How much does it cost to rent in Andover, MA?

As of August 2026, the median monthly rent in Andover, MA is $2,891. This figure is based on aggregated data from public sources and community-submitted rents.

Is Andover cheaper than other Massachusetts cities?

Andover falls in the middle range for Massachusetts, ranking #40 out of 112 cities at $2,891/mo.

When was Andover rent data last updated?

Andover rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Andover, MA?

HUD sets the Fair Market Rent for a two-bedroom home in Andover, MA at $2,580 per month, which is 11% below the $2,891 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · MA

Andover

Name: Average Rent Prices in Andover, MA
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 9,451·40th most expensive in Massachusetts·Andover rents are up 9.5% over the past year

Median rent (all units)

$2,891/mo

Year-over-Year

+9.5%

Month-over-Month

+3.5%

vs US Median

+$929

Rising (Monthly)

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Most AffordableMost Expensive

Andover · $2,891

More expensive than 88% of US cities · National median $1,962/mo

Rent Reality Score

44/100

Fairly priced

OverheatedFairGreat value

Rents are 3% above what Andover's 10-year trend predicts — running hotter than its own history.

Actual rent

$2,891/mo

Expected by trend

$2,806/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

Fair Market Rent (HUD)

$2,580/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,891 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost

$34,692/yr

At $2,891/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.5% YoY, +3.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

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 → $2,891

up 29.5%

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 $2,891, reflecting a 29.5% 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 $2,891/mo, how Andover rent compares to typical pay (30% rule).

Registered Nurse

Avg $109,597/yr · Rent = 31.7% income

stretched

Elementary School Teacher

Avg $77,813/yr · Rent = 44.6% income

rent-burdened

Police Officer

Avg $89,633/yr · Rent = 38.7% income

stretched

Software Developer

Avg $160,208/yr · Rent = 21.7% income

affordable

Lawyer

Avg $204,705/yr · Rent = 16.9% income

very comfortable

Firefighter

Avg $72,860/yr · Rent = 47.6% income

rent-burdened

Truck Driver

Avg $65,784/yr · Rent = 52.7% income

severely rent-burdened

Electrician

Avg $81,084/yr · Rent = 42.8% income

rent-burdened

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: August 17, 2026

The median rent in Andover is $2,891/mo as of August 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 27% of local median household income ($126,563/yr), Andover ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.5% over the past year.

FAQ

Frequently asked questions

Is Andover an affordable city for renters?

Andover is considered affordable for renters. At $2,891/mo, rent takes approximately 27% 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 $116,000/year (~$56/hour full-time) to afford the median rent of $2,891/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 9.5% over the past year as of August 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 #40 out of 112 tracked cities at $2,891/mo.

Which nearby cities are cheaper to rent in than Andover?

Several nearby cities have lower median rents than Andover ($2,891/mo): Lawrence ($2,379/mo), Methuen ($2,489/mo), North Andover ($2,851/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 $2,891/mo is $929 (47%) above the US national median of $1,962/mo. Within Massachusetts, it ranks #40 out of 112 tracked cities.

Income Affordability

27%

AFFORDABLE

At $2,891/mo, rent takes ~27% of Andover's median household income ($126,563/yr). The standard benchmark is 30%.

Andover 27%Benchmark 30%

State income tax5%

Run the Andover affordability calculator →

Nearby cities