84 Margin St
PeabodyMA01960
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.
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$1,4001 Bedroom Apartments Available Now
10 Howard St, Unit 2
10 Howard StSalem, MA 01970
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$1,4001 Bedroom Apartments Available Now
10 Howard St, Unit 1
10 Howard StSalem, MA 01970
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$1,4001 Bedroom Apartments Available Now
10 Howard St, Unit 3
10 Howard StSalem, MA 01970
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$1,550 - $1,700
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
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$1,6001 Bedroom Apartments Available Now
150 Federal St, Unit FOR RENT UTILITIES WIFI PARKING
150 Federal StSalem, MA 01970
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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$1,700 - $2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,700 - $2,200
Total Monthly Price
$1,700 - $2,200
36 Endicott St
36 Endicott StSalem, MA 01970
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$1,800
Plus Fees
1 Bedroom Apartments Contact Us For Availability1 Harbor
1 Harbor StSalem, MA 01970
40 Winthrop St, Unit Room in a house
40 Winthrop St
SalemMA01970
257 Washington St, Unit 11
257 Washington St
SalemMA01970
257 Washington St, Unit 3
257 Washington St
SalemMA01970
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$2,1001 Bedroom Apartments Available Jul 1
257 Washington St, Unit 3
257 Washington 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.
257 Washington St, Unit 16
257 Washington St
SalemMA01970
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$2,1751 Bedroom Apartments Available Sep 1
257 Washington St, Unit 16
257 Washington StSalem, MA 01970
15 River St
BeverlyMA01915
257 Washington St, Unit 14
257 Washington St
SalemMA01970
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$2,400
Plus Fees
2 Bedroom Apartments Available Jun 20256 Washington
260 Washington StSalem, MA 01970
5 Pearl St
SalemMA01970
Cash 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.
116 Lafayette St
SalemMA01970
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Studio to 2 Bedroom Apartments
The Residences at St. James
160 Federal StSalem, MA 01970
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Studio to 3 Bedroom Apartments
The Lighthouses
34 Peabody StSalem, MA 01970
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1 to 3 Bedroom Apartments
122 Boston
122 Boston StSalem, MA 01970
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1 to 3 Bedroom Apartments
Park Towers
100 Washington StSalem, MA 01970
15 Lynde St
SalemMA01970
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
River Rock Residences
92 Boston StSalem, MA 01970
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 1 Bedroom Apartments | $2,485 | $1,400 | $3,450 |
| North Salem 2 Bedroom Apartments | $3,141 | $1,700 | $4,800 |
| North Salem 3 Bedroom Apartments | $2,927 | $2,700 | $3,400 |
| North Salem 4 Bedroom Apartments | $14,203 | $10,000 | $10,000+ |
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
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Cheapest Available North Salem Apartments for Rent
The cheapest available apartment rental in the North Salem area of Boston, MA is a 1 Bed unit found at Halstead Salem Station priced from $2,560. River Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,800. Here are the most affordable North Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Halstead Salem Station | A3 | 1BR,1BA | $2,560 |
| River Properties | 2 Bed 1 bath | 2BR,1BA | $2,800 |
| 231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2,975 |
| Sedna Beverly | 1 Bedroom, 1 Bathroom (S) | 1BR,1BA | $3,250 |
Best Value Apartments for Rent in North Salem, MA
As of June 18, 2026 the best value apartment in the North Salem area is the $2.83 price per square foot 2 Bedroom 2 Bath - C1 Model at 231 Washington Residences in the in the South Salem neighborhood starting from $2,975. The second greatest value North Salem apartment is the 2 Bed 1 bath Model at River Properties starting at $2,800 with a $2.69 price per square foot in the South 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. |
|---|---|---|---|
| 231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2.83 |
| River Properties | 2 Bed 1 bath | 2BR,1BA | $2.69 |
| 23 Herbert St, Unit 2 | 23 Herbert St | 1BR,1BA | $2.78 |
| Sedna Beverly | 1 Bedroom / 1 Bath (Standard) | 1BR,1BA | $5.04 |
| Halstead Salem Station | A3 | 1BR,1BA | $3.90 |
| 36 Endicott St | 36 Endicott St | 1BR,1BA | $3.40 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
How much is rent for a Cheap One Bedroom North Salem Apartment?
The lowest price for a Cheap One Bedroom North Salem Apartment is $2,560 at Halstead Salem Station.
What is the lowest price for a Cheap Two Bedroom North Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Salem is starting from $2,800 at River Properties.
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.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.