Salem, MA
3 Beds
1 Bath
Available: 09/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,875/mo
No Fee
Heat Included

Property Description

Large, bright, sunny, recently renovated first floor three bedroom, 1 large bath apartment. Spacious, well separated bedrooms with new ceiling fans. Two bedrooms have huge walk-in closets, one has a large double closet. Additional walk-in closet off kitchen. Large, super sunny living room with ceiling fan and peaks of the ocean. Recent insulated windows, walls and ceilings, sound insulation from unit above (one quiet mature professional gentleman), oak laminate floors. Kitchen with full size range, hood/microwave, dishwasher, oak cabinets. Washer/dryer hook-ups in unit. High-efficiency LED ceiling lighting throughout. Off street parking. Washer/dryer hook-ups. Walk to train, and to downtown Salem and downtown Beverly. Restaurants, yoga studio, liquor store, Dunkin, oceanfront park less than five minute walk away. Close to Salem-Beverly bridge for easy access to the rest of the North Shore. Good credit required.

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Price Comparison

This apartment is 16.67% 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:
$115,000 - $138,000
You + 2 Roommates, Each:
$38,333 - $46,000
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

$4,025

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Mid Range

25% of Gross Income

$2,875

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Low Range

15% of Gross Income

$1,725

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Have You Considered Buying Your Own Home?

Instead of paying $2,875/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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