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$1,350 - $1,500
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
Cheap Apartments for Rent in Salem, MA from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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Studio to 1 Bedroom Apartments
Fairweather Apartments (Age 62+ Community)
40 Highland AveSalem, MA 01970
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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.
503 Chestnut St
LynnMA01902
192 Washington St
LynnMA01902
111 Main St
PeabodyMA01960
108 Franklin St
LynnMA01902
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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.
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Salem, MA Local Guide
Salem Common by Diego Brito is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Salem Studio Apartments | $1,983 | $1,600 | $2,519 |
| Cheap Salem 1 Bedroom Apartments | $2,461 | $1,350 | $6,705 |
| Cheap Salem 2 Bedroom Apartments | $2,955 | $1,500 | $4,403 |
| Cheap Salem 3 Bedroom Apartments | $3,203 | $2,300 | $7,276 |
| Cheap Salem 4 Bedroom Apartments | $5,879 | $2,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, MA Local Guide
Written By:
Staff Writer Local Guide Expert
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, MA
Pricing Updated: 09/18/2025Current apartment rentals in the Salem, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Shore | $4,000 | $1,050 | 772 |
| North Salem | $4,000 | $1,610 | 11 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, MA is a Studio unit found at 50 Broadway Apartment Homes in the Centerville neighborhood priced from $1,430. Mosaic in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,745. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,430 |
| Mosaic | 0 Beds, 1 Baths | Studio,1BA | $1,745 |
| BayView Apartments | 131 Ocean St- Studio | Studio,1BA | $1,750 |
| University Square North | 0BR/1.0BA | Studio,1BA | $1,950 |
| River Drive Apartments | S1G | Studio,1BA | $1,950 |
Best Value Apartments for Rent in Salem, MA
As of September 18, 2025 the best value apartment in the Salem area is the $1.23 price per square foot 46 Fiske Ave Model at 46 Fiske Ave in the in the East Lynn neighborhood starting from $2,600. The second greatest value Salem apartment is the 23 Gardner St Model at 23 Gardner St starting at $2,600 with a $1.86 price per square foot in the South Salem 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. |
|---|---|---|---|
| 46 Fiske Ave | 46 Fiske Ave | 2BR,1BA | $1.23 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.18 |
| 48 Hamilton Ave, Unit 3 | 48 Hamilton Ave | 3BR,1BA | $2.33 |
| 327 Lafayette St | 327 Lafayette St | 3BR,1BA | $2.49 |
| 13 Raymond Rd, Unit Unite # 1 | 13 Raymond Rd | 2BR,1.5BA | $2.17 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $2.08 |
| 30 Prospect St, Unit #3 | 30 Prospect St | 2BR,1BA | $2.33 |
| 20 High Street Lynn, MA 01902 | 2BR/1.0BA | 2BR,1BA | $2.40 |
| 351 Essex St, Unit 2 | 351 Essex St | 2BR,1BA | $2.44 |
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Salem Overview
Salem has the feel of a small, compact town. Here, friendly residents celebrate together in the summer and stick together during blustery winters. This town's rich history and placement near Boston makes it a great place for both city commuters and people longing for a quieter life.
Why live in Salem, MA?
Salem has a reputation as a great home for young, energetic people. They come for Salem State University and stay for the creative scene, exciting history, and dynamic local businesses. However, this city also has a lot to offer busy professionals and families. It's close enough to commute to Boston, but decidedly more budget-friendly than the big city. Salem boasts a gorgeous waterfront, numerous museums and galleries, and centuries of history lying around every corner just waiting to be explored. Salem has a magic that turns visitors into residents, and residents into longtime locals.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, MA Rentals by Map
See the most popular apartments and homes in Salem, MA
Getting Around Salem, MA
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Salem Apartments
What is a cheap apartment in Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salem is under $2,150.
What is the price of a cheap apartment in Salem?
The cheapest apartment in Salem is BayView Apartments which is listed at $1,975, while the average apartment in Salem costs $4,000.
What types of apartments are the cheapest in Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.