15 Lynde St
SalemMA01970
Cheap Homes for Rent in North Salem Neighborhood of Peabody, MA from $1,800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the North Salem area of Peabody.
close
View Me
$2,3001 Bedroom Apartments Available May 1
17 Pickman St, Unit 5
17 Pickman StSalem, MA 01970
45 Broad St
SalemMA01970
close
View Me
$2,3823 Bedroom Apartments Available Now
52 Washington St
52 Washington StPeabody, MA 01960
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
10 Warner St
SalemMA01970
75 Summer St
SalemMA01970
86 Main St
PeabodyMA01960
8 Williams St
SalemMA01970
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.
20 Central St
SalemMA01970
Showing Results 1-9, Page 1 of 1
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 | $3,100 | $2,500 | $4,200 |
| North Salem 4 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Studio unit found at The Residences at St. James priced from $1,400. 260 Washington Apartments – Modern Living in the Heart of Salem has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. 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 | $1,400 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,900 |
| Historic 1 Harbor St | 1BR/1.0BA | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in North Salem, MA
As of April 25, 2026 the best value apartment in the North Salem area is the $3.11 price per square foot 2D Model at Grove Street Landing in the in the South Salem neighborhood starting from $3,325. The second greatest value North Salem apartment is the McIntire Model at Sofi At Salem Station starting at $2,605 with a $3.03 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. |
|---|---|---|---|
| Grove Street Landing | 2D | 2BR,2BA | $3.11 |
| Sofi At Salem Station | McIntire | 1BR,1BA | $3.03 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $3.21 |
| Sedna Beverly | 1 Bedroom / 1 Bath (Standard) | 1BR,1BA | $5.04 |
| Halstead Salem Station | A3 | 1BR,1BA | $3.80 |
| Historic 1 Harbor St | 1BR/1.0BA | 1BR,1BA | $3.65 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $4.06 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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 North Salem
What type of rentals are currently available in North Salem?
There are currently 156 Apartments for Rent in North Salem, MA with pricing that ranges from $1,400 to $4,900. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Salem ranging from $1,800 to $4,200.
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 $4,200 with an average monthly rent of $3,092.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.