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Boston/Federal Street offers strong value with an 8.3 overall rating, including a perfect price score, solid amenities, and an excellent location score. It also has gas heat and is near a top-rated middle school, making it appealing for renters who prioritize convenience and practical features.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | $2,250 /mo | 1 unit available | First floor, 1 bedroom apartment available now in Salem! Equipped with vinyl flooring and arched accent entryways! This apartment is within walking distance of the commuter rail train station, downtown Salem, and a variety of shops and restaurants! Monthly Rent is $2,250. Tenant pays gas and electric utilities. Required move in costs are First, Last and Security Deposit (3 full month's rent). Applicant will need to provide Landlord references and proof of income upon submitting application. Serious inquiries only. |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 3 |
|---|
First floor, 1 bedroom apartment available now in Salem! Equipped with vinyl flooring and arched accent entryways! This apartment is within walking distance of the commuter rail train station, downtown Salem, and a variety of shops and restaurants! Monthly Rent is $2,250. Tenant pays gas and electric utilities. Required move in costs are First, Last and Security Deposit (3 full month's rent). Applicant will need to provide Landlord references and proof of income upon submitting application. Serious inquiries only.
How Boston/Federal Street compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Boston/Federal Street cost about 5% more than the average rent price for 1-bedroom apartments in Salem.
| Month | Median Rent |
|---|---|
| August 2024 | $1,837 |
| September 2024 | $1,862 |
| October 2024 | $1,868 |
| November 2024 | $1,825 |
| December 2024 | $1,591 |
| January 2025 | $1,556 |
| February 2025 | $1,600 |
| March 2025 | $1,630 |
| April 2025 | $1,712 |
| May 2025 | $1,675 |
| June 2025 | $1,681 |
| July 2025 | $1,650 |
| August 2025 | $1,866 |
| September 2025 | $1,702 |
| October 2025 | $1,835 |
| November 2025 | $1,800 |
| December 2025 | $1,818 |
| January 2026 | $1,799 |
| February 2026 | $1,850 |
| March 2026 | $1,868 |
| April 2026 | $1,975 |
| May 2026 | $1,855 |
| June 2026 | $1,850 |
| July 2026 | $1,862 |
Can I afford to live at Salem?
Bedrooms
1 bedroomRent-to-income ratio
30%
$90,000/yr
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