
Luxury Apartments for Rent in the Federal Street Neighborhood of Salem, MA (97 Rentals)
The most luxurious Apartments in the Federal Street area of Salem with high-end amenities, features, and finishes.


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Hawthorne Commons

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Traders Row

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Halstead Salem Station

231 Washington Residences

Princeton Crossing

University Square South

Salem Highlands

River Properties

Grove Street Landing
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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237 Jefferson Ave, Unit #3

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6 Cushing St, Unit 2nd floor

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23 Gardner St

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14 Porter St, Unit 1F

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17 Dunlap St, Unit 1

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3 Ropes St, Unit 2

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8 Arthur St, Unit 2

5A Ropes St, Unit 3

26 New Derby St, Unit 203

26 Lions Ln
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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184 Ocean Ave W, Unit 1

143 North St, Unit 3

8 Hancock St, Unit 2

16 Leach St, Unit 1

233 Lafayette St

233 Lafayette St, Unit 5

28 1/2 Grove St, Unit 3

120 Washington St

8 Porter St Ct

10 Porter St Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

10 Porter St Ct

11 Glendale St

19 Park St

10 Porter St Ct

22 Carlton St

62 Butler St

4 Horton St

8 Porter St Ct

24 Dunlap St

8 Fowler St
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23 Pleasant St

17 Green St

8 Glendale St

271 Jefferson Ave

16 Mason St

35 Oakland St

36 Upham St

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10 Smith St, Unit SI FL2-ID1045431P

195 Jefferson Ave

121 Boston St
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Federal Street, Salem, MA Local Guide

How much does it cost to rent an apartment in Federal Street?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Federal Street Studio Apartments | $2,092 | $1,100 | $2,669 |
| Federal Street 1 Bedroom Apartments | $2,669 | $1,550 | $3,645 |
| Federal Street 2 Bedroom Apartments | $3,080 | $1,700 | $4,982 |
| Federal Street 3 Bedroom Apartments | $2,890 | $750 | $4,900 |
| Federal Street 4 Bedroom Apartments | $7,155 | $2,800 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 97 rentals with your search options within a 2 mile radius of the Federal Street Neighborhood of Salem, MA.
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Federal Street, Salem, MA Local Guide
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
The 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.
Pet Friendly LifestyleFederal Street, Salem, MA
Ranked #2
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Federal Street
How much are Studio apartments in Federal Street?
There are currently 132 Studio Apartments in Federal Street with rent ranges from $1,100 to $2,669 with an average price of $2,092.
What is the current price range for One Bedroom Federal Street Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Federal Street ranges from $1,550 to $3,645 with an average monthly rent of $2,669.
What does renting a Two Bedroom Apartment in Federal Street cost?
The monthly rent prices of Two Bedroom Apartments currently available in Federal Street range from $1,700 to $4,982. Today's average rental price for Two Bedrooms here is $3,080.
How expensive are Federal Street Three Bedroom Apartments?
There are currently 54 Three Bedroom Apartments listings available in Federal Street on ApartmentHomeLiving.com. The pricing ranges from $750 to $4,900 - averaging $2,890 for the location.
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.
Helpful Local Expert Guides

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.