
Cheap Homes for Rent in North Salem Neighborhood of Peabody, MA from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the North Salem area of Peabody.


15 Lynde St

131 Essex St

29 Tracey St
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.

11 Church St

9 Andrew St, Unit 16

84 Wharf St

26 Shillaber 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.
North Salem, Peabody, MA Local Guide

How much does it cost to rent a home in North Salem?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
North Salem 2 Bedroom Homes for Rent | $2,614 | $2,200 | $3,000 |
North Salem 3 Bedroom Homes for Rent | $4,085 | $3,600 | $5,000 |
North Salem 4 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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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Cheapest Available North Salem Apartments for Rent
 The cheapest available apartment rental in the North Salem area of Boston, MA is a 2 Beds unit found at 256 Washington priced from $2,300. Sofi At Salem Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,498. Here are the most affordable North Salem apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
256 Washington | 2BR/1.0BA | 2BR,1BA | $2,300 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2,498 |
River Properties | 313 North River Apartments | 2BR,1BA | $2,800 |
Best Value Apartments for Rent in North Salem, MA
As of September 16, 2025 the best value apartment in the North Salem area is the $2.08 price per square foot 37 Endicott St Model at 37 Endicott St, Unit 3 in the in the South Salem neighborhood starting from $2,500. The second greatest value North Salem apartment is the B4 Model at Halstead Salem Station starting at $3,170 with a $2.98 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 | $2.08 |
Halstead Salem Station | B4 | 2BR,2BA | $2.98 |
River Properties | 313 North River Apartments | 2BR,1BA | $2.67 |
231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2.83 |
Sedna Beverly | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $4.33 |
19 Nichols St, Unit 19 Nichols ST unit #3 | 19 Nichols St | 2BR,1BA | $2.78 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2.91 |
9 Hodges Ct, Unit 3 | 9 Hodges Ct | 1BR,1BA | $3.15 |
7 Harris St | 7 Harris St | 2BR,1BA | $3.36 |
256 Washington | 2BR/1.0BA | 2BR,1BA | $3.82 |
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Pet Friendly LifestyleNorth Salem, Peabody, MA
Ranked #6
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about North Salem
What type of rentals are currently available in North Salem?
There are currently 161 Apartments for Rent in North Salem, MA with pricing that ranges from $1,350 to $15,390. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Salem ranging from $1,250 to $5,000.
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 $1,250 to $5,000 with an average monthly rent of $2,728.
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 $2,188 to $4,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $10,000.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.