Water Street Apartments

Q: What neighborhood is Water Street Apartments in?

Water Street Apartments is in the Medford Square neighborhood.

Q: Is Water Street Apartments in a walkable area?

Water Street Apartments has a walk score of 87. Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

Q: What is the address of Water Street Apartments?

Water Street Apartments is located at 42 Water St, Medford, MA 02155.

Q: What is the phone number of Water Street Apartments?

(781) 395-7660 will put you in contact with the team at Water Street Apartments.

Q: Is Water Street Apartments Medicare or Medicaid certified?

Water Street Apartments is not currently listed as a CMS-certified provider of Medicare or Medicaid.

Overview of Water Street Apartments

Surrounded by thriving local amenities in Medford, MA, Water Street Apartments is a purposely built community that offers independent living. Designed for low-income older adults, the community features a variety of cozy one-bedroom accommodations. Here, residents enjoy a hassle-free lifestyle, as maintenance is taken care of.

Entertainment sites and convenient local shops surround the area, providing endless leisure and wellness opportunities. Residents also enjoy various dining options with restaurants nearby. The community strives to maintain affordability, including utilities in the rent to ease financial burdens. With its warm and friendly environment, residents can keep their peace of mind and create unforgettable moments in retirement.

(781) 395-7660

Walk Score: 87 / 100

Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

What does this home offer?

Housing Options: 1 Bed

Building Type: Mid-rise

Parking Available

Types of Care at Water Street Apartments

Independent Living

0.7 miles from city center Estimated distance in miles from Medford's city center to Water Street Apartments's address, calculated via Google Maps.

Quick search

Calculate Travel Distance to Water Street Apartments

Add your location

Home Care Program

MassHealth Home Care

Age 60+

General Massachusetts resident, at risk of nursing home placement.

Income Limits (2025) ~$1,500/month individual, varies by region

Asset Limits $2,000 individual, excludes home, car

Coordinated through Aging Services Access Points (ASAPs); high demand in urban areas.

Benefits

In-home care (3-5 hours/day) Homemaker services Respite care (up to 14 days/year) Adult day care (~$75/day)

Frail Elder Waiver

Massachusetts Medicaid FE Waiver

Age 65+

General Massachusetts resident, Medicaid-eligible, nursing home-level care need.

Income Limits (2025) ~$2,829/month 300% FBR, individual

Asset Limits $2,000 (individual), $3,000 (couple).

Requires clinical eligibility determination.

Benefits

Personal care (5-7 hours/day) Respite care (240 hours/year) Adult day care (~$75/day) Home health services

Senior Care Options (SCO)

Massachusetts Senior Care Options

Age 65+

General Massachusetts resident, eligible for MassHealth (Medicare optional), nursing home-level care need.

Income Limits (2025) ~$2,829/month (300% FBR, individual); QIT allowed.

Asset Limits $2,000 (individual), $3,000 (couple) (excludes home up to $713,000, car).

Not available in Dukes/Nantucket Counties; multiple SCO providers (e.g., CCA, Tufts).

Benefits

Personal care (5-7 hours/day) Medical care Respite (240 hours/year) Adult

Medicare Savings Program (MSP)

Massachusetts Medicare Savings Program (MassHealth Buy-In)

Age 65+ or disabled

General Massachusetts resident, Medicare Part A/B.

Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

Asset Limits $9,430 (individual), $14,130 (couple).

Three tiers; no waitlist; includes Extra Help for Part D.

Benefits

Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

National Family Caregiver Support Program (NFCSP) Respite

Massachusetts NFCSP Respite Care

Age —

General Caregivers of 60+ needing care or 55+ caregivers of others; Massachusetts resident; functional needs (2+ ADLs).

Income Limits (2025) Prioritizes ~$24,980/year (individual); no strict cap.

Asset Limits Not assessed; need-based.

27 ASAPs; prioritizes low-income, rural caregivers.

Benefits

Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Caregiver training Supplies (~$500/year)

Prescription Advantage

Massachusetts Prescription Advantage

Age 65+ or disabled

General Massachusetts resident, enrolled in Medicare Part D (or ineligible for Medicare).

Income Limits (2025) No strict limit; copays vary by income ~$24,980-$75,000/year individual

Asset Limits Not assessed.

Supplements Medicare Part D; no enrollment fee for low-income.

Benefits

Covers prescription copays ($5-$40/drug) Fills coverage gaps Catastrophic cost protection ($4,000+ covered)

VA Aid and Attendance (A&A) and Housebound Benefits

Massachusetts VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse

General Massachusetts resident, wartime service, need for ADL help (A&A) or homebound.

Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

Asset Limits ~$155,356 net worth limit

High veteran demand statewide.

Benefits

Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

Compare Senior Living around Medford

Filter by care type


Willis Avenue Development	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Medford (South Medford)	149	No	87	1 Bed	No
Tempone Apartments	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Medford (West Medford)	100	No	77	1 Bed	No
Weldon Gardens	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Medford (Medford Square)	75	No	93	1 Bed	No
Water Street Apartments	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Medford (Medford Square)	35	No	87	1 Bed	No
Riverside Towers	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Medford (Medford Square)	-	Yes	88	1 Bed	No

View all Nearby Homes

What neighborhood is Water Street Apartments in?

Water Street Apartments is in the Medford Square neighborhood.

Is Water Street Apartments in a walkable area?

Water Street Apartments has a walk score of 87. Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

What is the address of Water Street Apartments?

Water Street Apartments is located at 42 Water St, Medford, MA 02155.

What is the phone number of Water Street Apartments?

(781) 395-7660 will put you in contact with the team at Water Street Apartments.

Is Water Street Apartments Medicare or Medicaid certified?

Water Street Apartments is not currently listed as a CMS-certified provider of Medicare or Medicaid.

Guides for Better Senior Living

Care Cost Calculator: See Prices in Your Area

Nursing Home Data Explorer

Don’t Wait Too Long: 7 Red Flag Signs Your Parent Needs Assisted Living Now

The True Cost of Assisted Living in 2025 – And How Families Are Paying For It

Understanding Senior Living Costs: Pricing Models, Discounts & Financial Assistance