Somerville, MA
2 Beds
1 Bath
Available: 01/01/2025
*
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
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Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Located in the heart of Ball Square and just steps from the Green Line - Ball Square station (approximately 475 feet), this newly renovated 2-bedroom split, 1-bathroom apartment will be available on 1/1/25. Pet-friendly and ideally situated, it provides easy access to local restaurants, bike lanes, and all that Somerville's vibrant Ball Square neighborhood has to offer. Pet rent is $25 per cat and $50 per dog. Driveway parking for up to two cars is available for an additional $150 per month.

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Price Comparison

This apartment is above the average price of $3,096 for 2 bedroom apartments in Somerville. 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 Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$128,000 - $153,600
You + 1 Roommate, Each:
$64,000 - $76,800
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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