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Prospect Union Square apartments in Somerville, MA

Updated

Prospect Union Square

50 Prospect St, Somerville, MA 02143

4.6 (114 reviews) Official Website

Live pricing, refreshed

11
Units Listed
$2,810
Starting at
$3,640
Average
$5,065
Highest
$6.17
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Somerville, MA rent trends

Beds

Pricing by Bedroom

Studio
$3,011
from $2,810 · 4 units
~430 sqft avg
1 Bed
$3,431
from $3,357 · 4 units
~547 sqft avg
2 Bed
$4,758
from $4,575 · 3 units
~861 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (18)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$477K

$5.7M annual run rate

Modeled estimate

Est. Occupancy

93%

of about 150 units (modeled from leasing activity)

Effective Rent on New Leases

$3,430

vs $3,640 current asking ($210 negotiation gap)

Recent Lease Activity

25 units tracked; 14 assumed leased, 11 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

11

Moderate availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

11 units
Studio / 1 Bath
$2,810/mo
432 ft² · $6.50/ft\u00B2 · #Studio-T-S1
Studio / 1 Bath
$2,951/mo
416 ft² · $7.09/ft\u00B2 · #Studio-T-S7
Studio / 1 Bath
$3,137/mo
429 ft² · $7.31/ft\u00B2 · #Studio-T-S2
Studio / 1 Bath
$3,146/mo
442 ft² · $7.12/ft\u00B2 · #Studio-T-S5-1
1 Bed / 1 Bath
$3,357/mo
544 ft² · $6.17/ft\u00B2 · #1 Bed/1 Bath-T-A7
1 Bed / 1 Bath
$3,395/mo
540 ft² · $6.29/ft\u00B2 · #1 Bed/1 Bath-T-A4
1 Bed / 1 Bath
$3,482/mo
572 ft² · $6.09/ft\u00B2 · #1 Bed/1 Bath-B-A8
1 Bed / 1 Bath
$3,490/mo
530 ft² · $6.58/ft\u00B2 · #1 Bed/1 Bath-B-A4
2 Bed / 2 Bath
$4,575/mo
878 ft² · $5.21/ft\u00B2 · #2 Bed/2 Bath-B-B6
2 Bed / 2 Bath
$4,635/mo
858 ft² · $5.40/ft\u00B2 · #2 Bed/2 Bath-B-B2

Train activity

Train activity nearby

Passenger line 1,834 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: MBTA

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Somerville, MA notes

No resident notes for this property yet.

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