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Location

318 Derby Street, Salem, MA 01970, USA|Downtown Salem

Available rentals nearby

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eaves Peabody

Our team has verified this company

Proctor • 51 Keyes Dr

Studio

N/A

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
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50 Broadway

Studio

$1,695–$2,125

The price shown reflects a 12-month lease. Fees may apply.
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0 Beverly Commons Dr

Studio

$2,272–$3,069

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 509 Humphrey St

509 Humphrey St

Studio

$2,200

The price shown reflects a 12-month lease. Fees may apply.
featured image of 51 Keyes Dr

eaves Peabody

Our team has verified this company

Proctor • 51 Keyes Dr

Studio

N/A

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 50 Broadway

50 Broadway

Studio

$1,695–$2,125

The price shown reflects a 12-month lease. Fees may apply.
featured image of 0 Beverly Commons Dr

0 Beverly Commons Dr

Studio

$2,272–$3,069

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 509 Humphrey St

509 Humphrey St

Studio

$2,200

The price shown reflects a 12-month lease. Fees may apply.

Rent trends in Downtown Salem

Median rents as of Jul 18 2026.
Downtown Salem
Salem
A table of 1-bedroom apartment rental data trends in Salem
MonthMedian Rent
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
July 2026$2,166
A table of 1-bedroom apartment rental data trends in Downtown Salem
MonthMedian Rent
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$2,145
June 2026$2,184
July 2026$2,187

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 318 Derby St, Salem, MA.
11 years ago$2,500

Schools near 318 Derby St #318

Saltonstall School

211 lafayette st

salem, MA, 1970

K-8Public
C+

Bentley Academy Charter School

25 memorial dr

salem, MA, 1970

K-5Public
C-

Salem Early Childhood

25 memorial dr

salem, MA, 1970

PKPublic

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 318 Derby St #318

Getting around Salem near 318 Derby Street

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 318 Derby Street, Salem

Groceries

9/10
The nearest general grocery store is within a 5-minute walk, and there is also a moderate number of specialist food stores nearby.

Shopping

6/10
Several fashion stores are within a short walk.

Cafes

6/10
Several cafés are within a short walk.

Restaurants

8/10
A variety of restaurants are within a short walk.

Primary schools

9/10
At least one elementary school within a 5-to-10-minute walk.

High schools

10/10
At least one high school within a 5-minute walk.

Parks

9/10
Some medium-size parks and several other smaller parks in the area.

Nightlife

4/10
Some bars are within walking distance.

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