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Highlights
Pet Friendly
Location
127 Derby St #1, Salem, MA 01970, USA|Salem Neck
Tour 127 Derby St #1
Contact
Alan Scott
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Property Overview
127 Derby St #1 in Salem offers a convenient location with features that support easy day-to-day living and access to nearby amenities. The home’s strengths, ideal uses, and notable details come together to make it an appealing option for a variety of needs.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
- Dishwasher
Great for
Pet owners
Social life
Amenities for 127 Derby St #1, Salem Neck
Features
| Air Conditioning | Balcony |
| Fireplace | View |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Washer and Dryer |
Tech
| Cable Ready |
Community
| Cats OK | Dogs OK |
| Garage Attached |
Grounds
| Assigned Parking | Garage Parking |
| Storage | Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 127 Derby St #1
history in one of its most desirable neighborhoods. Located on picturesque and highly sought-after Derby Street, this spacious and inviting first-floor condominium offers 763 square feet of thoughtfully designed living space. featuring one large bedroom and one full bathroom, this home beautifully blends timeless old-world charm with modern updates. The interior showcases gorgeous original wide pine floors and two stunning ornamental fireplaces that add warmth, character, and historic appeal throughout the space. the kitchen is both stylish and functional, offering updated finishes, ample cabinetry, and space for casual dining or entertaining. Additional highlights include an in-unit washer and dryer, excellent closet storage, and a private outdoor deckperfect for enjoying morning coffee or relaxing outdoors. A rare find in this coveted area, the unit also includes its own private garage parking space, an exceptional convenience in this neighborhood. this home offers the perfect balance of historic charm, modern comfort, and unbeatable location
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 127 Derby St #1 compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 113 sqft larger than other listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Salem Neck |
|---|---|
| Zip code | 01970 |
| Type | Condo for rent |
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Rent trends in Salem Neck
1-bedroom apartments at 127 Derby St #1 cost about 10% less than the average rent price for 1-bedroom apartments in Salem.
Median rents as of Jun 27 2026.
Salem Neck
Salem
| Month | Median Rent |
|---|---|
| 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 | $2,280 |
| June 2026 | $2,187 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,100 |
| September 2024 | $2,100 |
| January 2026 | $1,945 |
Affordability calculator
Can I afford to live at 127 Derby St #1?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 1-bedroom monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 127 Derby St #1
Salem Early Childhood
25 memorial dr
salem, MA, 1970
PKPublic
Bentley Academy Charter School
25 memorial dr
salem, MA, 1970
K-5Public
C-
Saltonstall School
211 lafayette st
salem, MA, 1970
K-8Public
C+
Carlton Elementary School
10 skerry st
salem, MA, 1970
K-5Public
B-
Bates Elementary School
53 liberty hill ave
salem, MA, 1970
PK, K-5Public
C+
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Internet available near 127 Derby St #1
Neighborhood
Salem Neck | Salem, MA
Getting around Salem near 127 Derby St #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 127 Derby St #1, Salem
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 127 Derby St #1
Marc's Market
51 Harbor St
Congress Market
95 Congress St
Los Amigos Supermarket
122 Lafayette St
Steve's Quality Market
36 Margin St
Crosby's Markets, Inc
125 Canal St
Witch Way Gifts
155 Derby St
Die With Your Boots on
77 Wharf St
Avalanche
27 Congress St
Witch Tee's
173 Essex St
Boston Fashion Ltd
4 Block G
Jaho Coffee & Tea
197 Derby St
Jolie Tea Company
105 Essex St
Red Line Cafe Inc
188 Essex St
Jolie Tea Company
316 Derby St
Front Street Coffeehouse
20 Front St
Regatta Pub
225 Derby St
Finz Inc
76 Wharf St
Stonehenge Tavern Inc
76 Wharf St
The Tavern
18 Washington Sq
Olde Main Street Pub
121 Essex St
Popped Gourmet Popcorn
84 Wharf St
Jodi Bee Bakes
282 Derby St
A & J King Artisan Bakers
48 Central St
Cheese Shop
45 Lafayette St
Salem's Farmer Market
32 Derby Sq
Swiniuch Park
Salem Maritime National Historic Site
Salem Common
Park
David J. Beattie Park
Game Fish Tavern
94 Wharf St
Sea Level Oyster Bar
94 Wharf St
Jaho Coffee & Tea
197 Derby St
P W Pub of Salem Co Inc
57 Wharf St
Popped Gourmet Popcorn
84 Wharf St
Salem
Salem-Boston
Hawthorne Blvd @ Derby St
North Beverly Station - Salem Depot
Hawthorne Blvd @ Derby St
North Beverly Station - Salem Depot
Hawthorne Blvd @ Essex St
North Beverly Station - Salem Depot
Hawthorne Blvd @ Washington Sq S
North Beverly Station - Salem Depot
Salem
Newburyport/Rockport Line
Beverly
Newburyport/Rockport Line, Newburyport/Rockport Line
Montserrat
Newburyport/Rockport Line, Newburyport/Rockport Line
Swampscott
Newburyport/Rockport Line, Newburyport/Rockport Line
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Newburyport/Rockport Line, Newburyport/Rockport Line
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