116 Lafayette St
SalemMA01970
Cheap Homes for Rent in Downtown Salem Neighborhood of Salem, MA from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Salem area of Salem.
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Downtown Salem, Salem, MA Local Guide
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How much does it cost to rent a home in Downtown Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Salem 2 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
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Best Value Apartments for Rent in Downtown Salem, MA
As of September 14, 2025 the best value apartment in the Downtown Salem area is the $2.08 price per square foot 37 Endicott St Model at 37 Endicott St, Unit 3 in the in the South Salem neighborhood starting from $2,500. 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. |
|---|---|---|---|
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $2.08 |
| 231 Washington Residences | 2 Bedroom 2 Bath - C1 | 2BR,2BA | $2.83 |
| Sofi At Salem Station | McIntire | 1BR,1BA | $2.89 |
| 9 Hodges Ct, Unit 3 | 9 Hodges Ct | 1BR,1BA | $3.15 |
| 256 Washington | 2BR/1.0BA | 2BR,1BA | $3.82 |
Frequently Asked Questions about Downtown Salem
What type of rentals are currently available in Downtown Salem?
There are currently 77 Apartments for Rent in Downtown Salem, MA with pricing that ranges from $1,473 to $3,050. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salem ranging from $1,250 to $3,300.
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 $1,250 to $3,300 with an average monthly rent of $2,048.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.