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ZIP Code · MA

ZIP 01845

Pop. 32,494·Essex County·74th most expensive ZIP in Massachusetts
Median rent (all units)
$2,846/mo
Year-over-Year
+4.6%
Month-over-Month
+3.9%
vs US Median
+$881
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01845 · $2,846
More expensive than 87% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,060
1 BR
$2,280
2 BR
$2,990
3 BR
$3,590
4 BR+
$3,960
Research median
$2,990/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
$34,152/yr
At $2,846/mo median
Location
StateMA
CountyEssex County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.6% YoY, +3.9% MoM), not inventory.
Demographics

Who lives here

ZIP 01845 (North Andover, MA) is majority owner-occupied, has a median income above the national average, 61.1% of residents hold a bachelor's degree or higher.

Population
32,494
Median income
$140,670
Median age
38.5
Renters
30.2%
Age distribution
20.6%
25.3%
22.8%
14.8%
16.5%
Under 1820.6%
18–3425.3%
35–5422.8%
55–6414.8%
65+16.5%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
80%
White80%
Black3.2%
Hispanic7.8%
Asian7%
Other2%
Education (25+)
15.4%
20%
61.1%
No HS diploma3.5%
HS diploma15.4%
Some college20%
Bachelor's+61.1%
Housing tenure
69.8%
30.2%
Owner69.8%
Renter30.2%

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

2021 vs 2026

How ZIP 01845 in North Andover, MA has changed in 5 years

Rent
$2,068 → $2,846
up 37.6%
Income
$120,954 → $140,670
up 16.3%
Population
31,394 → 32,494
up 3.5%
Renter share
28.9% → 30.2%
+1.3 pts
Bachelor's+
60.2% → 61.1%
+0.9 pts
Median age
37.6 → 38.5
+0.9 yrs

Since 2021, the typical rent in ZIP 01845 in North Andover, MA has climbed from $2,068 to $2,846, a 37.6% change over five years. Local incomes tracked alongside that move, going from a median of $120,954 in 2021 to $140,670 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.5% since 2021, moving from about 31,394 residents to roughly 32,494. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 01845 in North Andover, MA market of 2021.

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Local insights

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About renting in ZIP 01845

Last updated: July 20, 2026

ZIP code 01845 covers North Andover, MA. The median rent here is $2,846/mo as of July 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,990/mo.

At 24% of local median household income ($140,670/yr), ZIP 01845 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01845?

As of July 20, 2026, the median monthly rent in ZIP 01845 (North Andover, MA) is $2,846. This is based on aggregated data from public sources and community submissions.

How does ZIP 01845 rent compare to the US average?

ZIP 01845's median rent of $2,846/mo is $881 (45%) above the US national median of $1,965/mo.

How does ZIP 01845 compare to other ZIPs in Massachusetts?

ZIP 01845 falls in the middle range for Massachusetts, ranking #74 out of 168 ZIPs at $2,846/mo.

How much income do you need to rent in ZIP 01845?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (~$55/hour full-time) to afford the median rent of $2,846/mo in ZIP 01845. The local median household income is $140,670/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 01845?

Rent in ZIP 01845 has increased 4.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 01845 an affordable place to rent?

ZIP 01845 is considered very affordable for renters. At $2,846/mo, rent takes approximately 24% of the local median household income ($140,670/yr). The standard benchmark is 30%. ZIP 01845 falls comfortably within that range.

What percentage of ZIP 01845 residents rent vs. own?

According to Census data, approximately 30.2% of ZIP 01845 households are renters, while 69.8% are owner-occupied. ZIP 01845 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 01845 compare to the rest of North Andover?

ZIP 01845 sits right at the North Andover citywide median of $2,846/mo.

When was rent data for ZIP 01845 last updated?

Rent data for ZIP 01845 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,846/mo, rent takes ~24% of ZIP 01845's median household income ($140,670/yr). The standard benchmark is 30%.

ZIP 01845 24%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01845 (North Andover, MA)

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