5+ Days Ago
Highlights
- Quiet street
- Off-street parking spot
- Both bedrooms are spacious
Location
40 Grace St #1, Malden, MA 02148, USA|Oak Grove
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Amenities for 40 Grace St #1, Oak Grove
Building
| Cats OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 40 Grace St #1
Sweet deal!
This listing is 15% below the median price for 2 bedroom apartments in Oak Grove.
Spacious apartment in a great location in West Malden. Just a 10 minute walk to the orange line, as well as many shops and restaurants. The apartment features a large living room/dining room area, and both bedrooms are spacious. One off-street parking spot is included, and street parking for additional cars is very easy. Its located on a nice quiet street. Fee Disclosure: First Month Rent: $2,200 Security Deposit: $2,200
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40 Grace St #1 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 2 miles away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | Oak Grove |
|---|---|
| Zip code | 02148 |
| Type | Apartment for rent |
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Rent trends in Oak Grove
2-bedroom apartments at 40 Grace St #1 cost about 15% less than the average rent price for 2-bedroom apartments in Malden.
Median rents as of Mar 28 2026.
Oak Grove
Malden
| Month | Median Rent |
|---|---|
| April 2024 | $2,615 |
| May 2024 | $2,880 |
| June 2024 | $2,823 |
| July 2024 | $2,750 |
| August 2024 | $2,665 |
| September 2024 | $2,675 |
| October 2024 | $2,687 |
| November 2024 | $2,764 |
| December 2024 | $2,828 |
| January 2025 | $2,529 |
| February 2025 | $2,662 |
| March 2025 | $2,704 |
| April 2025 | $2,706 |
| May 2025 | $2,785 |
| June 2025 | $2,781 |
| July 2025 | $2,848 |
| August 2025 | $3,029 |
| September 2025 | $2,817 |
| October 2025 | $2,713 |
| November 2025 | $2,910 |
| December 2025 | $2,831 |
| January 2026 | $2,903 |
| February 2026 | $2,800 |
| March 2026 | $2,775 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,550 |
| May 2024 | $2,600 |
| June 2024 | $2,620 |
| July 2024 | $2,675 |
| August 2024 | $2,480 |
| September 2024 | $2,536 |
| October 2024 | $2,631 |
| November 2024 | $2,557 |
| December 2024 | $2,687 |
| January 2025 | $2,500 |
| February 2025 | $2,518 |
| March 2025 | $2,457 |
| April 2025 | $2,522 |
| May 2025 | $2,482 |
| June 2025 | $2,475 |
| July 2025 | $2,565 |
| August 2025 | $2,621 |
| September 2025 | $2,740 |
| October 2025 | $2,635 |
| November 2025 | $2,512 |
| December 2025 | $2,687 |
| January 2026 | $2,700 |
| February 2026 | $2,600 |
| March 2026 | $2,600 |
Affordability calculator
Can I afford to live at 40 Grace St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 40 Grace St #1
Beebe School
401 pleasant st
malden, MA, 2148
K-8Public
B-
Malden Early Learning Center
257 mountain ave
malden, MA, 2148
PKPublic
Ferryway School
150 cross st
malden, MA, 2148
K-8Public
B-
Forestdale School
74 sylvan st
malden, MA, 2148
K-8Public
B-
Salemwood School
529 salem st
malden, MA, 2148
K-8Public
B-
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Internet available near 40 Grace St #1
Neighborhood
Oak Grove | Malden, MA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Malden near 40 Grace St #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 40 Grace St #1, Malden
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
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