120 Washington St
SalemMA01970
Cheap Homes for Rent in Downtown Salem Neighborhood of Salem, MA from $3,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Salem area of Salem.
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.
289 Essex St
SalemMA01970
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2 Park St
SalemMA01970
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
11 Forrester St
SalemMA01970
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
8 Barton Sq, Unit 001
8 Barton Sq
SalemMA01970
Showing Results 1-5, Page 1 of 1
Downtown Salem, Salem, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem 2 Bedroom Homes for Rent | $3,650 | $3,150 | $4,000 |
| Downtown Salem 3 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
Explore 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
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 Burnham Apartment Homes priced from $2,155. The Beverly Collection: Link 480 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,220. Here are the most affordable Downtown Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,155 |
| The Beverly Collection: Link 480 | Link A1C | 1 Bed | 1 Bath | 1BR,1BA | $2,220 |
| The Beverly Collection: Canvas | Link A1C | 1 Bed | 1 Bath | 1BR,1BA | $2,220 |
Best Value Apartments for Rent in Downtown Salem, MA
As of May 10, 2025 the best value apartment in the Downtown Salem area is the $0.25 price per square foot 6 Lemon St Model at 6 Lemon St, Unit 2 in the in the North Salem neighborhood starting from $2,500. The second greatest value Downtown Salem apartment is the 11 Forrester St Model at 11 Forrester St, Unit 1 starting at $3,500 with a $2.69 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. |
|---|---|---|---|
| 6 Lemon St, Unit 2 | 6 Lemon St | 2BR,1BA | $0.25 |
| 11 Forrester St, Unit 1 | 11 Forrester St | 3BR,2BA | $2.69 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.42 |
| Sofi At Salem Station | Derby | 2BR,2BA | $2.79 |
| 123 Bridge St, Unit #2 | 123 Bridge St | 2BR,1BA | $2.55 |
| 155 Washington St, Unit 105 | 155 Washington St | 1BR,1BA | $3.06 |
| The Beverly Collection: Link 480 | Link B1A | 2 Bed | 1 Bath | 2BR,1BA | $3.17 |
| 131 Essex St, Unit #31 | 131 Essex St | 1BR,1BA | $3.21 |
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.27 |
| The Beverly Collection: Flats at 131 | Flats at 131 A1A | 1 Bed | 1 Bath | 1BR,1BA | $3.56 |
Frequently Asked Questions about Downtown Salem
What type of rentals are currently available in Downtown Salem?
There are currently 88 Apartments for Rent in Downtown Salem, MA with pricing that ranges from $1,350 to $6,429. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salem ranging from $3,150 to $4,000.
What is the current price range for Rental Homes in Downtown Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Salem ranges from $3,150 to $4,000 with an average monthly rent of $3,575.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.