Cheap Apartments for Rent in the North Salem Neighborhood of Peabody, MA from $1,400 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Salem area of Peabody.

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11 South St, Unit 11 South St
$1,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
1 Bedroom Apartment Available Sep 1

11 South St, Unit 11 South St

11 South StSalem, MA 01970
Affordability
  • Smoke Free
property at 6 Northey St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

6 Northey St

SalemMA01970
property at 15 Lynde St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

15 Lynde St, Unit 26

15 Lynde St
SalemMA01970

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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155 Boston St
$2,200 - $2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200 - $2,300

Total Monthly Price
$2,200 - $2,300
2 Bedroom Apartment Available Sep 1

155 Boston St

155 Boston StSalem, MA 01970
Cost Per Sq.Ft.
  • Smoke Free
property at 116 Lafayette St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 5 Bath Home for Rent

Available Now

116 Lafayette St

SalemMA01970
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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1 Harbor
1 Bedroom Apartments

1 Harbor

1 Harbor StSalem, MA 01970
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122 Boston
1 to 3 Bedroom Apartments

122 Boston

122 Boston StSalem, MA 01970
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Park Towers
1 to 3 Bedroom Apartments

Park Towers

100 Washington StSalem, MA 01970
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14 New Derby
1 Bedroom Apartments

14 New Derby

18 New Derby StSalem, MA 01970
  • Utilities Included
property at 15 Lynde St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

15 Lynde St

SalemMA01970
property at 10 Beaver St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Condo for Rent

Available Sep 1

10 Beaver St

SalemMA01970

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North Salem, Peabody, MA Local Guide

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 14 New Derby priced from $1,975. 256 Washington has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,400. Here are the most affordable North Salem apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
14 New Derby1BR/1.0BA1BR,1BA$1,975
256 Washington2BR/1.0BA2BR,1BA$2,400
Halstead Salem StationA31BR,1BA$2,750
Sedna Beverly1 Bedroom / 1 Bath (Standard)1BR,1BA$2,849
River Properties2 Bed 1 bath 70 Boston Street2BR,1BA$2,925

Best Value Apartments for Rent in North Salem, MA

As of August 02, 2026 the best value apartment in the North Salem area is the $3.03 price per square foot The Nichols Townhome Model at Sofi At Salem Station in the in the North Salem neighborhood starting from $4,476. The second greatest value North Salem apartment is the 74 Aborn St Model at 74 Aborn St, Unit 3 starting at $2,450 with a $2.04 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sofi At Salem StationThe Nichols Townhome2BR,2.5BA$3.03
74 Aborn St, Unit 374 Aborn St2BR,1BA$2.04
231 Washington Residences2 Bedroom 2 Bath - C12BR,2BA$2.83
36 Beaver St, Unit Beaver St36 Beaver St2BR,1BA$2.38
River Properties2 Bed 1 bath 70 Boston Street2BR,1BA$2.81
3 Ropes St, Unit 23 Ropes St3BR,1BA$3.22
5R Buffum St, Unit Rear5R Buffum St2BR,1BA$3.22
256 Washington2BR/1.0BA2BR,1BA$2.75
14 New Derby1BR/1.0BA1BR,1BA$2.74
Halstead Salem StationA31BR,1BA$4.19

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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Pet Friendly Lifestyle
North Salem, Peabody, MA

Ranked #3

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,975 at 14 New Derby.

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 $2,400 at 256 Washington.

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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