Salem, MA
2 Beds
2 Baths
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
Price Reduced $200
Reduced Security Deposit

Amenities & Apartment Information

Unit

Pet Friendly
Central A/C
In-Unit Laundry
Hardwood
Walk-In Closets
Dishwasher
Disposal
Microwave
Refrigerator

Property Description

Transportation Options
Derby St @ Lafayette St Bus Stop 0.1 mi (3 min away)
New Derby St @ Klopp Alley Bus Stop 0.1 mi (2 min away)
New Derby St opp Klop Alley Bus Stop 0.1 mi (2 min away)
Washington St @ New Derby St Bus Stop 0.0 mi (1 min away)

Nearby Places
Maria’s Sweet Somethings
Passage to India
Rockefellas
The Derby
Ugly Mug Diner

Map

Price Comparison

This apartment is 1.72% less expensive than the average price of $2,849 for 2 bedroom apartments in Salem. Congratulations on finding a great apartment that is below the average rent price in Salem. Contact us about this great unit before it's gone!

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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