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Modern Real Estate (AD)
One-time.
One-time. Refundable.
Available JULY 1 NO BROKER FEE! Spacious luxury 1BR apartment in a mixed-use downtown Salem building, just 2-3 blocks to the commuter rail station and convenient to everything downtown Salem has to offer - restaurants, grocery stores, cafes, shops, parks, museums, Salem State, hospitals, public transit, Boston ferry and more! Unit features: -Hardwood floors -High ceilings -Renovated kitchen with gas stove, dishwasher, disposal, quartz counters, microwave -Spacious living room -Bedroom will easily fit a queen bed and more -Generous closet space -Laundry in unit -Central AC -One garage parking spot included -Pet friendly ($25/mo extra) -Indoor bike storage -Shared roof deck overlooking downtown -Graduate & medical students welcome
How 120 Washington St compares to other nearby properties.
Positives
Considerations
| Neighborhood | Downtown Salem |
|---|---|
| Zip code | 01970 |
| Type | Apartment for rent |
1-bedroom apartments at 120 Washington St cost about 27% more than the average rent price for 1-bedroom apartments in Salem.
| Month | Median Rent |
|---|---|
| May 2024 | $2,317 |
| June 2024 | $2,219 |
| July 2024 | $2,160 |
| August 2024 | $2,098 |
| September 2024 | $2,098 |
| October 2024 | $2,086 |
| November 2024 | $2,059 |
| December 2024 | $2,095 |
| January 2025 | $2,162 |
| February 2025 | $2,209 |
| March 2025 | $2,200 |
| April 2025 | $2,203 |
| May 2025 | $2,232 |
| June 2025 | $2,213 |
| July 2025 | $2,190 |
| August 2025 | $2,178 |
| September 2025 | $2,150 |
| October 2025 | $2,150 |
| November 2025 | $2,152 |
| December 2025 | $2,067 |
| January 2026 | $1,970 |
| February 2026 | $2,054 |
| March 2026 | $2,210 |
| April 2026 | $2,312 |
| May 2026 | $2,300 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,500 |
| June 2024 | $2,385 |
| July 2024 | $2,000 |
| August 2024 | $2,030 |
| October 2024 | $1,995 |
| February 2025 | $2,200 |
| March 2025 | $2,200 |
| June 2025 | $2,262 |
| July 2025 | $1,925 |
| August 2025 | $1,937 |
| December 2025 | $1,750 |
| January 2026 | $1,750 |
| February 2026 | $2,200 |
| March 2026 | $2,200 |
| April 2026 | $2,009 |
| May 2026 | $1,950 |
Can I afford to live at 120 Washington St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$99,000/yr
| 10 months ago | $2,500 |
| 1 year ago | $2,400 |
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Malden Center • 138 Pleasant St
Studio–2 Beds
$2,185–$3,684
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
205 Highland Ave
1–2 Beds
$2,423–$11,318
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.East Somerville • 30 Caldwell St
Studio–2 Beds
$2,531–$7,768
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Thompson Square - Bunker Hill • 250 1st Ave
Studio–2 Beds
$3,106–$9,430
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
Wellington • 34 Brainard Ave
1–2 Beds
$2,845–$11,450
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Wellington • 50 Station Lndg
Studio–3 Beds
$2,666–$22,072
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Eagle Hill • 61 Eutaw St
1–2 Beds
$2,650–$3,040
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.115 Ocallaghan Way
1–3 Beds
$2,253–$3,693
The price shown reflects a 12-month lease. Fees may apply.Malden Center • 138 Pleasant St
Studio–2 Beds
$2,185–$3,684
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.205 Highland Ave
1–2 Beds
$2,423–$11,318
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.East Somerville • 30 Caldwell St
Studio–2 Beds
$2,531–$7,768
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Thompson Square - Bunker Hill • 250 1st Ave
Studio–2 Beds
$3,106–$9,430
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Wellington • 34 Brainard Ave
1–2 Beds
$2,845–$11,450
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Wellington • 50 Station Lndg
Studio–3 Beds
$2,666–$22,072
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Eagle Hill • 61 Eutaw St
1–2 Beds
$2,650–$3,040
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.115 Ocallaghan Way
1–3 Beds
$2,253–$3,693
The price shown reflects a 12-month lease. Fees may apply.
