Difference between renting a Beacon Hill condo and apartment complex

UTILITIES

Tenant responsible for paying electricity. Owner pays gas, water, and trash in their  condo dues.

PETS

No pet rent. Owner asks for a pet deposit which is refundable if no pet damage.

PARKING

Included (if parking space owned with unit, most condos come with at least 1 space)

EXTRA STORAGE

Included (if storage cage/room owned with the unit)

AVAILABILITY

Within 30 days or less.

RENT

May be negotiable if signing a 2 year or longer lease and/or able to occupy the condo immediately minimizing vacancy for the owner. Based on good credit.

SECURITY DEPOSIT

Same as 1 month’s rent

LEASE RENEWAL

Varies. But If a good tenant in place, most times the owner will choose to keep the rental rate the same.

APARTMENT BUILDING
(All units in the building are rentals)

 

CONCLUSION:

If you’re renting while saving money to purchase or trying out the Boston condo lifestyle before making a more permanent decision, and you have the funds to cover a higher security deposit, choosing to lease in a residential building is most of the time the most cost effective option.

We will be happy to help you find a place until you’re ready to shop for your future home. And discuss renting vs. buying to help you determine what’s right for you, right now.

Optic/Map Beacon Hill Condo Search

Loading...
Loading...

View Boston Boston Beacon Hill condos for sale.


Sorry we are experiencing system issues. Please try again.

Newest Beacon Hill Condos for Sale


Sorry we are experiencing system issues. Please try again.

Buying a Beacon Hill condo for sale

Click here back to Boston Real Estate Home Search

Boston condos for sale for 2020 & 2020

Back Bay condos for sale 2020

Beacon HIll condos for sale

Charlestown condos for sale under $1M for 2020

Boston downtown condos for sale for 2020

Boston Downtown real estate

Boston High rise condos for sale

Boston Midtown condos for sale 2020

Boston North End condos for sale 2020

Seaport Condos for sale 2020

Boston Apartments for rent

Contact me to find out more about this property or to set up an appointment to see it.

John Ford, Broker
realtyford@yahoo.com
Janet Lamb, Vice President
lamb.janet@yahoo.com
Ford Realty
137 Charles Street
Boston, MA 02114
(617) 720-5454 (9:00 – 5:00 EST)
(617) 595-3712 (On Call Broker After Hours)

Beacon Hill Population Demographics

 

Total Population 5,075
Male Population 2,465
Female Population 2,611
Male Population 48.57 %
Female Population 51.45 %
Median Age 33
Citizen US Born 4,022
Citizen not US Born 594
Not Citizen 460
Citizen US Born 79.25 %
Citizen not US Born 11.7 %
Not Citizen 9.06 %
Moved from Abroad 154
Moved from Same Country 626
Moved from Same State 407
Moved from Different State 392
Same House as Last Year 3,472
Moved from Abroad 3.03 %
Moved from Same Country 12.33 %
Moved from Same State 8.02 %
Moved from Different State 7.72 %
Same House as Last Year 68.41 %

Occupational Employment in Beacon Hill

White Collar 3,022
Blue Collar 69
White Collar59.55 %
Blue Collar1.36 %
Self Employees 166
Private Companies 2,137
Governmental Workers 144
Not for Profit Companies 643
Self Employees 3.27 %
Private Companies 42.11 %
Governmental Workers 2.84 %
Not for Profit Companies 12.67 %

Number of Households in Beacon Hill

Total Households 2,532
Average People Per Household 2
Family Households 831
Non-family Households 1,701
Non-family Households 16.37 %
Family Households 33.52 %
Households with Children 304
Households without Children 2,228
Households with Children 5.99 %
Households without Children 43.9 %

Median and Average Income in Beacon Hill

Average Household Income $159,432.38
Median Household Income $107,838.00
People below Poverty Level 581
People above Poverty Level 4,107

Housing in Beacon Hill

Occupied Housing Units 2,532
Owner Occupied 859
Renter Occupied 1,673
Owner Occupied 16.93 %
Renter Occupied 32.97 %
With Mortgage 479
Without Mortgage 380
Median Value with Mortgage $698,850.00
Median Value without Mortgage $916,950.00
Median Housing Costs per Month $2,286.00
With Mortgage 9.44 %
Without Mortgage 7.49 %

Beacon Hill Education Statistics

No High School 37
Some High School 448
Some College 339
Associate Degree 94
Bachelor’s Degree 1,733
Graduate Degree 1,764
Never Married 2,381
Married 1,759
Separated 34
Widowed 101
Divorced 346
Never Married 46.92 %
Married 34.66 %
Separated 0.67 %
Widowed 1.99 %
Divorced 6.82 %

Means of Transport to Work in Beacon Hill

Car 566
Bus or TrolleyBus 148
Railroad 88
Bicycle 73
TaxiCab 22
Walk 1,484

 

Click Here: Back to Boston Real Estate Home Search

Back to homepage: Boston condos for sale

Ford Realty – Boston Real Estate Google Reviews 2019

FAQ: Moving to Boston from another state or city

FAQ Boston Condo/Apartment Rental Process

What do I need to bring with me to rent out a Boston apartment/condo

What is a Boston condo/apartment credit check?

What is a Boston security deposit?

Why does it cost more to move into a high rise condo or apartment complex?

What is apartment rental insurance?

How do I break my Boston condo rental lease?

For Boston condo landlords

Boston condos to rent misc questions and thoughts

Updated: November 2018

Question & Answers Regarding Beacon Hill Condo For Sale

Beacon Hill Condos For Sale

Call Now