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| 1BR/1.0BA | 1 bed | 1 bath | 720 sqft | $2,595 /mo | 1 unit available | This 1 bedroom corner unit is located in the heart of downtown Salem and comes with all the amenities! It features an open kitchen/living room design with high end floors throughout. It has marble counter tops, stainless steel appliances, in-unit washer and dryer and central air. The apartment comes with a storage unit in the basement and 1 designated off street parking spot! Downtown living at its finest, you are surrounded by restaurants and shops, within a 5 minute walk to the train station and 10 minute walk to the ferry into Boston, which runs daily from May 1st to October 31st annually! First, Last, and Security Deposit required. |
Let's explore this property.
Appliances
| Dishwasher | In-Unit Laundry |
| Stainless Steel Dishwasher | Stainless Steel Microwave |
| Stainless Steel Refrigerator | Stainless Steel Stove/Oven |
Building
| Onsite Laundry |
Grounds
| Off-Street Parking | Storage |
One-time.
One-time. Refundable.
| Units | 10 |
|---|
This 1 bedroom corner unit is located in the heart of downtown Salem and comes with all the amenities! It features an open kitchen/living room design with high end floors throughout. It has marble counter tops, stainless steel appliances, in-unit washer and dryer and central air. The apartment comes with a storage unit in the basement and 1 designated off street parking spot! Downtown living at its finest, you are surrounded by restaurants and shops, within a 5 minute walk to the train station and 10 minute walk to the ferry into Boston, which runs daily from May 1st to October 31st annually! First, Last, and Security Deposit required.
How 14 New Derby compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 14 New Derby cost about 17% more than the average rent price for 1-bedroom apartments in Downtown 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 |
|---|---|
| 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 | $2,145 |
| June 2026 | $2,184 |
Can I afford to live at 14 New Derby St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$103,800/yr
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Malden Center • 138 Pleasant St
Studio–2 Beds
$2,635–$3,903
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
$3,324–$7,617
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
$2,464–$18,318
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–3 Beds
$2,873–$9,798
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
$3,725–$10,920
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Harbor View - Orient Heights • 88 Brandywyne Dr
1–3 Beds
$2,702–$4,719
The price shown reflects a 12-month lease. Fees may apply.100 Vantage Ter
2 Beds
$3,190–$3,450
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
$3,096–$20,495
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Malden Center • 138 Pleasant St
Studio–2 Beds
$2,635–$3,903
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
$3,324–$7,617
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
$2,464–$18,318
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–3 Beds
$2,873–$9,798
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
$3,725–$10,920
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Harbor View - Orient Heights • 88 Brandywyne Dr
1–3 Beds
$2,702–$4,719
The price shown reflects a 12-month lease. Fees may apply.100 Vantage Ter
2 Beds
$3,190–$3,450
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
$3,096–$20,495
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
