
Cheap Homes for Rent in North Salem Neighborhood of Peabody, MA from $2,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the North Salem area of Peabody.


29 Tracey St
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.

16 Lemon St
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.

131 Essex St
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 | $3,250 | $2,500 | $4,000 |
North Salem 3 Bedroom Homes for Rent | $4,012 | $3,500 | $4,750 |
North Salem 4 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the North Salem Neighborhood of Peabody, MA.
Explore 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 1 Bed unit found at 1 Harbor priced from $1,800. Station 101 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable North Salem apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1 Harbor | 1BR/1.0BA | 1BR,1BA | $1,800 |
Station 101 | 1 Bed | 1BR,1BA | $2,100 |
The Beverly Collection: The Block | Block S1D | Studio | 1 Bath | Studio,1BA | $2,265 |
Best Value Apartments for Rent in North Salem, MA
As of June 09, 2025 the best value apartment in the North Salem area is the $2.00 price per square foot 46 Holten St Model at 46 Holten St, Unit #1 in the in the South Salem neighborhood starting from $2,400. The second greatest value North Salem apartment is the Derby Model at Sofi At Salem Station starting at $3,228 with a $2.80 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. |
---|---|---|---|
46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
Sofi At Salem Station | Derby | 2BR,2BA | $2.80 |
8 Fowler St, Unit 2 | 8 Fowler St | 2BR,1BA | $2.55 |
231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2.86 |
5 Pearl St, Unit 2 | 5 Pearl St | 2BR,1BA | $2.40 |
23 Park St, Unit 2 | 23 Park St | 2BR,1BA | $2.20 |
32 Harbor St, Unit 2 | 32 Harbor St | 2BR,1BA | $2.40 |
6 River St, Unit 2 | 6 River St | 2BR,1BA | $2.77 |
27 Symonds St, Unit 3 | 27 Symonds St | 2BR,1BA | $2.78 |
16 Lemon St, Unit 2 | 16 Lemon St | 2BR,1BA | $2.86 |
Quick 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.
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 $10,092. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Salem ranging from $2,250 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 $2,250 to $4,750 with an average monthly rent of $3,103.
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 $2,650 to $3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,500 to $4,750. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,800.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.