Salem, MA
3 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.
$2,900/mo
No Fee
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Enjoy comfortable living in this spacious 3 bedroom, 1 bathroom unit plus a versatile bonus room, perfect for a home office, guest space, or extra storage! This beautifully updated home features a private porch where you can unwind and enjoy the fresh air. Located in a great area of Salem, you’ll be close to local shops, dining, parks, and everything this vibrant community has to offer. The building includes laundry, and you’ll have 1 off-street parking spot, making living easier than ever. Available July 1st, don’t miss your chance to make this charming Salem unit your new home. Schedule a tour today and see all it has to offer!

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Price Comparison

This apartment is 15.94% less expensive than the average price of $3,450 for 3 bedroom apartments in Salem. Congratulations on finding a great apartment that is below the average rent price in Salem. Contact us today before this great unit is rented!

Average Rent Prices for 3 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$116,000 - $139,200
You + 2 Roommates, Each:
$38,667 - $46,400
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

$4,060

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Mid Range

25% of Gross Income

$2,900

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Low Range

15% of Gross Income

$1,740

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Have You Considered Buying Your Own Home?

Instead of paying $2,900/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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