82 Longview St
WaterfordCT06385
Cheap Homes for Rent in Salem, CT from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
221 Old Pond Ln
NorwichCT06360
640 Williams St
New LondonCT06320
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.
25 Wawecus Hill Rd
NorwichCT06360
1538 CT-12
LedyardCT06335
157 W Main St
East LymeCT06357
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.
Showing Results 1-6, Page 1 of 1
Salem, CT Local Guide
Lobster roll by beccapie is licensed under CC BY 2.0
How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $2,324 | $1,550 | $3,500 |
| Salem 3 Bedroom Homes for Rent | $4,878 | $2,900 | $9,000 |
| Salem 4 Bedroom Homes for Rent | $11,778 | $2,990 | $10,000+ |
| Salem 5 Bedroom Homes for Rent | $5,800 | $3,200 | $8,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Salem, CT Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, CT is a 2 Beds unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $1,084. The Lofts at Ponemah Mills in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,128. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 2 Bedroom | 2BR,1BA | $1,084 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR,1BA | $1,128 |
| 35 Chestnut St | 1 Bed, 1 bath | 1BR,1BA | $1,290 |
Best Value Apartments for Rent in Salem, CT and Nearby
As of June 10, 2026 the best value apartment in the Salem area is the $1.80 price per square foot 410 Model at Colchester Estates in the in the Northwest New London Colchester neighborhood starting from $1,800. The second greatest value Salem apartment is the Large One Bedroom Model at Blackstone Apartments starting at $1,495 with a $1.50 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colchester Estates | 410 | 2BR,1BA | $1.80 |
| Blackstone Apartments | Large One Bedroom | 1BR,1BA | $1.50 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Summitwoods Apartments | 2 Bed | 2BR,1BA | $1.74 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
| 35 Chestnut St | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Thamesview Apartments | 1 Bedroom | 1BR,1BA | $1.83 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR,1BA | $1.42 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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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.
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Explore Salem, CT Rentals by Map
See the most popular apartments and homes in Salem, CT
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 52 Apartments for Rent in Salem, CT with pricing that ranges from $710 to $3,815. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,100 to $40,000.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $1,100 to $40,000 with an average monthly rent of $4,847.
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.