Somerville, MA
1 Bed
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.
$3,200/mo

Amenities & Apartment Information

Building

Fitness Center

Unit

Pet Friendly

Property Description

Check out Somerville's newest modern apartment complex, becoming available as soon as October 1! One bedroom pricing begins at $3250/mo and up. Welcome to The Guild- A home that works for you. The Guild is apart of a new and improved way of living. It is Somerville's 1st fully certified Passive House Net-Zero housing project with its high-performance and all electric design. Move right into an open concept, complete with a sleek, modern kitchen, with mutiple configuration options for your living areas. Built with community in mind, find yourself relaxing, socializing, or working from home in our large community room on the fourth floor. This space offers a kitchen and many seating areas. It connects to our beautiful outdoor terrace for all residents to enjoy! The gym will offer all basic needs for your fitness routine, including treadmills, dumbbells, and cable machines. In our pet friendly building, we offer many amenities for your loving pets.

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Price Comparison

This apartment is above the average price of $2,483 for 1 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 1 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

$128,000 - $153,600
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

$4,480

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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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