address allow pets
- Roof deck
- Access to public roof space
Address details
| Zip code | 03833 |
|---|---|
| Type | Condo for rent |
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Rent trends in Exeter
2-bedroom apartments at 55 Water St #203 cost about 68% more than the average rent price for 2-bedroom apartments in Exeter.
Median rents as of May 9 2026.
Exeter
| Month | Median Rent |
|---|---|
| June 2024 | $2,487 |
| July 2024 | $2,550 |
| August 2024 | $2,555 |
| September 2024 | $2,500 |
| October 2024 | $2,512 |
| November 2024 | $2,440 |
| December 2024 | $2,575 |
| January 2025 | $2,500 |
| February 2025 | $2,500 |
| March 2025 | $2,500 |
| April 2025 | $2,487 |
| May 2025 | $2,442 |
| June 2025 | $2,700 |
| July 2025 | $2,900 |
| August 2025 | $2,700 |
| September 2025 | $2,737 |
| October 2025 | $2,760 |
| November 2025 | $2,565 |
| December 2025 | $2,568 |
| January 2026 | $2,559 |
| February 2026 | $2,303 |
| March 2026 | $2,193 |
| April 2026 | $2,699 |
| May 2026 | $2,800 |
Affordability calculator
Can I afford to live at 55 Water St #203?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$188,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $188,000 annually to afford this 2-bedrooms monthly rent price of $4,700.
For more information on rent affordability, visit our rent calculator.
Schools near 55 Water St #203
Main Street School
40 main st
exeter, NH, 3833
PK, K-2Public
B+
Lincoln Street Elementary School
25 lincoln st
exeter, NH, 3833
3-5Public
A-
Kensington Elementary School
122 amesbury rd
kensington, NH, 3833
PK, K-5Public
A-
Newfields Elementary School
9 piscassic rd
newfields, NH, 3856
K-5Public
B-
Stratham Memorial School
39 gifford farm rd
stratham, NH, 3885
PK, K-5Public
B+
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Internet available near 55 Water St #203
Getting around Exeter near 55 Water St #203
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 55 Water St #203, Exeter
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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