Melrose, MA
2 Beds
2 Baths
Available: 07/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,900/mo
Heat Included

Property Description

LOCATION, LOCATION, LOCATION! Rare opportunity to live in one of Melrose's most sought-after boutique rental buildings, 93 W Emerson! Just steps from the Library, Commuter Rail, Coffee Shops, Melrose Farmer's Market, & more! This unit has an ideal open layout featuring a large living room with gas fireplace and a kitchen with a breakfast bar peninsula, dishwasher, and plenty of storage. The primary bedroom has an en suite bath w/ walk-in shower and a large walk-in closet! The 2nd bedroom is a generous size and also features a walk-in closet. Central A/C, private storage, and deeded parking are a few added conveniences. Extra parking is available for a fee. Fully insulated exterior/interior walls make this unit both quiet and efficient. This desirable 6-unit complex rarely has any turnover, so don't miss your opportunity to make it your home! Private showings are available upon request. AVAILABLE JULY 1ST.

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Price Comparison

This apartment is above the average price of $2,711 for 2 bedroom apartments in Melrose. 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 about this great unit before it's gone!

Average Rent Prices for 2 Bedroom Apartments in Melrose

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$116,000 - $139,200
You + 1 Roommate, Each:
$58,000 - $69,600
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

$4,060

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Mid Range

25% of Gross Income

$2,900

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Low Range

15% of Gross Income

$1,740

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Have You Considered Buying Your Own Home?

Instead of paying $2,900/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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