South Boston, Boston, MA
3 Beds
3 Baths
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.
$4,800/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Quartz Countertops

Property Description

AVAILABLE SEPTEMBER 1 - COMPLETE RENOVATION IN 2020 - 3 BED/3 BATH - REDUCED TO $4800/month. 16 Loring Street-West Side Single Family Rental. This property features a great outdoor patio space, storage, laundry, hardwood floors, CENTRAL AC, all new energy efficient systems, queen size bedrooms, 3 full baths, large eat in kitchen with lots of storage and white cabinets with quartz marble like counters, nice natural light, private outdoor space. Additional bonus basement space can be used as gym - previous tenants' photos. Great location - walk to all that West Broadway has to offer with shops & restaurants etc. First month, security and broker fee due at lease signing. Pets considered. Thanks for looking.

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Price Comparison

This apartment is above the average price of $4,237 for 3 bedroom apartments in South Boston. 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. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in South Boston

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$192,000 - $230,400
You + 2 Roommates, 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

$6,720

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Mid Range

25% of Gross Income

$4,800

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Low Range

15% of Gross Income

$2,880

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Have You Considered Buying Your Own Home?

Instead of paying $4,800/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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