
Apartments for Rent in Salem, MA Under $1,500 (9 Rentals)


320 Lafayette St, Unit 3-302

40R Highland Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Fairweather Apartments (Age 62+ Community)

BayView Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Salem, MA Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem Studio Apartments Under $1500 | $1,897 | $1,050 | $6,429 |
Salem 1 Bedroom Apartments Under $1500 | $2,664 | $1,350 | $7,200 |
Salem 2 Bedroom Apartments Under $1500 | $3,137 | $1,500 | $10,000+ |
Salem 3 Bedroom Apartments Under $1500 | $3,356 | $2,400 | $9,651 |
Salem 4 Bedroom Apartments Under $1500 | $3,950 | $3,950 | $3,950 |
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Salem, MA Local Guide
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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.
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 Salem
How much are Studio apartments in Salem?
There are currently 46 Studio Apartments in Salem with rent ranges from $1,050 to $6,429 with an average price of $1,897.
What is the current price range for One Bedroom Salem Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Salem ranges from $1,350 to $7,200 with an average monthly rent of $2,664.
What does renting a Two Bedroom Apartment in Salem cost?
The monthly rent prices of Two Bedroom Apartments currently available in Salem range from $1,500 to $10,092. Today's average rental price for Two Bedrooms here is $3,137.
How expensive are Salem Three Bedroom Apartments?
There are currently 92 Three Bedroom Apartments listings available in Salem on ApartmentHomeLiving.com. The pricing ranges from $2,400 to $9,651 - averaging $3,356 for the location.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.