close
View Me
$1,750
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityHistoric 1 Harbor St
1 Harbor StSalem, MA 01970
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, MA from $1,400 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
close
View Me
Rent Specials
$1,900 - $4,000
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Towers
100 Washington StSalem, MA 01970
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.
116 Lafayette St
SalemMA01970
15 Lynde St
SalemMA01970
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.
Showing Results 1-4, Page 1 of 1
Downtown Salem, Salem, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Salem 1 Bedroom Apartments | $1,992 | $1,750 | $2,400 |
| Downtown Salem 2 Bedroom Apartments | $2,854 | $2,000 | $3,900 |
| Downtown Salem 3 Bedroom Apartments | $3,275 | $2,800 | $4,000 |
| Downtown Salem 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Let everyone know!
Do you know the Downtown Salem area?
If you’re an expert on all things Downtown Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Downtown Salem, MA
As of February 20, 2026 the best value apartment in the Downtown Salem area is the $2.54 price per square foot The Pingree Townhome Model at Sofi At Salem Station in the in the Downtown Salem neighborhood starting from $3,800. The second greatest value Downtown Salem apartment is the 2BR/2.0BA Model at Olde Salem Jail starting at $2,895 with a $2.47 price per square foot in the Downtown Salem neighborhood. Here is today’s list of the best values for Downtown Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sofi At Salem Station | The Pingree Townhome | 2BR,2.5BA | $2.54 |
| Olde Salem Jail | 2BR/2.0BA | 2BR,2BA | $2.47 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $2.53 |
Frequently Asked Questions about Cheap Downtown Salem Apartments
How much is rent for a Cheap One Bedroom Downtown Salem Apartment?
The lowest price for a Cheap One Bedroom Downtown Salem Apartment is $1,900 at Park Towers.
What is the lowest price for a Cheap Two Bedroom Downtown Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Salem is starting from $2,600 at Park Towers.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.