40R Highland Ave
SalemMA01970
Cheap Apartments for Rent in the Federal Street Neighborhood of Salem, MA from $900 (13 Rentals)
Cheap Apartments in the Federal Street area of Salem.
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from $1,3501 to 2 Bedroom Apartments Contact Us For Availability
Salem Heights
12 Pope StSalem, MA 01970
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from $1,4501 Bedroom Apartment Available Jul 1
320 Lafayette St, Unit 3-302
320 Lafayette StSalem, MA 01970
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from $1,610Studio to 2 Bedroom Apartments Available Oct 15
The Residences at St. James
160 Bridge StSalem, MA 01970
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.
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from $1,700Studio to 2 Bedroom Apartments Contact Us For Availability
Salem Highlands
84 Highland AveSalem, MA 01970
160 Federal St
SalemMA01970
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from $1,8001 Bedroom Apartment Available Now
12 Willson St, Unit 12 Willson
12 Willson StSalem, MA 01970
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Studio to 1 Bedroom Apartments
Fairweather Apartments (Age 62+ Community)
40 Highland AveSalem, MA 01970
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.
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Rent Specials
from $1,8001 to 2 Bedroom Apartments Contact Us For Availability
Terrace Gardens
2 Esquire DrPeabody, MA 01960
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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Showing Results 1-13, Page 1 of 1
Federal Street, Salem, MA Local Guide
Salem Common by Diego Brito is licensed under CC BY 2.0
How much does it cost to rent an apartment in Federal Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Street Studio Apartments | $2,113 | $1,100 | $2,700 |
| Federal Street 1 Bedroom Apartments | $2,785 | $1,350 | $7,200 |
| Federal Street 2 Bedroom Apartments | $3,300 | $1,500 | $10,000+ |
| Federal Street 3 Bedroom Apartments | $3,042 | $2,650 | $3,500 |
| Federal Street 4 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Federal Street Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Federal Street, Salem, MA Local Guide
- Nearby Salem neighborhoods
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Cheapest Available Federal Street Apartments for Rent
The cheapest available apartment rental in the Federal Street area of Boston, MA is a 1 Bed unit found at Princeton Crossing priced from $2,170. Holmes Beverly has the second lowest priced unit, which is a Studio apartment currently listed from $2,200. Here are the most affordable Federal Street apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Princeton Crossing | One BR Deluxe | 1BR,1BA | $2,170 |
| Holmes Beverly | Studio | Studio,1BA | $2,200 |
| The Beverly Collection: Canvas | Link A1C | 1 Bed | 1 Bath | 1BR,1BA | $2,317 |
| The Beverly Collection: The Block | Block S1D | Studio | 1 Bath | Studio,1BA | $2,516 |
Best Value Apartments for Rent in Federal Street, MA
As of May 09, 2025 the best value apartment in the Federal Street 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 Federal Street apartment is the 23 Gardner St Model at 23 Gardner St starting at $2,600 with a $1.86 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Federal Street 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 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 73 School St, Unit #3 | 73 School St | 2BR,1BA | $2.00 |
| 11 Forrester St, Unit 1 | 11 Forrester St | 3BR,2BA | $2.69 |
| Vavel Apartments | A3 | 2BR,2BA | $2.77 |
| Sofi At Salem Station | Derby | 2BR,2BA | $2.79 |
| 12 Willson St, Unit 12 Willson | 12 Willson St | 1BR,1BA | $1.80 |
| 36 Upham St, Unit #1 | 36 Upham St | 1BR,1BA | $2.30 |
| 26 Northend St, Unit #2 | 26 Northend St | 2BR,1BA | $2.40 |
| 21 N Central St, Unit #2 | 21 N Central St | Studio ,1BA | $2.76 |
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Pet Friendly LifestyleFederal Street, Salem, MA
Ranked #9
Among neighborhoods in Salem, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Federal Street Neighborhood in Salem, MA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Federal Street Apartments
What is the Cheapest Studio apartment in Federal Street?
Currently the most affordable Cheap Studio Apartment in Federal Street is at Holmes Beverly listed at $2,200.
How much is rent for a Cheap One Bedroom Federal Street Apartment?
The lowest price for a Cheap One Bedroom Federal Street Apartment is $2,170 at Princeton Crossing.
What is the lowest price for a Cheap Two Bedroom Federal Street Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Federal Street is starting from $2,755 at The Beverly Collection: Flats at 131.
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 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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.