Zumper
modified
15 Hours Ago

Highlights

  • Central location
  • Off-street parking
  • On-site laundry facilities
  • Professional management
  • 24/7 emergency maintenance service
  • Internet and cable ready

Location

311 Water St, Lawrence, MA 01841, USA|Tower Hill
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Contact

Management

Arrowpoint Lakeview LLC

Leasing office

(978) 291-4664

Property Overview

Water's Edge Apartments offers a strong overall living experience, with a Zumper Expert Rating of 7.3/10 and especially high scores for amenities and location (9/10 each). Residents benefit from a central location near a top-rated elementary school, off-street parking, on-site laundry, professional management with 24/7 emergency maintenance, and internet/cable-ready units. The property is verified, ranks in the 75th percentile for value per square foot locally, and provides 12 photos and a detailed listing that help set clear expectations.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, Water's Edge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Water's Edge Apartments 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

  • Elementary school nearby
  • Less expensive
  • More space

Floor plans

1br/1ba - Premium1 bed1 bath625 sqft$1,850 /mo1 unit availableCome and check out our newly renovated apartments at Water's Edge. Rent includes heat/hot water, off-street parking and on-site laundry facilities. These apartments have been tastefully redone with new espresso kitchen cabinets, GE appliances, beautiful Leonia Sand back-splash, porcelain tile flooring and more. These are some of the nicer units in Lawrence and typically rent quickly. First and last month's rent due at lease signing. Please visit our website to fill out an application now. We require a minimum 1 year lease term. Here are the following features: • Rent Includes Heat, Hot Water • Each unit comes equipped with an A/C unit and remote • Off-Street, private parking • On-Site Laundry Facilities • Professional Management • 24/7 Video Surveillance • Lobby Intercom and Entry System • Internet and Cable ready • 24/7 Emergency Maintenance Service • Ability to pay rent and request maintenance online • Central location, close to highways and MBTA bus routes Qualifications: -Prospective tenant must not have any prior evictions -Must be able to show gross income at 2.5x the monthly rent -Must be able to come up with first and last month at lease signing -Cannot have a criminal record -Must have good credit To apply for this unit please visit us at www arrowpointproperties com Se Habla Espanol. Our leasing agent will contact you once we receive your application to rent.

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Amenities for Water's Edge Apartments

Apartment Amenities

Air ConditioningHeat and Hot Water

Appliances

Electric RangeRange
Refrigerator

Building

Onsite LaundryWater/Sewer

Grounds

Off-Street Parking

Services

Trash Removal
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units24
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About Water's Edge Apartments

HomeApartments in LawrenceTower Hill Water's Edge Apartments

Come and check out our newly renovated apartments at Water's Edge. Rent includes heat/hot water, off-street parking and on-site laundry facilities. These apartments have been tastefully redone with new espresso kitchen cabinets, GE appliances, beautiful Leonia Sand back-splash, porcelain tile flooring and more. These are some of the nicer units in Lawrence and typically rent quickly. First and last month's rent due at lease signing. Please visit our website to fill out an application now. We require a minimum 1 year lease term. Here are the following features: • Rent Includes Heat, Hot Water • Each unit comes equipped with an A/C unit and remote • Off-Street, private parking • On-Site Laundry Facilities • Professional Management • 24/7 Video Surveillance • Lobby Intercom and Entry System • Internet and Cable ready • 24/7 Emergency Maintenance Service • Ability to pay rent and request maintenance online • Central location, close to highways and MBTA bus routes Qualifications: -Prospective tenant must not have any prior evictions -Must be able to show gross income at 2.5x the monthly rent -Must be able to come up with first and last month at lease signing -Cannot have a criminal record -Must have good credit To apply for this unit please visit us at www arrowpointproperties com Se Habla Espanol. Our leasing agent will contact you once we receive your application to rent.


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Water's Edge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Water's Edge Apartments 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 Water's Edge Apartments
Price·10A 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.
Water's Edge Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Water's Edge Apartments 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.
Water's Edge Apartments 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Water's Edge Apartments to provide reasonable accomodations and accurate details about its community.
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 Water's Edge Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 495 sqft larger than other listings nearby

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Rent trends in Tower Hill

1-bedroom apartments at Water's Edge Apartments cost about 16% more than the average rent price for 1-bedroom apartments in Tower Hill.

Median rents as of Apr 25 2026.
Tower Hill
Lawrence
A table of 1-bedroom apartment rental data trends in Lawrence
MonthMedian Rent
May 2024$1,592
June 2024$1,960
July 2024$1,911
August 2024$1,870
September 2024$1,870
October 2024$1,870
November 2024$1,852
December 2024$1,852
January 2025$1,865
February 2025$1,864
March 2025$1,850
April 2025$1,870
May 2025$1,863
June 2025$1,825
July 2025$1,865
August 2025$2,087
September 2025$1,983
October 2025$1,952
November 2025$1,887
December 2025$2,016
January 2026$2,235
February 2026$2,011
March 2026$1,807
April 2026$1,622
A table of 1-bedroom apartment rental data trends in Tower Hill
MonthMedian Rent
September 2025$1,600

Affordability calculator

Can I afford to live at 311 Water St?

Bedrooms

1 bedroom

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

$74,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 1-bedroom monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.

Schools near Water's Edge Apartments

James F. Hennessey Elementary School

122 hancock st

lawrence, MA, 1841

PK, K-2Public
B-

Guilmette Elementary School

80 bodwell st

lawrence, MA, 1841

1-4Public
C-

Lawrence Family Public Academy

526 lowell st

lawrence, MA, 1841

PK, KPublic
B-

Emily G. Wetherbee School

75 newton st

lawrence, MA, 1843

K-8Public
C

Alexander B. Bruce School

135 butler st

lawrence, MA, 1841

3-8Public
C-
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Internet available near Water's Edge Apartments

Getting around Lawrence near 311 Water St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 311 Water St, Lawrence

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

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

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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