Medford, MA
3 Beds
1 Bath
Available: 08/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,200/mo

Property Description

Available 8/1! Located in the heart of the desirable Wellington neighborhood, this updated 2nd floor 3 bed, 1 bath apartment is just minutes away from the bustling Assembly Row and Wellington Station. With easy access to shopping, dining, and entertainment, you'll have everything you need right at your fingertips. Recently renovated bathroom and kitchen, this apartment feels like new. The washer/dryer in unit and dishwasher add to the convenience factor making this truly desirable. Don't miss out on this opportunity! First month's rent, one month's security deposit and one month's broker fee due at lease signing. Utilities paid by tenant. Sorry no pets. Strong credit and references are required.

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Price Comparison

This apartment is 7.83% less expensive than the average price of $3,472 for 3 bedroom apartments in Medford. Congratulations on finding a great apartment that is below the average rent price in Medford. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Medford

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$128,000 - $153,600
You + 2 Roommates, Each:
$42,667 - $51,200
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

$4,480

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Mid Range

25% of Gross Income

$3,200

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Low Range

15% of Gross Income

$1,920

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Have You Considered Buying Your Own Home?

Instead of paying $3,200/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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