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Home Massachusetts Medford Apartments

Medford 4 beds 1 baths - $4,950

Available: 09-01-2024
29 Photos
$4,950/mo
4 Beds
1 Bath
Available: 09/01/2024
Medford, MA
50 Canal St, Medford, MA 02155
Listing courtesy of Mackeddy Fils, Real Estate Broker Mackeddy Fils

Amenities & Apartment Information

Unit

In-Unit Laundry

Property Description

Are you looking for a house in Medford? This is the one near transportation and every convenience the city has to offer! You will feel right at home because this is a house with four bedrooms, a full kitchen, a full bathroom on the second level near two main bedrooms. The third level has the other bedrooms. The first level has a livingroom, a dinning room connected to the side room leading to the back patio. The back yard is right off the patio giving you enough room to play away from the train tracks. Come see your next home!

Price Comparison

This apartment is above the average price of $4,310 for 4 bedroom apartments in Medford. 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 us today before this great unit is rented!

Average Rent Prices for 4 Bedroom Apartments in Medford

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$180,000 - $237,600

You + 3 Roommates, Each:

$49,500 - $59,400
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

$6,930

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Mid Range

25% of Gross Income

$4,950

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Low Range

15% of Gross Income

$2,970

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Hidden

Have You Considered Buying
Your Own Home?

Instead of paying $4,950/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.