Magoun/Ball Square, Somerville, MA
2 Beds
1 Bath
Available: 07/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,000/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Beautiful 2 bedrooms condo TOP FLOOR UNIT in a gated community building of 301 Lowell St - Steps to Magoun T station and located in the heart of Powder house/Magoun Sq Community in Somerville. Hardwood floor throughout the unit with a decent kitchen ready for use. Easy access to Porter Sq & Davis Sq T station and Tufts Univ. Building also features extra storage room in the basement for exclusive use. Rent Includes one off-street parking space. Don't miss the gem!

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Price Comparison

This apartment is 5.51% less expensive than the average price of $3,175 for 2 bedroom apartments in Somerville. Congratulations on finding a great apartment that is below the average rent price in Somerville. Reach out to our agent to schedule a showing or request a rental application.

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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