Somerville, MA
3 Beds
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.
$3,000/mo
No Fee

Amenities & Apartment Information

Unit

Pet Friendly
Granite Countertops

Property Description

RENOVATED large 3 bedroom suite is on the SECOND floor. Hardwood Floors, High Ceilings, and Door Ways. Unit is deleaded! NEWER granite Eat in Kitchen has door to rear porch and also opens to large dining room Decorative Fireplace in the Living Room. Newer Modern Ceramic Tile Bathroom. Spacious bedrooms. Freshly painted and gleaming hardwood floors- Parking in rear for 2 vehicles. Laundry is done off premises- there is a laundromat across the street. Rental rate is for up to 3 people with Good Credit and Income! Gas Heat First and Security! Scheduling showings for tenants with good credit, good references and a gross household income to exceed 3x the rent Occupancy for August 1st. 3D tour and application on LB website

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Price Comparison

This apartment is 20.3% less expensive than the average price of $3,764 for 3 bedroom apartments in Somerville. It's rare to find an apartment this far below the average rent price in Somerville. Units like this rent quickly. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$120,000 - $144,000
You + 2 Roommates, Each:
$40,000 - $48,000
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

$4,200

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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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