Somerville, 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.
$3,000/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Available to move-in NOW! Welcome to this 2 bedroom, 1 bath rental located on the 3rd floor of a 4-family property in the heart of vibrant Union Square. Spacious living room with hardwood floors leads to a pretty dining room. Eat-in kitchen with many cabinets. I-unit laundry. Additionally, you'll have access to basement storage and garage parking for 1 car. Plenty of on street permit parking is available as well. The location of this rental is a walker’s paradise, with a 96 walk score. Steps to public transportation, the green line. Tenants to pay all utilities except landlord covers water. Pets are negotiable on a case-by-case basis. Tenants must have a good credit history and strong references. Tenant to pay 1 month broker fee.

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Price Comparison

This apartment is 4.21% less expensive than the average price of $3,132 for 2 bedroom apartments in Somerville. Congratulations on finding a great apartment that is below the average rent price in Somerville. Contact us about this great unit before it's gone!

Average Rent Prices for 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$120,000 - $144,000
You + 1 Roommate, Each:
$60,000 - $72,000
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.

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How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$4,200

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Mid Range

25% of Gross Income

$3,000

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Low Range

15% of Gross Income

$1,800

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Have You Considered Buying Your Own Home?

Instead of paying $3,000/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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