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$2,3823 Bedroom Apartments Available Now
52 Washington St
52 Washington StPeabody, MA 01960
Cheap Apartments for Rent in the North Salem Neighborhood of Peabody, MA from $1,400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Salem area of Peabody.
4 Northend St
PeabodyMA01960
86 Main St
PeabodyMA01960
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$1,400 - $2,070
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Residences at St. James
160 Federal StSalem, MA 01970
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$1,450 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
366 Essex St
SalemMA01970
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,900
Plus Fees
1 Bedroom Apartments Available Now260 Washington Apartments – Modern Living in the Heart of Salem
260 Washington StSalem, MA 01970
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$1,900
Plus Fees
1 Bedroom Apartments Available NowHistoric 1 Harbor St
1 Harbor StSalem, MA 01970
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$2,3001 Bedroom Apartments Available May 1
17 Pickman St, Unit 5
17 Pickman StSalem, MA 01970
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Rent Specials
$2,350 - $3,750
Plus Fees
1 to 3 Bedroom Apartments Available May 1231 Washington Residences
231 Washington StSalem, MA 01970
55 Buffum St
SalemMA01970
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Rent Specials
$2,391 - $4,900
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,391 - $4,900
Total Monthly Price
Varies
Halstead Salem Station
72 Flint StSalem, MA 01970
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
210 North St
SalemMA01970
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$2,495 - $2,965
Plus Fees
1 to 2 Bedroom Apartments Available NowRiver Properties
70-92 Boston StSalem, MA 01970
5 Hayward St
SalemMA01970
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Studio to 3 Bedroom Apartments
The Lighthouses
34 Peabody StSalem, MA 01970
15 Lynde St
SalemMA01970
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1 to 3 Bedroom Apartments
122 Boston
122 Boston StSalem, MA 01970
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 3 Bedroom Apartments
Park Towers
100 Washington StSalem, MA 01970
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1 to 3 Bedroom Apartments
River Rock Residences
92 Boston StSalem, MA 01970
45 Broad St
SalemMA01970
10 Warner St
SalemMA01970
75 Summer St
SalemMA01970
8 Williams St
SalemMA01970
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
20 Central St
SalemMA01970
Showing Results 1-25, Page 1 of 1
North Salem, Peabody, MA Local Guide
How much does it cost to rent an apartment in North Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| North Salem Studio Apartments | $1,400 | $1,400 | $1,400 |
| North Salem 1 Bedroom Apartments | $2,576 | $1,450 | $3,425 |
| North Salem 2 Bedroom Apartments | $2,959 | $1,600 | $4,610 |
| North Salem 3 Bedroom Apartments | $3,770 | $2,382 | $4,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the North Salem Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
North Salem, Peabody, MA Local Guide
- Nearby Peabody neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available North Salem Apartments for Rent
The cheapest available apartment rental in the North Salem area of Boston, MA is a Studio unit found at The Residences at St. James priced from $1,400. 260 Washington Apartments – Modern Living in the Heart of Salem has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here are the most affordable North Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,400 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,900 |
| Historic 1 Harbor St | 1BR/1.0BA | 1BR,1BA | $1,900 |
| Halstead Salem Station | A3 - Affordable | 1BR,1BA | $2,391 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $2,495 |
Best Value Apartments for Rent in North Salem, MA
As of April 25, 2026 the best value apartment in the North Salem area is the $3.11 price per square foot 2D Model at Grove Street Landing in the in the South Salem neighborhood starting from $3,325. The second greatest value North Salem apartment is the McIntire Model at Sofi At Salem Station starting at $2,605 with a $3.03 price per square foot in the North Salem neighborhood. Here is today’s list of the best values for North Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grove Street Landing | 2D | 2BR,2BA | $3.11 |
| Sofi At Salem Station | McIntire | 1BR,1BA | $3.03 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $3.21 |
| Sedna Beverly | 1 Bedroom / 1 Bath (Standard) | 1BR,1BA | $5.04 |
| Halstead Salem Station | A3 | 1BR,1BA | $3.80 |
| Historic 1 Harbor St | 1BR/1.0BA | 1BR,1BA | $3.65 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $4.06 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleNorth Salem, Peabody, MA
Ranked #2
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap North Salem Apartments
What is the price of a cheap apartment in North Salem?
The cheapest apartment in North Salem is The Residences at St. James which is listed at $1,725, while the average apartment in North Salem costs $3,500.
What types of apartments are the cheapest in North Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in North Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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