5+ Days Ago
Highlights
Pet Friendly
- Off-street parking
- Coin-operated laundry
Location
158 Water St, Lawrence, MA 01841, USA|Tower Hill
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Property Overview
158-162 Water Street is a highly rated, competitively priced property, earning an 8.9/10 overall expert score with especially strong marks for amenities (10/10), location (9/10), and price value (9/10). Residents benefit from convenient off-street parking, coin-operated laundry, proximity to a well-rated middle school, nearby pet supply stores that support pet-friendly living, and a transparent, well-documented listing from a trusted management team.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Pet friendly
Great for
Pet owners
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 678 sqft | $2,100 /mo | 1 unit available | Spacious 2-bedroom apartment in Lawrence, MA, offering comfortable living with central air conditioning and A/C for year-round comfort. This unit includes one full bathroom and one assigned off-street parking spot. On-site App-operated washer and dryer make laundry convenient, and the building is pet-friendly. Located in Lawrence, this apartment provides practical amenities and easy access to local services and transportation. Rent: $2,100.00 Availability: Now Bedrooms: 2 Bathrooms: 1 Utilities: Tenant only pays electricity (Owner pays Heat, Hot Water, Water, and Sewer) Floor: 3rd Parking: 1 space off-street included. Laundry: Washer/dryer is located in the basement. Payment is made through an app. Pets: Yes $25 for a cat and $35.00 for a dog per pet> owner requires Proof of vaccinations and photo of pet. Move-in costs: Option 1) First month's rent $2,100.00 + Last month's rent $2,100.00 + Security Deposit Alternative: ($75 per month) Total = $4,275.00 due on lease signing. Option 2) First month's rent $2,100.00 + Last month's rent $2,100.00 + Security Deposit $2,100.00 = Total $6,300.00 due on lease signing. *Option 1 Information: Instead of a full month’s rent upfront, you may be eligible for a small monthly installment, as advertised to you. This option is only a fraction of a traditional deposit, reduces upfront costs, and is paid monthly. Professionally managed with a 24/7 Maintenance hotline! Visit our website for FREE rental information and to see other listed apartments. FourPointspm. net TO QUALIFY!-- *3 times the monthly rent in proven GROSS income ($6,300.00) *Credit Score of 600 or higher from each applying adult. *One month's pay stubs for each adult applying (3 of your MOST RECENT pay stubs) or a letter from HR stating yearly salary. *1099 contractors can provide tax returns, and or P&L for proof of income. *Driver's license or Photo ID. *NO PRIOR EVICTIONS OR MONEY OWED TO ANOTHER LANDLORD. This is an automatic disqualification, no exceptions. 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.** “Please note the apartment advertised may no longer be available for rent.” Get in touch with Emilio Espinal. Call or Text: 413-345-3970. If I do not pick up, text me your full name, email address, and the apartment address/unit number you are interested in. I'll get back to you as soon as possible! Email: **** Social Media: @Rico_Realestate All Four Points Property Management, LLC residents are enrolled in the Resident Benefits Package (RBP) You may pay the RBP monthly for $29.99. 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 before moving in. Four Points Property Management partnered with Rentable to simplify the tenant security deposit process. Your security deposit will be held with Rentable's partner bank and all information will be provided in the Rentable Platform. Rentable also offers flexible payment op.. |
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Amenities for 158-162 Water Street
Apartment Amenities
| Air Conditioning | Central Heat |
| Heat and Hot Water | Heating |
Appliances
| Coin Operated Washer and Dryer | Fridge |
| In-Unit Laundry | Range |
| Refrigerator | Stove |
Building
| Cats OK | Dogs OK |
Grounds
| 1 Off Street Parking Spot |
Services
| Water and Sewer |
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
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 16 |
|---|
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About 158-162 Water Street
Spacious 2-bedroom apartment in Lawrence, MA, offering comfortable living with central air conditioning and A/C for year-round comfort. This unit includes one full bathroom and one assigned off-street parking spot. On-site App-operated washer and dryer make laundry convenient, and the building is pet-friendly. Located in Lawrence, this apartment provides practical amenities and easy access to local services and transportation. Rent: $2,100.00 Availability: Now Bedrooms: 2 Bathrooms: 1 Utilities: Tenant only pays electricity (Owner pays Heat, Hot Water, Water, and Sewer) Floor: 3rd Parking: 1 space off-street included. Laundry: Washer/dryer is located in the basement. Payment is made through an app. Pets: Yes $25 for a cat and $35.00 for a dog per pet> owner requires Proof of vaccinations and photo of pet. Move-in costs: Option 1) First month's rent $2,100.00 + Last month's rent $2,100.00 + Security Deposit Alternative: ($75 per month) Total = $4,275.00 due on lease signing. Option 2) First month's rent $2,100.00 + Last month's rent $2,100.00 + Security Deposit $2,100.00 = Total $6,300.00 due on lease signing. *Option 1 Information: Instead of a full month’s rent upfront, you may be eligible for a small monthly installment, as advertised to you. This option is only a fraction of a traditional deposit, reduces upfront costs, and is paid monthly. Professionally managed with a 24/7 Maintenance hotline! Visit our website for FREE rental information and to see other listed apartments. FourPointspm. net TO QUALIFY!-- *3 times the monthly rent in proven GROSS income ($6,300.00) *Credit Score of 600 or higher from each applying adult. *One month's pay stubs for each adult applying (3 of your MOST RECENT pay stubs) or a letter from HR stating yearly salary. *1099 contractors can provide tax returns, and or P&L for proof of income. *Driver's license or Photo ID. *NO PRIOR EVICTIONS OR MONEY OWED TO ANOTHER LANDLORD. This is an automatic disqualification, no exceptions. 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.** “Please note the apartment advertised may no longer be available for rent.” Get in touch with Emilio Espinal. Call or Text: 413-345-3970. If I do not pick up, text me your full name, email address, and the apartment address/unit number you are interested in. I'll get back to you as soon as possible! Email: **** Social Media: @Rico_Realestate All Four Points Property Management, LLC residents are enrolled in the Resident Benefits Package (RBP) You may pay the RBP monthly for $29.99. 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 before moving in. Four Points Property Management partnered with Rentable to simplify the tenant security deposit process. Your security deposit will be held with Rentable's partner bank and all information will be provided in the Rentable Platform. Rentable also offers flexible payment op..
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.
8.9
/10
Very GoodWith a solid 8.9 out of 10 overall, 158-162 Water Street is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 158-162 Water Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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.
158-162 Water Street 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·10A 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.
158-162 Water Street stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
158-162 Water 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·8A 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.
Anyone looking for quality at a great value will find 158-162 Water Street to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
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.
158-162 Water Street is great 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 158-162 Water Street compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- Pet friendly
- This property allows pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Tower Hill
2-bedroom apartments at 158-162 Water Street cost about 5% more than the average rent price for 2-bedroom apartments in Tower Hill.
Median rents as of May 2 2026.
Tower Hill
Lawrence
| Month | Median Rent |
|---|---|
| May 2024 | $1,595 |
| 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 |
| May 2026 | $1,500 |
| Month | Median Rent |
|---|---|
| September 2025 | $1,600 |
Affordability calculator
Can I afford to live at 158 Water St?
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
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 2-bedrooms monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
Schools near 158-162 Water Street
Guilmette Elementary School
80 bodwell st
lawrence, MA, 1841
1-4Public
C-
James F. Hennessey Elementary School
122 hancock st
lawrence, MA, 1841
PK, K-2Public
B-
Emily G. Wetherbee School
75 newton st
lawrence, MA, 1843
K-8Public
C
Lawrence Family Public Academy
526 lowell st
lawrence, MA, 1841
PK, KPublic
B-
Alexander B. Bruce School
135 butler st
lawrence, MA, 1841
3-8Public
C-
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Internet available near 158-162 Water Street
Getting around Lawrence near 158 Water St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
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 158 Water St, Lawrence
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
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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