9 Hours Ago
Location
48 Water St # 50, North Andover, MA 01845, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent BostonApartments for rent CambridgeApartments for rent MedfordApartments for rent SomervilleApartments for rent RiversideApartments for rent CommonwealthApartments for rent Neighborhood NineApartments for rent St. Elizabeth'sApartments for rent North AllstonApartments for rent Mid-CambridgeApartments for rent Oak SquareApartments for rent CambridgeportApartments for rent South MedfordApartments for rent Back BayApartments for rent Fenway - Kenmore - Audubon Circle - LongwoodApartments Near Me
Houses for rent NewtonHouses for rent CambridgeHouses for rent SomervilleHouses for rent BostonHouses for rent BrooklineHouses for rent ManchesterHouses for rent EverettHouses for rent Downtown EverettHouses for rent Coolidge CornerHouses for rent Washington SquareHouses for rent HamptonHouses for rent D Street - West BroadwayHouses for rent WalthamHouses for rent LowellHouses for rent MedfordHouses for rent near me
Property Overview
The property at 48-50 Water St. received a favorable Zumper Expert Rating, reflecting its strong market position. Key pros include its prime location and access to local amenities, making it an appealing option. Notable features enhance its attractiveness, positioning it well for diverse living experiences.
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.
Things you’ll love
Elementary school nearby- High school nearby
- Middle school nearby
Floor plans
| 2/1 | 2 bed | 1 bath | 1,100 sqft | $3,200 /mo |
Let's explore this property.
Amenities for 48-50 Water st
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Dryer |
| Hardwood Floor | Private Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator |
Building
| Onsite Laundry | Smoke-free |
Services
| Recycling |
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
Application Fee
One-time.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$25
Security Deposit
One-time. Refundable.
Contact Property
Base Rent
Monthly rent payment
$3,200
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
Advertisement
About 48-50 Water st
Step into refined living in this impeccably renovated top-floor 2-bedroom, 1-bath residence, ideally located in the heart of North Andover. This elegant, energy-efficient home is HERS rated, offering long-term savings without compromising on luxury. Featuring a spacious open-concept layout, designer finishes, and premium craftsmanship throughout, every detail has been thoughtfully curated. Enjoy the convenience of a private in-unit washer and dryer, off-street parking, and modern updates that seamlessly blend comfort and sophistication. Just minutes from North Andover's dining, shopping, and major commuter routes this is elevated living at its best.
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.
7.7
/10
Very Good48-50 Water st is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 48-50 Water st is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 48-50 Water st 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.
48-50 Water st 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 48-50 Water st 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.
48-50 Water st 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 48-50 Water st compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
- No in-unit dishwasher
- Dishwashers aren't available
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in North Andover
2-bedroom apartments at 48-50 Water st cost about the same as the average rent price for 2-bedroom apartments in North Andover.
Median rents as of Nov 1 2025.
North Andover
| Month | Median Rent |
|---|---|
| November 2023 | $2,152 |
| December 2023 | $2,027 |
| January 2024 | $2,000 |
| February 2024 | $2,070 |
| March 2024 | $2,182 |
| April 2024 | $2,166 |
| May 2024 | $2,296 |
| June 2024 | $2,174 |
| July 2024 | $2,105 |
| August 2024 | $2,250 |
| September 2024 | $2,261 |
| October 2024 | $2,190 |
| July 2025 | $2,274 |
| August 2025 | $2,147 |
| September 2025 | $2,146 |
| October 2025 | $2,109 |
| November 2025 | $2,089 |
Affordability calculator
Can I afford to live at 48 Water St # 50?
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
$128,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 2-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.
Schools near 48-50 Water st
Atkinson Elementary School
111 phillips brooks rd
north andover, MA, 1845
1-5Public
B+
Advertisement
Internet available near 48-50 Water st
Getting around North Andover near 48 Water St # 50
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 48 Water St # 50, North Andover
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Compare similar properties nearby
Balsam Place
Our team has verified this company100 Balsam Pl
1–2 Beds
$2,600–$3,250
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
Pacific Mill Lofts
Our team has verified this company300 Canal St Ste 8000
1–3 Beds
$1,995–$3,795
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
Residences at Tewksbury Commons
Our team has verified this company7 Archstone Ave
1–3 Beds
$2,309–$3,180
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
160 Merrimack St
1–2 Beds
$2,450–$3,000
The price shown is for a 12-month lease. Fees may apply.- dogs and cats ok
- balcony
- dishwasher
2 S Grove St
2 Beds
$2,800
The price shown is for a 12-month lease. Fees may apply.- dogs and cats ok
- balcony
- dishwasher
Cabot Crossing
Our team has verified this companySouth Lowell • 130 Bowden St
2 Beds
$2,240–$2,564
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
311 Lowell St #2115, Andover, MA, 01810
Our team has verified this company311 Lowell St #2115
2 Beds
$2,750
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
- dogs and cats ok
- balcony
- dishwasher
Balsam Place
Our team has verified this company100 Balsam Pl
1–2 Beds
$2,600–$3,250
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
Pacific Mill Lofts
Our team has verified this company300 Canal St Ste 8000
1–3 Beds
$1,995–$3,795
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
Residences at Tewksbury Commons
Our team has verified this company7 Archstone Ave
1–3 Beds
$2,309–$3,180
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
160 Merrimack St
1–2 Beds
$2,450–$3,000
The price shown is for a 12-month lease. Fees may apply.- dogs and cats ok
- balcony
- dishwasher
2 S Grove St
2 Beds
$2,800
The price shown is for a 12-month lease. Fees may apply.- dogs and cats ok
- balcony
- dishwasher
Cabot Crossing
Our team has verified this companySouth Lowell • 130 Bowden St
2 Beds
$2,240–$2,564
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
311 Lowell St #2115, Andover, MA, 01810
Our team has verified this company311 Lowell St #2115
2 Beds
$2,750
The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.- dogs and cats ok
- balcony
- dishwasher
- dogs and cats ok
- balcony
- dishwasher