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Management
Princeton Properties
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Managed by
Management
Princeton Properties
River Place Towers receives a commendable Zumper expert rating of 8.2, highlighting its exceptional amenities, which score a perfect 10, and an impressive location rated at 9, offering convenience to key attractions. With a price rating of 8, it strikes a desirable balance between value and cost. Additionally, it is well-regarded for its pet-friendly features, boasting nearby parks and services, while maintaining a trustworthiness rating of 7, reflecting transparency in property management.
Things you’ll love
Great for
| 1 Bedroom | 1 bed | 1 bath | 509 sqft | $1,407 /mo | 5 units available | ||
| 2 Bedroom | 2 bed | 1 bath | 727 sqft | $1,670 /mo | 5 units available | ||
| 3 Bedroom | 3 bed | 1.5 bath | 1,055 sqft | $1,908 /mo | 
Let's explore this property.
Apartment Amenities
| Air Conditioning | Carpet | 
| Carpet Bedrooms | Double Pane Windows | 
| Heat Included | Hot Water Included | 
| Individually Controlled Thermostats | Island Kitchen | 
| Linen Closet | Spacious Living Rooms | 
| Spectacular View | Tub/Shower | 
| Wall-to-Wall Carpeting in Neutral Tones | 
Appliances
| Electric Range | Garbage Disposal | 
| Refrigerator | 
Tech
| Cable Ready | Cable/Satellite | 
Building
| Bicycle Storage | Cats OK | 
| Community Laundry Facilities | Controlled Access | 
| Elevator | Fitness Center | 
| Intercom System | Intercom Systems | 
| Onsite Laundry | Package Concierge & Receiving | 
Grounds
| Basketball Courts | Beautiful Walking Path | 
| Courtyard | Fenced Lot | 
| Off-Street Parking | Outdoor Space | 
| Playground | Storage | 
| Walking & Biking Trail | 
Services
| 24 Hour Emergency Maintenance | Affordable Housing Program | 
| Disposal Chutes | Face Time Tours Available | 
| Flexible Rent Payments with Flex | On-Site Management | 
| Package Service | Planned Resident Social Activities | 
| Video Patrol | 
Neighborhood
| Easy Highway Access | Great Location | 
| Walking Distance to Downtown Lowell | Waterfront | 
Other
| ADA Accessibility | ADA Accessible | 
Questions about this property’s policies and fees?
| Year built | 1972 | 
|---|---|
| Units | 449 | 
| Lease terms | 12 months | 
River Place Towers is located with access to Route 3 and Interstate 495, public transportation, school districts, and hospitals. We participate in the Low Income Housing Tax Credit Program (LIHTC), an Affordable Housing Program which makes apts available at affordable rates to renters who meet specific income guidelines based on the number of residents in the apt. 1 resident, the maximum annual household income limit is $57,780; 2 residents, the limit is $66,000; 3 residents, the limit is $74,280; 4 residents, the limit is $82,500; 5 residents, the limit is $89,100 and if there are 6 residents, the limit is $95,700. Come visit us today!
How River Place Towers compares to other nearby properties.
Positives
1-bedroom apartments here are priced 35% lower than 1-bedrooms in Downtown Lowell.
If you decide to upgrade your space, you can expect 2-bedrooms at River Place Towers to be 42% less than the average for similarly sized apartments in Downtown Lowell.
3-bedroom apartments at River Place Towers cost about 28% less than the average rent price for 3-bedroom apartments in Downtown Lowell.
| Month | Median Rent | 
|---|---|
| November 2023 | $1,821 | 
| December 2023 | $1,844 | 
| January 2024 | $1,877 | 
| February 2024 | $1,822 | 
| March 2024 | $1,924 | 
| April 2024 | $1,922 | 
| May 2024 | $1,906 | 
| June 2024 | $1,912 | 
| July 2024 | $1,905 | 
| August 2024 | $1,927 | 
| September 2024 | $1,847 | 
| October 2024 | $1,775 | 
| November 2024 | $1,791 | 
| December 2024 | $1,953 | 
| January 2025 | $1,923 | 
| February 2025 | $1,854 | 
| March 2025 | $1,800 | 
| April 2025 | $1,819 | 
| May 2025 | $1,908 | 
| June 2025 | $1,920 | 
| July 2025 | $1,993 | 
| August 2025 | $1,935 | 
| September 2025 | $1,852 | 
| October 2025 | $1,798 | 
| Month | Median Rent | 
|---|---|
| November 2023 | $1,895 | 
| December 2023 | $1,980 | 
| January 2024 | $1,892 | 
| February 2024 | $2,118 | 
| March 2024 | $2,166 | 
| April 2024 | $2,198 | 
| May 2024 | $1,898 | 
| June 2024 | $2,039 | 
| July 2024 | $2,041 | 
| August 2024 | $1,978 | 
| September 2024 | $1,940 | 
| October 2024 | $1,820 | 
| November 2024 | $1,922 | 
| December 2024 | $2,039 | 
| January 2025 | $2,118 | 
| February 2025 | $2,202 | 
| March 2025 | $2,010 | 
| April 2025 | $1,906 | 
| May 2025 | $1,920 | 
| June 2025 | $1,968 | 
| July 2025 | $2,058 | 
| August 2025 | $2,104 | 
| September 2025 | $2,148 | 
| October 2025 | $2,189 | 
Can I afford to live at 1 River Pl?
Bedrooms
Rent-to-income ratio
30%
$56,280/yr
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