Back Bay, Boston, MA
Studio
1 Bath
Available: 11/01/2024
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$7,500/mo
Heat Included

Amenities & Apartment Information

Building

Pool
Fitness Center

Unit

Furnished Apartment
Central A/C
In-Unit Laundry

Property Description

Welcome to the all-new Raffles Boston - Redefining urban elegance. The meticulously designed building was developed with unparalleled attention to detail, focused on a refined blend of sophistication, comfort & convenience. Unit 1510 offers 512sqft of furnished studio living featuring expansive floor-to-ceiling windows w/breathtaking views of Boston's iconic skyline. The integrated kitchen incorporates marble counters, SubZero & Wolf appliances & in-unit w/d. Luxuriate in the spacious bathroom w/soaking tub & glass shower. Raffles provides an unprecedented level of service & amenities w/24.7 concierge & access to 16 lavish amenity spaces including 6 food/beverage venues, featuring; Amar by Michelin chef George Mendez, Raffles signature Long Bar, a state-of-the-art fitness center w/20-meter lap pool, spa & much more! The 21st Fl offers a variety of exclusive resident havens including virtual golf, Secret Garden Tea Room, Wine Lounge & more. Min 1 month lease, rents vary by lease length

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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 Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for Studio Apartments in Back Bay

Rent Calculator & Affordability

Recommended Annual Gross Income

$300,000 - $360,000
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

$10,500

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Mid Range

25% of Gross Income

$7,500

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Low Range

15% of Gross Income

$4,500

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Have You Considered Buying Your Own Home?

Instead of paying $7,500/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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