Rental market snapshot for Andover, Massachusetts

Andover, Massachusetts Rental Property Market Overview

Andover, Massachusetts is a town located in Essex County with a population of 33,201 as of 2021, according to the US Census. It is a suburban community located about 25 miles north of Boston and is known for its excellent schools and historic sites. The town is home to a variety of shops, restaurants, and recreational activities, making it a great place to live and visit. Andover is also home to Phillips Academy, one of the oldest and most prestigious boarding schools in the United States.

The average rent for an apartment in Andover is $2,540. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Andover Massachusetts | Cost of Living

  • The most expensive ZIP code in Andover is 01810 with an average price of $2,653.
  • The cheapest ZIP code in Andover is 01810 with an average price of $2,653.

Andover ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
101810$2,653

Live near Andover, Massachusetts's Top Sights and Attractions

Heffron R O W is an outdoor recreational area located in Andover, Massachusetts. It features a walking path, a playground, a picnic area, and a pond. The path is lined with trees and benches, providing a peaceful and scenic atmosphere. The playground is equipped with swings, slides, and other play structures. The picnic area has tables and grills, making it a great spot for a family gathering. The pond is stocked with fish, making it a great spot for fishing.

Pomps Pond Park is a beautiful outdoor recreation area located in the suburbs of Massachusetts. It features a large pond surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. Visitors can enjoy a variety of activities such as fishing, swimming, boating, and picnicking. There are also several walking trails, playgrounds, and picnic areas. The park is also home to a variety of wildlife, including ducks, geese, and other birds. With its picturesque scenery and abundance of activities, Pomps Pond Park is an ideal spot for a relaxing day outdoors.

Andover Common is a large, open green space located in a residential area. It features a large pond, a playground, and plenty of open grassy areas for picnicking, playing sports, or just enjoying the outdoors. There are also walking trails and benches throughout the park, making it a great spot for a leisurely stroll or a peaceful break from the hustle and bustle of everyday life.

Shawsheen River is a picturesque river located in the northeastern United States. It is a popular spot for fishing, canoeing, kayaking, and other outdoor activities. The river is lined with trees and lush vegetation, making it a great place to relax and take in the natural beauty of the area. The river is also home to a variety of wildlife, including beavers, turtles, and fish. Visitors can also explore the nearby trails and parks, which offer a variety of activities for all ages.

Ward Reservation is a scenic nature preserve located in the northeastern United States. It features over 400 acres of woodlands, wetlands, and meadows, as well as a variety of trails for hiking, biking, and horseback riding. The reservation is home to a wide variety of wildlife, including deer, foxes, and a variety of birds. It also features a number of historic sites, including a 19th-century farmhouse, a Revolutionary War-era fort, and a Native American archaeological site.

Sacred Heart is a beautiful Catholic church located in a quiet, residential area. The church is a stunning example of Gothic Revival architecture, with its tall spires and intricate stone carvings. Inside, visitors can admire the stunning stained glass windows, the ornate altar, and the many statues and paintings that adorn the walls. The church also hosts a variety of events throughout the year, including concerts, lectures, and other special events.

Atm Realty Corp Property is a stunning estate located in the outskirts of Andover, Massachusetts. The property features a sprawling lawn, lush gardens, and a grand manor house. Inside the manor house, visitors can explore the grand foyer, formal dining room, and library. The estate also features a pool, tennis court, and a large pond. The grounds are perfect for a leisurely stroll or a picnic. Visitors can also take in the breathtaking views of the surrounding countryside.

Belmont Park Conservation Area is a scenic outdoor destination located in the heart of Massachusetts. Visitors can explore over 200 acres of woodlands, meadows, and wetlands, as well as a variety of trails for hiking and biking. The area also features a pond, a playground, and picnic areas. Wildlife enthusiasts can observe a variety of birds, mammals, and reptiles, while anglers can take advantage of the fishing opportunities. With its natural beauty and abundance of recreational activities, Belmont Park Conservation Area is an ideal spot for a day of outdoor fun.

Lougee Fosse Perkins Property is a scenic outdoor area located in Andover, Massachusetts. It features a variety of trails for hiking, biking, and horseback riding, as well as a pond for fishing and swimming. The property also includes a picnic area, a playground, and a pavilion for special events. The area is surrounded by lush forests and rolling hills, making it a perfect spot for a peaceful day outdoors.

Fieldstone Meadows Conservation Area is a scenic outdoor destination located in the rolling hills of Massachusetts. Visitors can explore the area's diverse landscape, which includes meadows, wetlands, and woodlands. There are plenty of trails for hiking, biking, and horseback riding, as well as a pond for fishing and canoeing. The area is also home to a variety of wildlife, including birds, deer, and other animals. Visitors can also take part in educational programs and events, such as guided nature walks and bird watching.

Andover, Massachusetts area median rent change by ZIP code map

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How does Andover compare to other cities in Massachusetts?

citymedian price
Lincoln$4,139
Dedham$3,060
Westborough$2,780
Norton$2,714
Amherst$2,575
Sharon$2,476
Natick$2,287
Burlington$2,260
Worcester$2,232
Lowell$2,088

Average household income in Andover area graph - US Census

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The median household income in Andover in 2021 was $122,689. This represents a 62.1% change from 2011 when the median was $75,671.

#categorypercent
0Less than $10,0003.6%
1$10,000 to $14,9995.6%
2$15,000 to $19,9991.7%
3$20,000 to $24,9993.8%
4$25,000 to $29,9993.0%
5$30,000 to $34,9992.9%
6$35,000 to $39,9992.2%
7$40,000 to $44,9992.2%
8$45,000 to $49,9990.6%
9$50,000 to $59,9994.1%
10$60,000 to $74,99910.0%
11$75,000 to $99,9996.6%
12$100,000 to $124,9996.4%
13$125,000 to $149,9994.0%
14$150,000 to $199,99915.0%
15$200,000 or more28.3%

Neighborhoods in Andover

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Andover is $2,540.
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