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Rent Specials
$2,350 - $3,200
Plus Fees
1 to 2 Bedroom Apartments Available Now231 Washington Residences
231 Washington StSalem, MA 01970
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, MA from $1,400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
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1 to 2 Bedroom Apartments
5-15 Derby Sq
5-15 Derby SqSalem, MA 01970
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1 to 2 Bedroom Apartments
Derby Lofts Condos
45 Lafayette StSalem, MA 01970
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1 Bedroom Apartments
21 Harbor St
21 Harbor StSalem, MA 01970
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Studio Apartments
8 Union St
8 Union StSalem, MA 01970
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Studio Apartments
57-59 Harbor St
57-59 Harbor StSalem, MA 01970
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1 Bedroom Apartments
19-21 Pleasant St
19-21 Pleasant StSalem, MA 01970
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3 Bedroom Apartments
39-41 Harbor St
39-41 Harbor StSalem, MA 01970
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
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Studio Apartments
69 Harbor St
69 Harbor StSalem, MA 01970
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1 Bedroom Apartments
15 Harbor St
15 Harbor StSalem, MA 01970
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Studio Apartments
19 Andrew St
19 Andrew StSalem, MA 01970
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Studio Apartments
20-22 Lynde St
20-22 Lynde StSalem, MA 01970
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Studio to 2 Bedroom Apartments
Essex House
289 Essex StSalem, MA 01970
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1 to 2 Bedroom Apartments
24 Lynde St
24 Lynde StSalem, MA 01970
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1 Bedroom Apartments
27 North St
27 North StSalem, MA 01970
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Studio Apartments
17 North St
17 North StSalem, MA 01970
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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2 Bedroom Apartments
18 Peabody St
18 Peabody StSalem, MA 01970
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Studio to 2 Bedroom Apartments
Harbor Point Salem
20 Harbor StSalem, MA 01970
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1 to 2 Bedroom Apartments
Sofi At Salem Station
190 Bridge StSalem, MA 01970
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Studio Apartments
108-122 Lafayette St
108-122 Lafayette StSalem, MA 01970
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Studio to 3 Bedroom Apartments
The Lighthouses
34 Peabody StSalem, MA 01970
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1 to 3 Bedroom Apartments
Park Towers
100 Washington StSalem, MA 01970
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2 Bedroom Apartments
26 New Derby Street
26 New Derby StSalem, MA 01970
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Studio to 2 Bedroom Apartments
256-262 Washington St
256-262 Washington StSalem, MA 01970
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-24, 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 | $2,232 | $1,700 | $2,700 |
| Downtown Salem 2 Bedroom Apartments | $2,990 | $2,400 | $3,150 |
| Downtown Salem 3 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
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 24 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
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Cheapest Available Downtown Salem Apartments for Rent
The cheapest available apartment rental in the Downtown Salem area of Boston, MA is a 1 Bed unit found at 14 New Derby priced from $1,975. 256 Washington has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,400. Here are the most affordable Downtown Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 14 New Derby | 1BR/1.0BA | 1BR,1BA | $1,975 |
| 256 Washington | 2BR/1.0BA | 2BR,1BA | $2,400 |
| 231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2,975 |
| Sofi At Salem Station | Smith | 2BR,2BA | $4,058 |
Best Value Apartments for Rent in Downtown Salem, MA
As of July 28, 2026 the best value apartment in the Downtown Salem area is the $3.03 price per square foot The Nichols Townhome Model at Sofi At Salem Station in the in the North Salem neighborhood starting from $4,470. The second greatest value Downtown Salem apartment is the 2 Bedroom 2 Bath - C1 Model at 231 Washington Residences starting at $2,975 with a $2.83 price per square foot in the South 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 Nichols Townhome | 2BR,2.5BA | $3.03 |
| 231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2.83 |
| 256 Washington | 2BR/1.0BA | 2BR,1BA | $2.75 |
| 14 New Derby | 1BR/1.0BA | 1BR,1BA | $2.74 |
| 36 Endicott St | 36 Endicott St | 1BR,1BA | $4.40 |
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 $1,975 at 14 New Derby.
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 $2,400 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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