
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, MA from $1,473 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.


5-15 Derby Sq

Derby Lofts Condos

21 Harbor St

8 Union St

57-59 Harbor St

19-21 Pleasant St

39-41 Harbor St
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69 Harbor St

15 Harbor St

19 Andrew St

20-22 Lynde St

Essex House

24 Lynde St

27 North St

17 North St
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18 Peabody St

Harbor Point Salem

Sofi At Salem Station

108-122 Lafayette St

The Lighthouses

Park Towers

26 New Derby Street

256-262 Washington St
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Downtown Salem, Salem, MA Local Guide

How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Salem 1 Bedroom Apartments | $1,983 | $1,850 | $2,200 |
| Downtown Salem 2 Bedroom Apartments | $2,606 | $2,300 | $3,150 |
| Downtown Salem 3 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Cheapest Available Downtown Salem Apartments for Rent
 The cheapest available apartment rental in the Downtown Salem area of Boston, MA is a Studio unit found at 10 Summer Street priced from $1,800. 256 Washington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Downtown Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 10 Summer Street | 0BR/1.0BA | Studio,1BA | $1,800 |
| 256 Washington | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Sofi At Salem Station | McIntire | 1BR,1BA | $2,938 |
| Pickering Wharf Complex, LLC | 2BR/1.5BA | 2BR,1BA | $2,975 |
Best Value Apartments for Rent in Downtown Salem, MA
As of September 12, 2026 the best value apartment in the Downtown Salem area is the $3.54 price per square foot 2BR/1.5BA Model at Pickering Wharf Complex, LLC in the in the South Salem neighborhood starting from $2,975. The second greatest value Downtown Salem apartment is the Phillips Model at Sofi At Salem Station starting at $2,958 with a $3.63 price per square foot in the North 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. |
|---|---|---|---|
| Pickering Wharf Complex, LLC | 2BR/1.5BA | 2BR,1.5BA | $3.54 |
| Sofi At Salem Station | Phillips | 1BR,1BA | $3.63 |
| 256 Washington | 1BR/1.0BA | 1BR,1BA | $3.95 |
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 $1,850 at 256 Washington.
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 $2,325 at 256 Washington.
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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