Somerville, MA
2 Beds
1 Bath
Available: 06/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,850/mo
Heat Included

Amenities & Apartment Information

Unit

Stainless Steel Appliances

Property Description

2022 NEWLY RENOVATION elevators building. Heat and hot water including -two bedrooms 278 Beacon Street is within walking distance to Porter Square, Harvard Law, Lesley University and all of the great dining and nightlife that Somerville and Cambridge have to offer. The building has recently been upgraded with all new finishes in the apartments and revitalized common areas. The apartments feature all new kitchens and baths with stainless steel appliances including; Fridge, Microwave/Hood, Electric Range, Dishwasher and Garbage Disposal. Bathrooms have all new white tile and new bath fixtures with illuminated medicine cabinets. Building has on-site parking for an additional fee and common card/app operated laundry. Easy access to incredible dining and shopping options, and some of the nation's top-ranked universities and hospitals are just a few minutes away. Residents will enjoy quick access to Storrow Drive, I-90, I-93, a bike path, and various options for public transportation.

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Price Comparison

This apartment is above the average price of $3,142 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 us today before this great unit is rented!

Average Rent Prices for 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$154,000 - $184,800
You + 1 Roommate, Each:
$77,000 - $92,400
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

$5,390

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Mid Range

25% of Gross Income

$3,850

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Low Range

15% of Gross Income

$2,310

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Have You Considered Buying Your Own Home?

Instead of paying $3,850/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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