23 Hours Ago
Location
423 Pelham St, Methuen, MA 01844, USA
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Property Overview
423 Pelham Street presents an excellent opportunity for renters, highlighted by its exceptional Zumper expert rating of 8.4 and a perfect price rating of 10, showcasing a strong balance of cost and value. The property features convenient amenities, including in-building laundry, and enjoys a prime location with immediate access to public transport and nearby grocery stores, all contributing to a high standard of living. Furthermore, its trustworthiness rating of 8 underscores the transparency and reliability of the property's management.
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
Less expensive
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $1,300 /mo | 1 unit available | Rent: $1,300.00/month Availability: Now Bedrooms: Studio Bathrooms: 1 Utilities: Tenant pays electricity/owner pays heat AND water Parking: Yes Laundry: In Building Pets: No Move-in costs: Option 1) First month's rent $1,300.00 + Deposit insurance policy (amount determined by 3rd party) Approximate Total= $1,300.00 due on lease signing. Option 2) First month's rent $1,300.00 + Security Deposit $1,300.00 = Total $2,600.00 due on lease signing. TO QUALIFY -3X the monthly rent in proven income- household $3,900.00 NET per month -Credit Score of 600 or higher from each applying adult -1 month's paystubs for each adult applying -Driver's license or Photo ID -NO PRIOR EVICTIONS Please contact Michael Cognac Email - **** Cell 978.996.1231 We do accept co-signers! Co-signers must have a minimum credit score of 700 points, a rental history, or a homeowner's. Pay stubs and bank statements must be provided for proof of income. We do a hard pull on credit and criminal background checks. **All our minimum standards and requirements must be met to rent one of our apartments** All Four Points Property Management, LLC residents are enrolled in the Resident Benefits Package (RBP) for a one-time payment of $360.00 a year if elected. This includes renters insurance, credit building to help boost your credit score with timely rent payments, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. A resident may opt-out if proof of renters insurance is provided. The property advertised may no longer be available for rental. |
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Amenities for 423 Pelham Street
Apartment Amenities
| Heat and Hot Water |
Appliances
| Range | Refrigerator |
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
| Units | 21 |
|---|
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About 423 Pelham Street
Rent: $1,300.00/month Availability: Now Bedrooms: Studio Bathrooms: 1 Utilities: Tenant pays electricity/owner pays heat AND water Parking: Yes Laundry: In Building Pets: No Move-in costs: Option 1) First month's rent $1,300.00 + Deposit insurance policy (amount determined by 3rd party) Approximate Total= $1,300.00 due on lease signing. Option 2) First month's rent $1,300.00 + Security Deposit $1,300.00 = Total $2,600.00 due on lease signing. TO QUALIFY -3X the monthly rent in proven income- household $3,900.00 NET per month -Credit Score of 600 or higher from each applying adult -1 month's paystubs for each adult applying -Driver's license or Photo ID -NO PRIOR EVICTIONS Please contact Michael Cognac Email - **** Cell 978.996.1231 We do accept co-signers! Co-signers must have a minimum credit score of 700 points, a rental history, or a homeowner's. Pay stubs and bank statements must be provided for proof of income. We do a hard pull on credit and criminal background checks. **All our minimum standards and requirements must be met to rent one of our apartments** All Four Points Property Management, LLC residents are enrolled in the Resident Benefits Package (RBP) for a one-time payment of $360.00 a year if elected. This includes renters insurance, credit building to help boost your credit score with timely rent payments, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. A resident may opt-out if proof of renters insurance is provided. The property advertised may no longer be available for rental.
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 423 Pelham Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 423 Pelham Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
423 Pelham Street 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, 423 Pelham Street 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.
423 Pelham Street 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 423 Pelham Street 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 423 Pelham Street compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
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Rent trends in Methuen
studio apartments at 423 Pelham Street cost about 12% less than the average rent price for studio apartments in Methuen.
Median rents as of Feb 21 2026.
Methuen
| Month | Median Rent |
|---|---|
| August 2025 | $1,550 |
| September 2025 | $1,435 |
| October 2025 | $1,614 |
| November 2025 | $1,710 |
| December 2025 | $1,575 |
| January 2026 | $1,500 |
| February 2026 | $1,532 |
Affordability calculator
Can I afford to live at 423 Pelham St?
Bedrooms
StudioRent-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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this studio monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 423 Pelham Street
Marsh Grammar School
309 pelham st
methuen, MA, 1844
PK, K-8Public
B-
Tenney Grammar School
75 pleasant st
methuen, MA, 1844
PK, K-8Public
C+
Comprehensive Grammar School
100 howe st
methuen, MA, 1844
PK, K-8Public
B-
Donald P. Timony Grammar
45 pleasant view st
methuen, MA, 1844
PK, K-8Public
C+
Lawrence Family Public Academy
526 lowell st
lawrence, MA, 1841
PK, KPublic
B-
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Internet available near 423 Pelham Street
Getting around Methuen near 423 Pelham St
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 423 Pelham St, Methuen
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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