Zumper
modified
5+ Days Ago

Highlights

  • Dishwasher
  • Modern appliances
  • Upgraded kitchen
  • Spacious two-bedroom
  • Spacious studio apartment
  • Stylishly updated bathroom

Location

1 Waterhouse St #Ma 02138, Cambridge, MA 02138, USA|Neighborhood Nine
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Management

Thayer & Associates

Leasing office

(844) 423-7807 ext. 3522

Property Overview

Arsenal Square Trust receives a strong overall rating of 8.1 from Zumper, indicating its desirability for renters. The property excels in price and location ratings at 9 out of 10, ensuring an excellent balance of value and convenience to local amenities. Featuring modern appliances and spacious living options, it also scores well in amenities at 8 out of 10, supported by a high trustworthiness rating that reflects its transparency and quality presentation.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 out of 10 overall, Arsenal Square Trust is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arsenal Square Trust has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Images Available

Floor plans

Arsenal Square Trust - 1-221 bed1 bath551 sqft$2,950 /moBright and airy, one bedroom apartment, located in convenient Cambridge location. Offers a comfortable layout with a separate living area, functional kitchen, and good natural light.
Arsenal Square Trust - 1-532 bed1 bath1,223 sqft$4,200 /moSpacious two-bedroom at 1 Waterhouse featuring a dining room, bright living room, and private office enclave. Enjoy an upgraded kitchen with modern appliances, including a dishwasher, and a stylishly updated bathroom. Thoughtful layout and natural light make this home perfect for both comfort and convenience.
Arsenal Square Trust - 19-533 bed2 bath1,166 sqft$4,500 /moSpacious and well-laid-out 3-bedroom, 2-bath apartment which offers generous room sizes, excellent natural light, and a thoughtful floor plan ideal for comfortable living. The updated kitchen features ample cabinet and counter space, modern appliances, and room for casual dining. A great opportunity to enjoy a sizable apartment with a quality kitchen in a prime Cambridge location.

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units3
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About Arsenal Square Trust

HomeApartments in CambridgeNeighborhood Nine Arsenal Square Trust

Bright and airy, one bedroom apartment, located in convenient Cambridge location. Offers a comfortable layout with a separate living area, functional kitchen, and good natural light.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, Arsenal Square Trust is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arsenal Square Trust has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Arsenal Square Trust
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Arsenal Square Trust stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Arsenal Square Trust is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Arsenal Square Trust is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Arsenal Square Trust does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 Arsenal Square Trust compares to other nearby properties.

Positives

More space
Studio is 80 sqft larger than other listings nearby
More space
The 4-bedroom is 444 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Neighborhood Nine

1-bedroom apartments here are priced 2% higher than 1-bedrooms in Neighborhood Nine.

If you decide to upgrade your space, you can expect 2-bedrooms at Arsenal Square Trust to be 15% more than the average for similarly sized apartments in Neighborhood Nine.

3-bedroom apartments at Arsenal Square Trust cost about 7% less than the average rent price for 3-bedroom apartments in Neighborhood Nine.

Median rents as of Feb 14 2026.
Neighborhood Nine
Cambridge
A table of studio rental data trends in Cambridge
MonthMedian Rent
March 2024$2,670
April 2024$2,647
May 2024$2,680
June 2024$2,683
July 2024$2,653
August 2024$2,676
September 2024$2,685
October 2024$2,576
November 2024$2,395
December 2024$2,454
January 2025$2,523
February 2025$2,576
March 2025$2,606
April 2025$2,565
May 2025$2,606
June 2025$2,696
July 2025$2,701
August 2025$2,791
September 2025$2,621
October 2025$2,539
November 2025$2,528
December 2025$2,528
January 2026$2,544
February 2026$2,534
A table of studio rental data trends in Neighborhood Nine
MonthMedian Rent
March 2024$2,674
April 2024$2,687
May 2024$2,733
June 2024$2,750
July 2024$2,717
August 2024$2,696
September 2024$2,695
October 2024$2,683
November 2024$2,681
December 2024$2,547
January 2025$2,729
February 2025$2,759
March 2025$2,505
April 2025$2,625
May 2025$2,565
June 2025$2,691
July 2025$2,697
August 2025$2,657
September 2025$2,556
October 2025$2,429
November 2025$2,485
December 2025$2,487
January 2026$2,428
February 2026$2,409

Affordability calculator

Can I afford to live at 1 Waterhouse St #Ma 02138?

Bedrooms

Rent-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

$118,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this 1-bedroom monthly rent price of $2,950.
For more information on rent affordability, visit our rent calculator.

Schools near Arsenal Square Trust

Graham & Parks School

44 linnaean st

cambridge, MA, 2140

PK, K-5Public
A

Maria L. Baldwin School

85 oxford st

cambridge, MA, 2138

PK, K-5Public
A

Martin Luther King Jr. School

102 putnam ave

cambridge, MA, 2139

PK, K-5Public
A

John M. Tobin Montessori School

197 vassal ln

cambridge, MA, 2138

PK, K-5Public
A

The Andrew Peabody School

70 rindge ave

cambridge, MA, 2140

PK, K-5Public
A
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Getting around Cambridge near 1 Waterhouse St #Ma 02138

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1 Waterhouse St #Ma 02138, Cambridge

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Some bars within a few minutes’ walk

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