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You are here:
Home Massachusetts Salem Apartments

Salem Apartment for rent 2 Bedrooms 1 Bath - $2,500

Available: 08-01-2024
15 Photos
$2,500/mo
2 Beds
1 Bath
Available: 08/01/2024
Salem, MA
Best Deal
$389 below market
Price Reduced $100
Electricity Included

Amenities & Apartment Information

Building

Parking: Included
Laundry in Building
Gas Heat
Gas Hot Water
Outdoor Space: Front Porch

Unit

Hardwood
Living Room
Dining Room
Dishwasher
Microwave
Gas Stove
Refrigerator

Property Description

Welcome to the vibrant Boston area, where rich history meets modern convenience. This dynamic region offers a diverse array of dining, shopping, and cultural experiences, all within easy reach. Enjoy the charm of historic neighborhoods, the excitement of urban living, and the beauty of nearby parks and waterfronts. With excellent transportation options, including commuter rail and subway connections, exploring Boston and its surroundings is effortless. Experience the best of both worlds in the metro Boston area—where city energy and suburban comfort come together. Transportation Options
Lafayette St @ Ocean Ave Bus Stop 0.5 mi (12 min away)
Loring Ave opp Rainbow Terr Bus Stop 0.5 mi (12 min away)
Loring Ave opp Raymond Rd Bus Stop 0.5 mi (12 min away)
Loring Ave @ Rainbow Terr Bus Stop 0.5 mi (12 min away)
Loring Ave @ Raymond Rd Bus Stop 0.5 mi (12 min away)

Nearby Places
Dunkin'
Health Sciences Library
Marsh Dining Hall
MassGeneral for Children at North Shore Medical Center
Starbucks

Price Comparison

This apartment is 13.46% less expensive than the average price of $2,889 for 2 bedroom apartments in Salem. Congratulations on finding a great apartment that is below the average rent price in Salem. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$90,909 - $120,000

You + 1 Roommate, Each:

$50,000 - $60,000
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

$3,500

View Apartments

Mid Range

25% of Gross Income

$2,500

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Low Range

15% of Gross Income

$1,500

View Apartments

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Have You Considered Buying
Your Own Home?

Instead of paying $2,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 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.