$1,850
Total Monthly Price
Total Monthly Price
Base Rent
$1,850
Utilities & Essentials
Varies
Total Monthly Price
$1,850
1 Bedroom, 1 Bath Home for Rent
Available Now
60 Margin St
PeabodyMA01960
Cheap Apartments for Rent in the North Salem Neighborhood of Peabody, MA from $1,400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Salem area of Peabody.
60 Margin St
PeabodyMA01960
close
View Me
$1,450 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
close
View Me
$1,6001 Bedroom Apartments Available Now
48 School St
48 School StSalem, MA 01970
close
View Me
Rent Specials
$1,610 - $2,070
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Residences at St. James
160 Federal StSalem, MA 01970
160 Federal St
SalemMA01970
close
View Me
$1,750 - $1,850
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,750 - $1,850
Total Monthly Price
$1,750 - $1,850
36 Endicott St
36 Endicott 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.
close
View Me
$1,750
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityHistoric 1 Harbor St
1 Harbor StSalem, MA 01970
close
View Me
$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
2 Devereaux St, Unit 1
2 Devereaux StSalem, MA 01970
366 Essex St
SalemMA01970
122 Boston St
SalemMA01970
36 Endicott St
SalemMA01970
260 Washington 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.
313 Essex St
SalemMA01970
close
View Me
$2,000
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
37 Endicott St, Unit 3
37 Endicott StSalem, MA 01970
6 Monroe St
SalemMA01970
close
View Me
Studio to 3 Bedroom Apartments
The Lighthouses
34 Peabody StSalem, MA 01970
close
View Me
1 to 3 Bedroom Apartments
122 Boston
122 Boston StSalem, MA 01970
close
View Me
1 to 3 Bedroom Apartments
Park Towers
100 Washington StSalem, MA 01970
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.
close
View Me
1 to 2 Bedroom Apartments
260 Washington Apartments – Modern Living in the Heart of Salem
260 Washington StSalem, MA 01970
Showing Results 1-19, Page 1 of 1
North Salem, Peabody, MA Local Guide
Peabody Town Center by massmatt is licensed under CC BY 2.0
How much does it cost to rent an apartment in North Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| North Salem Studio Apartments | $1,870 | $1,610 | $2,000 |
| North Salem 1 Bedroom Apartments | $2,283 | $1,450 | $3,150 |
| North Salem 2 Bedroom Apartments | $2,960 | $1,600 | $4,200 |
| North Salem 3 Bedroom Apartments | $2,868 | $2,699 | $3,045 |
| North Salem 4 Bedroom Apartments | $6,542 | $3,000 | $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 19 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 $1,610. 122 Boston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. 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 | $1,610 |
| 122 Boston | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Halstead Salem Station | A3 - Affordable | 1BR,1BA | $2,241 |
| Grove Street Landing | 1E | 1BR,1BA | $2,450 |
Best Value Apartments for Rent in North Salem, MA
As of March 03, 2026 the best value apartment in the North Salem area is the $1.67 price per square foot 37 Endicott St Model at 37 Endicott St, Unit 3 in the in the South Salem neighborhood starting from $2,000. 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. |
|---|---|---|---|
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $1.67 |
| River Properties | 2 Bed 1 bath | 2BR,1BA | $2.69 |
| Olde Salem Jail | 2BR/2.0BA | 2BR,2BA | $2.79 |
| 231 Washington Residences | 2 Bedroom 2 Bath - C4 | 2BR,2BA | $2.96 |
| 4 Northend St, Unit 1 | 4 Northend St | 2BR,1BA | $2.40 |
| 10 Mall St, Unit Sunny/Spacious off Common | 10 Mall St | 1BR,1BA | $2.35 |
| 2 Devereaux St, Unit 1 | 2 Devereaux St | 1BR,1BA | $2.00 |
| 35 Walter St, Unit 2 | 35 Walter St | 1BR,1BA | $2.53 |
| Sofi At Salem Station | Phillips | 1BR,1BA | $3.01 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.58 |
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 Article
The 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.
Read ArticleQuick Rent Budget Calculator
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.
Let everyone know!
Do you know the North Salem area?
If you’re an expert on all things North Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 a cheap apartment in North Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Salem is under $2,450.
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 $3,900.
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.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.