Medford, MA
3 Beds
2 Baths
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.
$3,700/mo
Heat Included

Property Description

LOCATION LOCATION LOCATION! Three bedroom Two bath apartment just 1/2 mile from Tufts on a gorgeous tree lined side street! Large renovated eat in kitchen with new Stainless Steel Appliances. Three large bedrooms with new floors. Two full bathrooms. Washer/Dryer in unit. Off street Parking for 2 cars in the driveway as well as additional on street parking. A shared landscaped yard with patio for your outdoor entertainment. Walking distance to Tufts University, Medford Center and less than a mile from the Medford/Tufts Green line. Close to bus stops and just a half mile to Rt 93! All the benefits of living in Medford with the feeling of living in a quiet Suburb. Move in costs are 1st month, Security deposit ($3700) and 1 month Broker fee. No smoking, No pets.

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Price Comparison

This apartment is above the average price of $3,455 for 3 bedroom apartments in Medford. 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 3 Bedroom Apartments in Medford

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$148,000 - $177,600
You + 2 Roommates, Each:
$49,333 - $59,200
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

$5,180

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Mid Range

25% of Gross Income

$3,700

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Low Range

15% of Gross Income

$2,220

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Have You Considered Buying Your Own Home?

Instead of paying $3,700/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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