Luxury Apartments for Rent in the Federal Street Neighborhood of Salem, MA (60 Rentals)

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The most luxurious Apartments in the Federal Street area of Salem with high-end amenities, features, and finishes.

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Lore
Rent Specials
$2,220 - $3,665
Total Monthly Price

Total Monthly Price

Base Rent
$2,220 - $3,665

Total Monthly Price
$2,220 - $3,665
Studio to 2 Bedroom Apartments Available Now

Lore

266 Canal StSalem, MA 01970
Family Friendly
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  • Customer Reviewed
  • 3D Tour
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Hawthorne Commons
$2,200 - $6,056
Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $6,056

Total Monthly Price
$2,200 - $6,056
1 to 2 Bedroom Apartments Available Now

Hawthorne Commons

205 Highland AveSalem, MA 01970
Family Friendly
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  • Customer Reviewed
  • 3D Tour
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Traders Row
Rent Specials
$2,314 - $3,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,314 - $3,475

Total Monthly Price
$2,314 - $3,475
1 to 2 Bedroom Apartments Available Now

Traders Row

45 Traders WaySalem, MA 01970
Luxury
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Halstead Salem Station
Rent Specials
$2,405 - $4,705
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,405 - $4,705

Total Monthly Price
$2,405 - $4,705
1 to 3 Bedroom Apartments Available Now

Halstead Salem Station

72 Flint StSalem, MA 01970
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3 Hersey St, Unit 1
$2,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700
2 Bedroom Apartment Available Jan 1, 2026

3 Hersey St, Unit 1

3 Hersey StSalem, MA 01970
Furnished

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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13 Becket St, Unit #2
$2,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500
2 Bedroom Apartment Available Jan 1, 2026

13 Becket St, Unit #2

13 Becket StSalem, MA 01970
Cost Per Sq.Ft.
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23 Gardner St
$2,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600
2 Bedroom Apartment Available Now

23 Gardner St

23 Gardner StSalem, MA 01970
Cost Per Sq.Ft.

The Art of the Rental Viewing: What to look for during a property tour

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.

property at 5A Ropes St

5A Ropes St

SalemMA01970
property at 25 Hazel St

25 Hazel St

SalemMA01970
property at 5 Ropes St

5 Ropes St

SalemMA01970
property at 80 Linden St

80 Linden St

SalemMA01970
property at 48 Prince St

48 Prince St

SalemMA01970
property at 36 Upham St

36 Upham St

SalemMA01970
property at 48-50 Prince St

48-50 Prince St

SalemMA01970
property at 41 Salem St

41 Salem St

SalemMA01970
property at 33 Harbor St

33 Harbor St

SalemMA01970

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.

property at 12 Meadow St

12 Meadow St

SalemMA01970
property at 10 Lynn St

10 Lynn St

SalemMA01970
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14 New Derby
1 Bedroom Apartments

14 New Derby

18 New Derby StSalem, MA 01970
  • Utilities Included
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155 Washington St
1 to 2 Bedroom Apartments

155 Washington St

155 Washington StSalem, MA 01970
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20 Harbor Street
Studio to 2 Bedroom Apartments

20 Harbor Street

20 Harbor StSalem, MA 01970
  • Utilities Included
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Olde Salem Jail
1 to 3 Bedroom Apartments

Olde Salem Jail

50 St. Peter 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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The Beverly Collection: Canvas
Rent Specials
$2,633 - $3,926
Total Monthly Price

Total Monthly Price

Base Rent
$2,633 - $3,926

Total Monthly Price
$2,633 - $3,926
Studio to 2 Bedroom Apartments Available Now

The Beverly Collection: Canvas

199-211 Rantoul StBeverly, MA 01915
Family Friendly
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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

Federal Street, Salem, MA Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Federal Street, Salem, MA

Ranked #2

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

Frequently Asked Questions about Federal Street

How much are Studio apartments in Federal Street?

There are currently 133 Studio Apartments in Federal Street with rent ranges from $1,500 to $2,350 with an average price of $2,022.

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 $1,450 to $3,995 with an average monthly rent of $2,499.

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 $1,600 to $4,750. Today's average rental price for Two Bedrooms here is $2,961.

How expensive are Federal Street Three Bedroom Apartments?

There are currently 49 Three Bedroom Apartments listings available in Federal Street on ApartmentHomeLiving.com. The pricing ranges from $800 to $4,705 - averaging $3,003 for the location.

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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!