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City Report · MA

Andover

Pop. 9,451·49th most expensive in Massachusetts·Andover rents are up 5.2% over the past year
Median rent (all units)
$2,793/mo
Year-over-Year
+5.2%
Month-over-Month
+1.2%
vs US Median
+$828
Rising (Monthly)
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Most AffordableMost Expensive
Andover · $2,793
More expensive than 87% of US cities · National median $1,965/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Andover's 10-year trend predicts.

Actual rent
$2,793/mo
Expected by trend
$2,800/mo
The Rent Reality Score compares today's median rent to where Andover's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,970
2 BR
$2,580
3 BR
$3,110
4 BR+
$3,420
Research median
$2,580/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,516/yr
At $2,793/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +1.2% MoM), not inventory.
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Demographics

Who lives here

Andover, MA is majority owner-occupied, has a median income above the national average, 68.1% of residents hold a bachelor's degree or higher.

Population
9,451
Median income
$126,563
Median age
42.7
Renters
33.9%
Age distribution
16.9%
26.1%
22.8%
15.9%
18.3%
Under 1816.9%
18–3426.1%
35–5422.8%
55–6415.9%
65+18.3%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
80.7%
White80.7%
Black2.6%
Hispanic6.9%
Asian8.3%
Other1.6%
Education (25+)
15.4%
68.1%
No HS diploma6%
HS diploma10.6%
Some college15.4%
Bachelor's+68.1%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Andover, MA has changed in 5 years

Rent
$2,233 → $2,793
up 25.1%
Income
$122,689 → $126,563
up 3.2%
Population
8,958 → 9,451
up 5.5%
Renter share
26.8% → 33.9%
+7.1 pts
Bachelor's+
71.5% → 68.1%
-3.4 pts
Median age
46.3 → 42.7
-3.6 yrs

The median rent in Andover, MA stood at $2,233 in 2022 and currently runs about $2,793, reflecting a 25.1% increase over the period. Census figures show median household income at $126,563 today, compared with $122,689 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 5.5% since 2021, moving from about 8,958 residents to roughly 9,451. Renters now make up 33.9% of households, compared with 26.8% five years ago. College-educated residents now make up 68.1% of adults here, versus 71.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Andover

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View Andover rent history (2015–2026) →
Salary vs rent

Can you afford rent in Andover on your salary?

At $2,793/mo, how Andover rent compares to typical pay (30% rule).

By apartment size

Andover rent by bedroom count

Median rent for each apartment size in Andover. Click any size for full breakdown.

Local insights

Tips for renters in Andover

About renting in Andover, MA

Last updated: July 20, 2026

The median rent in Andover is $2,793/mo as of July 2026. A studio apartment averages $1,770/mo while a 2-bedroom runs $2,580/mo. One-bedroom apartments average $1,970/mo and 3-bedroom units go for $3,110/mo.

At 26% of local median household income ($126,563/yr), Andover ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

Is Andover an affordable city for renters?

Andover is considered affordable for renters. At $2,793/mo, rent takes approximately 26% of the local median household income ($126,563/yr). The standard benchmark is 30%. Andover falls comfortably within that range.

How much income do you need to rent in Andover?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,793/mo in Andover. The local median household income is $126,563/yr, meaning the typical Andover household meets that threshold.

Is rent going up or down in Andover?

Rent in Andover has increased 5.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Andover rent compare to other cities in Massachusetts?

Andover is middle-of-the-pack for Massachusetts for rent, ranking #49 out of 107 tracked cities at $2,793/mo.

Which nearby cities are cheaper to rent in than Andover?

Several nearby cities have lower median rents than Andover ($2,793/mo): Lawrence ($2,347/mo), Methuen ($2,507/mo), Tewksbury ($2,781/mo).

What percentage of Andover residents rent vs. own?

According to Census data, approximately 33.9% of Andover households are renters, while 66.1% are owner-occupied. Andover leans toward homeownership, which can mean a smaller rental inventory.

How does Andover rent compare to the national average?

Andover's median rent of $2,793/mo is $828 (42%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #49 out of 107 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,793/mo, rent takes ~26% of Andover's median household income ($126,563/yr). The standard benchmark is 30%.

Andover 26%Benchmark 30%
State income tax5%
Run the Andover affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Andover, MA

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