Medford, MA
2 Beds
1 Bath
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,800/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Spacious and bright first floor unit on centrally located Forest Street, Medford. Living room, Dining room, 2 Bedrooms all with hardwood throughout. Large eat in kitchen with Frig, D/W. Tiled bath with tub. Tandem one car parking in driveway or on-street parking available. Large common space in backyard. Additional storage in basement, W/D for exclusive use of first floor tenant, included. Pets with LL approval. Available Dec.15.

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Price Comparison

This apartment is above the average price of $2,679 for 2 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 us today before this great unit is rented!

Average Rent Prices for 2 Bedroom Apartments in Medford

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$112,000 - $134,400
You + 1 Roommate, Each:
$56,000 - $67,200
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

$3,920

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Mid Range

25% of Gross Income

$2,800

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Low Range

15% of Gross Income

$1,680

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Have You Considered Buying Your Own Home?

Instead of paying $2,800/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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