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Home Massachusetts Boston Downtown Apartments

Downtown 1 beds 1 baths Boston - $3,200

Available: 09-01-2024
22 Photos
$3,200/mo
1 Bed
1 Bath
Available: 09/01/2024
Downtown, Boston, MA
88 Kingston St, Boston, MA 02111
Listing courtesy of Hanneman Gonzales Penney Gould, Compass

Amenities & Apartment Information

Unit

In-Unit Laundry
Granite Countertops
Stainless Steel Appliances

Property Description

Available September 1. Stylish and contemporary loft style 1 bed/1 bath in the Lafayette Lofts centrally located in the Financial District. Offering 847 square feet, the open-concept apartment features a functional floor plan, oversized windows, 15' ceilings, hardwood floors, in-unit washer/dryer, and central AC. The kitchen features a sleek granite eat-in island, stainless steel appliances, and gas cooking. Enjoy custom California Closets and a full bathroom with a deep soaking tub and vanity storage. The interior bedroom is fit for a king bed. Tenants are responsible for gas, electricity, and cable/Wi-Fi. Lafayette Lofts is a professionally managed boutique elevator building close to South Station, Faneuil Hall, and the Red and Green Line MBTA Stations. No pets. Tenant to pay first, last, security, and broker fee (equal to one months rent) due at lease signing. $250 move in fee and $250 move out fee required.

Price Comparison

This apartment is above the average price of $2,941 for 1 bedroom apartments in Downtown. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us about this great unit before it's gone!

Average Rent Prices for 1 Bedroom Apartments in Downtown

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$116,364 - $153,600
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

$4,480

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Mid Range

25% of Gross Income

$3,200

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Low Range

15% of Gross Income

$1,920

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Have You Considered Buying
Your Own Home?

Instead of paying $3,200/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.