Zumper
modified
2 Days Ago

Highlights

  • Dishwasher
  • Modern appliances
  • Upgraded kitchen
  • Spacious two-bedroom
  • Stylishly updated bathroom
  • Dining room

Location

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

Management

Thayer & Associates

Leasing office

(844) 423-7807 ext. 3522

Property Overview

Arsenal Square Trust receives a solid Zumper expert rating of 8 out of 10, reflecting its appeal to renters. It combines excellent value with a price rating of 9, showcasing competitive pricing for its strong amenities, which include modern appliances and an upgraded kitchen. Additionally, the property benefits from a prime location with a rating of 9, offering convenient access to various attractions, and a trustworthy reputation with a rating of 7, reinforcing its transparency and reliability for potential renters.

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

8.0
Very Good
With a solid 8 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

Floor plans

Arsenal Square Trust - 19-29Studio1 bath434 sqft$2,200 /moBright and spacious corner studio with a charming dining alcove.
Arsenal Square Trust - 19-44Studio1 bath508 sqft$2,300 /mo
Arsenal Square Trust - 1-432 bed1 bath1,223 sqft$4,300 /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.

Let's explore this property.

Policies and fees

Contact for more information on pet policy.

Required one-time fees

Security Deposit$0
Building details

Property details

Units3
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About Arsenal Square Trust

HomeApartments in CambridgeNeighborhood Nine Arsenal Square Trust

- Bright and spacious corner studio with a charming dining alcove.- Spacious 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.


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.
8.0
/10
Very Good
With a solid 8 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·7A 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.
Arsenal Square Trust provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 79 sqft larger than other listings nearby

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

Studio apartments at Arsenal Square Trust cost about 13% less than the average rent price for studios in Neighborhood Nine.

If you decide to upgrade your space, you can expect 2-bedrooms at Arsenal Square Trust to be 20% more than the average for similarly sized apartments in Neighborhood Nine.

Median rents as of Sep 27 2025.
Neighborhood Nine
Cambridge
A table of studio rental data trends in Cambridge
MonthMedian Rent
October 2023$2,728
November 2023$2,673
December 2023$2,578
January 2024$2,583
February 2024$2,633
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$2,624
A table of studio rental data trends in Neighborhood Nine
MonthMedian Rent
October 2023$2,659
November 2023$2,680
December 2023$2,634
January 2024$2,635
February 2024$2,500
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$2,551

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

$90,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this studio median monthly rent price of $2,250.
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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