
Cheap Homes for Rent in North Salem Neighborhood of Peabody, MA from $1,800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Salem area of Peabody.
North Salem, Peabody, MA Local Guide

How much does it cost to rent a home in North Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Salem 2 Bedroom Homes for Rent | $3,075 | $2,350 | $3,800 |
North Salem 3 Bedroom Homes for Rent | $3,840 | $3,150 | $4,750 |
North Salem 4 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Salem Neighborhood of Peabody, MA.
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North Salem, Peabody, MA Local Guide
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Best Value Apartments for Rent in North Salem, MA
As of July 29, 2025 the best value apartment in the North Salem area is the $1.21 price per square foot 1 Dennis St Model at 1 Dennis St, Unit 2 in the in the North Salem neighborhood starting from $2,400. The second greatest value North Salem apartment is the 18 Mount Vernon St Model at 18 Mount Vernon St starting at $3,500 with a $1.98 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. |
---|---|---|---|
1 Dennis St, Unit 2 | 1 Dennis St | 2BR,1BA | $1.21 |
18 Mount Vernon St | 18 Mount Vernon St | 3BR,1.5BA | $1.98 |
48 School St, Unit Salem Street | 48 School St | 4BR,2BA | $1.06 |
9 E Collins St, Unit 2 | 9 E Collins St | 3BR,1BA | $2.17 |
16 Mason St, Unit 2 | 16 Mason St | 3BR,1BA | $2.00 |
104 Boston St, Unit 2 | 104 Boston St | 2BR,1BA | $1.76 |
62 Butler St, Unit 2 | 62 Butler St | 4BR,1.5BA | $2.80 |
16 Lynde St, Unit 2 | 16 Lynde St | 2BR,1BA | $2.44 |
6 Northey St, Unit 2 | 6 Northey St | 1BR,1BA | $2.22 |
155 Washington St, Unit 1 | 155 Washington St | 1BR,1BA | $2.70 |
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Frequently Asked Questions about North Salem
What type of rentals are currently available in North Salem?
There are currently 187 Apartments for Rent in North Salem, MA with pricing that ranges from $1,350 to $4,875. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Salem ranging from $1,800 to $4,750.
What is the current price range for Rental Homes in North Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Salem ranges from $1,800 to $4,750 with an average monthly rent of $2,903.
How much are larger Three and Four Bedroom Rentals in North Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Salem range from $2,800 to $4,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $4,750. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $1,700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.