Back Bay, Boston, MA
Studio
1 Bath
Available: 11/20/2024
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$7,200/mo
Heat Included

Amenities & Apartment Information

Building

Pool
Fitness Center

Unit

Pet Friendly
Furnished Apartment
In-Unit Laundry

Property Description

Enjoy unparalleled Charles River and Back Bay cityscape views from this spacious and beautifully furnished studio at Back Bay's all-new Raffles Residences; the first property by Raffles Hotels & Resorts in North America. This sun-filled studio with an integrated kitchen that features marble countertops and Subzero & Wolf appliances. There is a luxurious bathroom w/ glass shower as well as in-unit washer/dryer. Available for short (min. 1 month), mid, and longer term leases. Leases less than 6 months to be negotiated at a higher price. Parking available for a fee. Don't miss your chance to live in this unprecedented residential and 5-star hotel residence in the heart of the Back Bay, with 16 amenity spaces that include 5 restaurants and bars by nationally renowned chefs, a state-of-the-art spa and fitness center with 20-meter pool. Enjoy access to all of these fabulous hotel amenities and for 6+ month leases, you can also luxuriate in exclusive owner amenities. Luxurious living awaits!

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Price Comparison

This apartment is above the average price of $2,451 for studio apartments in Back Bay. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Contact us today before this great unit is rented!

Average Rent Prices for Studio Apartments in Back Bay

Rent Calculator & Affordability

Recommended Annual Gross Income

$288,000 - $345,600
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$10,080

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Mid Range

25% of Gross Income

$7,200

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Low Range

15% of Gross Income

$4,320

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Have You Considered Buying Your Own Home?

Instead of paying $7,200/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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