Somerville, MA
2 Beds
1 Bath
Available: 09/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,250/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Stainless Steel Appliances

Property Description

**AVAILABLE SEPTEMBER 1ST**Newly updated 2 bedroom condo in Magoun Square. This unit is on the second floor with its own private entrance and features exposed brick, stained hardwood floors throughout, and high ceilings. The Kitchen is equipped with all new high efficiency stainless steel appliances and open concept living room. Large Master bedroom with lots of closet space. Washer and dryer in unit, deeded storage space in basement with direct access from the unit. Close to two proposed Green Line extension stops (Lowell St and Gilman) plus close proximity to the Green Line (Lechmere), Red Line (Porter), and the bus route on Medford Street. Large common back yard with brick patio.No showings until Tuesday July 22nd. Need to give tenants 24 hours notice

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Price Comparison

This apartment is above the average price of $3,168 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:
$130,000 - $156,000
You + 1 Roommate, Each:
$65,000 - $78,000
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.

Rent Calculator

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

High Range

35% of Gross Income

$4,550

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Mid Range

25% of Gross Income

$3,250

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Low Range

15% of Gross Income

$1,950

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Have You Considered Buying Your Own Home?

Instead of paying $3,250/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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