Back Bay, Boston, MA
Studio
1 Bath
Available: 01/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$7,350/mo
Heat Included

Amenities & Apartment Information

Building

Pool

Unit

Pet Friendly
Furnished Apartment
Central A/C
In-Unit Laundry

Property Description

Welcome to the all-new Raffles Boston - Redefining urban elegance. You have never seen a building like Raffles Boston - an exquisitely designed vertical neighborhood within Boston’s most dynamic neighborhood, the Back Bay. From 5 restaurants and bars by Michelin-starred chef George Mendes and James Beard winner Jody Adams to a variety of distinct spaces for socializing, relaxing, entertaining, and playing, to a 20-meter lap pool, spa, and state-of-the-art gym, Secret Garden Tea Room, Sports Lounge and more, Raffles offers an unparalleled mix of adventure and tranquility. This residence is a corner unit featuring stunning views over the Charles River and of the Old and New Hancock Towers. Its 540 sf of furnished studio living features expansive floor-to-ceiling windows, a marble kitchen with SubZero & Wolf appliances & in-unit w/d. Luxuriate in the spacious bathroom w/Hancock views, soaking tub & glass shower. Min 1-month lease, rents vary by lease length.

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Price Comparison

This apartment is above the average price of $2,444 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

$294,000 - $352,800
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

$10,290

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Mid Range

25% of Gross Income

$7,350

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Low Range

15% of Gross Income

$4,410

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Have You Considered Buying Your Own Home?

Instead of paying $7,350/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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