The single appeared on The Joshua Tree album and Best of 1980-1990/B-sides compilation. Originally the song Red Hill Mining Town was to be the third single off the album but U2 decided to release Streets instead. The single version has a shorter intro and ending than on the album. The rarest format is the 12" version which includes a lyric sheet to the b-side Silver and Gold.
The single peaked at No. 4 on the UK singles chart and came second in the 1987 Rolling Stone Magazine Readers Picks for Best Single. Prior to the start of The Joshua Tree tour, U2 filmed a video for the single on top of the Republic Liquor store located at 7th and Main in Los Angeles, California. A live version of Streets performed on July 18, 1997 at the Rotterdam PopMart concert appeared on the EP PopHeart Live.
Fredrich Wallin has covered the song live on a Swedish television show Sikta Mot Stjarnorna in 1997. Signal Hill also covered the song on their 1999 album Genuine. Fallout performed the song live in concert in a style similar to the way U2 played it on the PopMart tour. The track was covered live by the Pet Shop Boys, who released a hit single cover version which included lyrics from Franki Valli's I Can't Take My Eyes Off You during the chorus. According to liner notes for their album Discography, the Pet Shop Boys wanted to turn 'a mythic rock song into a stomping disco record.'
The following artists are among those who recorded the song: Silverbeam with Ann Louise on We Will Follow: A Tribute To U2; Studio 99 on The Best Of U2-A Tribute; The Section on Strung Out On U2; Tom Nordahl on Zoovenir-A Tribute To U2; and The Joshua Trio on their Fly single. Streets is also featured in the movie Fearless and is sampled by Harmonix on Landslide.
Daniel Lanois and Brian Eno