
Apartments for Rent with Specials in the Federal Street Neighborhood of Salem, MA (12 Rentals)
Apartments in the Federal Street area of Salem with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


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Lore

Total Monthly Price
Traders Row

231 Washington Residences

Princeton Crossing

19 Park St
Boston's Best Affordable Neighborhoods
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Total Monthly Price
Amara

Sedna Beverly

Total Monthly Price
The Beverly Collection: The Block

Total Monthly Price
The Beverly Collection: Canvas

Total Monthly Price
The Beverly Collection: Flats at 131

Terrace Gardens
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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 | $2,105 | $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 |
Browse Apartments in this Neighborhood
There are currently 12 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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Top Salem Apartments in the Federal Street Area with Move-In Specials Ending This Month
Specials updated: 08-20-2026Take advantage of these move-in and rent specials that are ending this month for top Federal Street, MA apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
The Beverly Collection: Flats at 131
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.Expires August 21, 2026
The Beverly Collection: Canvas
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.Expires August 21, 2026
Sedna Beverly
2-Months Free + $1,500 Look & Lease!Expires August 21, 2026
Traders Row
Now Offering Reduced Base Rent on Select Apartment Homes! Plus, apply within 48 hours of your first tour to receive an additional $1,000 off. Online pricing reflects reduced rents. Restrictions apply. Offer valid for new move-ins only. Subject to change.Expires August 21, 2026
The Beverly Collection: The Block
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.Expires August 21, 2026
Amara
2-Months Free + $1,500 Look & Lease!Expires August 21, 2026
Lore
Up to 1 month free base rent on select apartments! Min. lease term applies. Other costs and fees excluded.Expires August 21, 2026
Hawthorne Commons
Tour Today. Move In & Save! Receive half month FREE on your first month’s rent on select one-bedroom apartments. Contact our leasing team for details and availability!Expires August 21, 2026
Princeton Crossing
$1000 Off First Month's Rent in Historic Salem, MA ; For a limited time only, move into your new home at Princeton Crossing and receive $1000 off your first month's rent! This offer is only valid on select homes. Please reach out to our leasing team for details.Expires August 21, 2026
Newly Listed Move-In Specials offers for Apartments in Federal Street, MA
Specials updated: 08-20-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Federal Street, MA. Be sure to take advantage of some of the area’s top offers.
Sedna Beverly
2-Months Free + $1,500 Look & Lease!
Princeton Crossing
$1000 Off First Month's Rent in Historic Salem, MA ; For a limited time only, move into your new home at Princeton Crossing and receive $1000 off your first month's rent! This offer is only valid on select homes. Please reach out to our leasing team for details.
Lore
Up to 1 month free base rent on select apartments! Min. lease term applies. Other costs and fees excluded.
Amara
2-Months Free + $1,500 Look & Lease!
The Beverly Collection: The Block
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.
The Beverly Collection: Canvas
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.
Hawthorne Commons
Tour Today. Move In & Save! Receive half month FREE on your first month’s rent on select one-bedroom apartments. Contact our leasing team for details and availability!
The Beverly Collection: Flats at 131
Up to a one-time $1,000 base rent look & lease special at The Block at Odell Park! Min. lease terms apply. Other costs excl.
Traders Row
Now Offering Reduced Base Rent on Select Apartment Homes! Plus, apply within 48 hours of your first tour to receive an additional $1,000 off. Online pricing reflects reduced rents. Restrictions apply. Offer valid for new move-ins only. Subject to change.
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.
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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 Rent Specials Federal Street Apartments
What is the Cheapest Rent Specials apartment in Federal Street?
Currently the most affordable Rent Specials Apartment in Federal Street is at Terrace Gardens listed at $1,925.
How much is the average rent for a Rent Specials Federal Street Apartment?
The average rent for a Rent Specials Apartment in Federal Street is $3,632.
What is the largest Rent Specials Federal Street Apartment for rent?
Today's Rent Specials apartment with the most square footage in Federal Street is a 1,325 square feet unit starting from $2,278 at Traders Row.
What is the average size for Federal Street Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Federal Street is currently at 582 sq ft.
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