Millenium Tower580 Washington Street Boston, MA 02111
1 Bed
1 Bath
Available: 06/01/2024
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$4,500/mo*

Amenities & Apartment Information

Building

Luxury Apartment
Fitness Center

Unit

In-Unit Laundry

Property Description

The finest in city living is here at Millenium Place. Located in Boston's Avery Street corridor. Just one block from the Boston Commons and adjacent to the Ritz Carlton Hotel and Residence. Now offering a spacious 855sqft, one bedroom apartment with top-of-the-line appliances. Luxury finishes, including Granite and Marble. Stunning hardwood floors throughout. Experience this unique lifestyle. Millenium Place residences enjoy 5-star services such as 24-hour concierge. Amenities include common owners lounge, a wine room, fitness center, theatre room and more. There is a move-in/move-out fee of $1200 each way for renters. A broker fee equaling one month's rent. Renters insurance is required. Millenium Place is a non-smoking building.

Map

Price Comparison

This apartment is above the average price of $3,004 for 1 bedroom apartments in Chinatown. Rent prices tend to be higher for luxury apartments because of the wide range of amenities they provide. These buildings are also often conveniently located near transportation, shopping, restaurants, and green spaces. This may be your dream apartment. Contact Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 1 Bedroom Apartments in Chinatown

Rent Calculator & Affordability

Recommended Annual Gross Income

$180,000 - $216,000
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

$6,300

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Mid Range

25% of Gross Income

$4,500

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Low Range

15% of Gross Income

$2,700

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Have You Considered Buying Your Own Home?

Instead of paying $4,500/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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