Porter Square, Somerville, MA
4 Beds
2 Baths
Available: 09/01/2024
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$5,300/mo

Amenities & Apartment Information

Building

Parking: DriveWay
Gas Heat
Yard, Balcony

Unit

In-Unit Laundry
Hardwood, Carpet
Living Room
Dining Room
Dishwasher
Microwave
Gas Stove
Refrigerator

Property Description

This nice 4 Bed 2 Bath place in the SOMERVILLE - PORTER SQUARE area is available for Sep 1, 2024. Included Features are Gas Heat, a Yard, a Balcony, and laundry in Unit. NO PETS.! Transportation Options
Elm St opp Porter St Bus Stop 0.2 mi (5 min away)
Elm St @ Porter St Bus Stop 0.2 mi (5 min away)
Somerville Ave @ Lowell St Bus Stop 0.2 mi (4 min away)
Somerville Ave @ Sacramento St Bus Stop 0.2 mi (4 min away)
Somerville Ave @ Spring St Bus Stop 0.2 mi (5 min away)

Nearby Places
Chow n'Joy
Forge Baking Company
La Ronga Bakery & Delicatessen
Starbucks
Subway

Map

Price Comparison

This apartment is above the average price of $4,614 for 4 bedroom apartments in Somerville. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us today before this great unit is rented!

Average Rent Prices for 4 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$212,000 - $254,400
You + 3 Roommates, Each:
$53,000 - $63,600
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

$7,420

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Mid Range

25% of Gross Income

$5,300

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Low Range

15% of Gross Income

$3,180

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Have You Considered Buying Your Own Home?

Instead of paying $5,300/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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