Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
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.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Federal Street Studio Apartments | $2,105 | $1,100 | $3,843 |
| Federal Street 1 Bedroom Apartments | $2,647 | $1,550 | $4,089 |
| Federal Street 2 Bedroom Apartments | $2,936 | $1,700 | $4,572 |
| Federal Street 3 Bedroom Apartments | $2,866 | $2,500 | $3,450 |
| Federal Street 4 Bedroom Apartments | $3,433 | $2,750 | $4,150 |
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| 2 Bedroom Homes | $2,885 | $2,100 | $3,800 |
| 3 Bedroom Homes | $3,586 | $2,745 | $4,500 |
There are currently 428 rentals with your search options within a 2 mile radius of the Federal Street Neighborhood of Salem, MA.
See all Apartments in SalemLearn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read ArticleTour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleFrom the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleThe common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
If you’re an expert on all things Federal Street, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Massachusetts and customized analysis for Boston, Massachusetts. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.
Renting for your family? Federal Street is a leading residential area for families, with a score of 4.0 out of 4. Family Friendly submarkets have features that support parents and kids in having fun and being healthy together. This includes features like parks, pet amenities, playgrounds, picnic areas, recreation rooms, walking and biking trails, and access to highly-rated learning and education resources.
Does your family raise furry friends? this area ranks as one of the finest communities for families with pets, with a score of 4.0 out of 4.
As of today, August 21, 2026, there are currently 428 available Federal Street apartments priced from $1,100 to $4,572, with an average monthly rent of $2,780.
There are currently 126 Studio Apartments in Federal Street with rent ranges from $1,100 to $3,843 with an average price of $2,105.
Today's rental pricing for One Bedroom Apartments in Federal Street ranges from $1,550 to $4,089 with an average monthly rent of $2,647.
The monthly rent prices of Two Bedroom Apartments currently available in Federal Street range from $1,700 to $4,572. Today's average rental price for Two Bedrooms here is $2,936.
There are currently 55 Three Bedroom Apartments listings available in Federal Street on ApartmentHomeLiving.com. The pricing ranges from $2,500 to $3,450 - averaging $2,866 for the location.
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.
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
We'll check your Federal Street review to ensure it meets our Review Guidelines.
Thank you!
