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Home Massachusetts Salem Apartments

Salem 2 beds 2 baths - $4,200
Flexible Move-In Date
13
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.
$4,200/mo

Cost & Fee Information

Monthly Rent & Fees

Required

Monthly Base Rent

$4,200.00

Heat

Tenant pays utility company monthly.

Usage-Based

Hot Water

Tenant pays utility company monthly.

Usage-Based

Electricity

Tenant pays utility company monthly.

Usage-Based

Water & Sewer

Included in monthly rent.

Included

Garbage Collection

Weekly trash pickup or dumpster.

Included

Furniture Fee

For furnished apartments.

Included

Optional

Pets

Pets not allowed.

-
Parking

No parking.

-

Estimated Monthly Rent

$3,456

One-Time Fees

First Month's Rent
$4,200.00
Last Month's Rent
$4,200.00
Security Deposit
$4,950.00
Key & Lock Replacement Fee
$0

Total Due at Lease Signing

$3,456

Note: Rental pricing may not reflect all required, optional, or variable fees. Please contact an agent for more details. Boardwalk Properties is not responsible for any errors, ommissions, or changes in prices, fees, availability status, or property information.

Amenities & Apartment Information

Unit

Furnished Apartment

Property Description

Welcome to Derby Lofts in Downtown Salem. This furnished residence offers effortless urban living with water views just steps from coffee shops, restaurants, and shopping, and just a 10 minute walk to the Salem Commuter Rail station. Turnkey living with furniture and a complete kitchen setup ready – just unpack and relax. The open-concept layout features dramatic 14' ceilings, large windows, and abundant natural light, and is decorated with luxury furnishings, as if it belongs in the pages of a design magazine. This 2-bed, 2-bath home has a renovated kitchen, baths and ample storage. The kitchen boasts custom cabinets and top-of the line appliances (Liebherr French-door fridge/freezer, Miele convection oven, steam oven, and induction cooktop, Fisher-Paykel double dishwasher drawers, wine fridge). The primary bathroom features a walk-in shower and a Toto Washlet toilet. Includes 2 spaces in nearby garage available on a first come, first served basis.
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Nearby Areas

Boston Apartments
Beverly Apartments
Danvers Apartments
Gloucester Apartments
Lynn Apartments
Peabody Apartments
Salem Apartments
Saugus Apartments
Swampscott Apartments

Price Comparison

This apartment is above the average price of $2,893 for 2 bedroom apartments in Salem. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Use the contact form to schedule a showing or request a rental application. This listing may not last much longer.

Average Rent Prices for 2 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income
Household:
$168,000 - $201,600
You + 1 Roommate, Each:
$84,000 - $100,800
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

$5,880

View Apartments

Mid Range

25% of Gross Income

$4,200

View Apartments

Low Range

15% of Gross Income

$2,520

View Apartments

Have You Considered Buying Your Own Home?

Instead of paying $4,200/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

Boardwalk Properties - Allston
Boardwalk Properties - Allston
143 Harvard Avenue
Allston, MA 02134
(617) 566-5333

Apartment Listing Inquiry Form

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