Cheap Studio Apartments for Rent in Salem, MA from $1,100 (22 Rentals)

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property at 40R Highland Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

40R Highland Ave

SalemMA01970
property at 233 Lafayette St

$1,900 - $2,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio Rentals

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233 Lafayette St

SalemMA01970

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

property at 99 Laighton St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio, 1 Bath Home for Rent

Available Now

99 Laighton St

LynnMA01902

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert

Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

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2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960
property at 376 Washington St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

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Mosaic
Studio Apartments

Mosaic

75 Baldwin StLynn, MA 01902
  • Utilities Included
property at 131 Ocean St

$2,025

Total Monthly Price

Total Monthly Price

Base Rent
$2,025

Total Monthly Price
$2,025

Studio, 1 Bath Condo for Rent

Available Now

131 Ocean St

LynnMA01902

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.

property at 9 Winthrop Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Home for Rent

Available Now

9 Winthrop Ave

BeverlyMA01915

Salem, MA Local Guide

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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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.

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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $2,000.

What is the price of a cheap apartment in Salem?

The cheapest apartment in Salem is BayView Apartments which is listed at $1,595, while the average apartment in Salem costs $5,732.

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 64 regular apartments in Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Salem?

Cheap apartments in Salem have an average cost of $206 which is $5,526 cheaper than the average rent for all rentals in Salem.

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.

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