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You are here:
Home Massachusetts Boston Back Bay Apartments

Back Bay 3 beds 1 baths Boston - $5,000

Available: 09-01-2024
15 Photos
$5,000/mo
3 Beds
1 Bath
Available: 09/01/2024
Back Bay, Boston, MA
282 Newbury Street, Boston, MA 02116
Listing courtesy of Cole Harris, Compass

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Looking for 3 bedrooms in an elevator building? Look no further! The 5th floor is home to this well thought-out 3 bedroom, one full bathroom apartment. Each bedroom can accommodate queen sized beds, with room for a desk and/or dresser, ideal for those working hybrid work schedules! The unit offers hardwood floors, a generous ceiling height, and a kitchen offering a dishwasher. The professionally managed building offers laundry in the basement, along with additional storage. Top notch location on Newbury St. provides incredible access to The Shopping and Dining in Back Bay, Nearby Prudential Center, and The Charles River Esplanade. Multiple transit options available right outside your door.

Price Comparison

This apartment is 6.58% less expensive than the average price of $5,352 for 3 bedroom apartments in Back Bay. It's rare to find an apartment this far below the average rent price in Back Bay. Units like this rent quickly. Contact us about this great unit before it's gone!

Average Rent Prices for 3 Bedroom Apartments in Back Bay

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$181,818 - $240,000

You + 2 Roommates, Each:

$66,667 - $80,000
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

$7,000

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Mid Range

25% of Gross Income

$5,000

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Low Range

15% of Gross Income

$3,000

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Have You Considered Buying
Your Own Home?

Instead of paying $5,000/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 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.