Salem, MA
2 Beds
1 Bath
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,800/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
Granite Countertops

Property Description

Freshly upgraded 2 bedroom plus office townhouse style apartment for rent in quiet neighborhood. Gorgeous chef's kitchen with beautiful new granite countertops, all hardwood floors and plenty of sunlight! First level features eat in kitchen, full bathroom with tub, gorgeous living room and spacious primary bedroom. Second level boasts a bedroom and office. 2 car off street parking, shared yard and shared laundry in the basement complete this home. Tenant responsible for heat, electric and cable. First and security due at lease signing. Must have EXCELLENT credit, (720+) ability to pay, (monthly income must be 3X monthly rent, $8,400) and references. Credit/criminal and eviction check to be done at applicant's expense ($43, non-refundable)

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Price Comparison

This apartment is 2.03% less expensive than the average price of $2,858 for 2 bedroom apartments in Salem. Congratulations on finding a great apartment that is below the average rent price in Salem. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$112,000 - $134,400
You + 1 Roommate, Each:
$56,000 - $67,200
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

$3,920

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Mid Range

25% of Gross Income

$2,800

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Low Range

15% of Gross Income

$1,680

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Have You Considered Buying Your Own Home?

Instead of paying $2,800/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate 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.

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