Salem, MA
3 Beds
1 Bath
Available: 11/15/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,145/mo

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Now available—renovated 3-bedroom apartment in the heart of downtown Salem! Located at 8 Porter St Ct, this spacious unit is just minutes from downtown, Pickering Wharf, Palmer Cove Park, and the Salem MBTA station for easy commuting to Boston. Enjoy historic charm in this professionally managed building with a private deck, modern updates, gas heat, and common laundry in the basement. Off-street parking available for $100/month and storage units available for $75/month. AVAILBLE 11/15 or 12/1 - Lease through 5/31/26, or other agreed upon end date. Only First Month's Rent and Security Deposit up front. No Prepaid Last Month's Rent! Utilities not included. Don’t miss this well-located and beautifully updated apartment! - Note: **THESE PICTURES ARE OF A SIMILAR UNIT IN THE BUILDING - This unit does NOT have a dishwasher.

Map

Price Comparison

This apartment is 8.84% 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 about this great unit before it's gone!

Average Rent Prices for 3 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$125,800 - $150,960
You + 2 Roommates, Each:
$41,933 - $50,320
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

$4,403

View Apartments

Mid Range

25% of Gross Income

$3,145

View Apartments

Low Range

15% of Gross Income

$1,887

View Apartments

Have You Considered Buying Your Own Home?

Instead of paying $3,145/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.

Contact Agent

Apartment Listing Inquiry Form