
Apartments for Rent with Specials in the Federal Street Neighborhood of Salem, MA (6 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.


231 Washington Residences

The Beverly Collection: The Block
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.

The Beverly Collection: Flats at 131

The Beverly Collection: Canvas

Terrace Gardens
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.
Federal Street, Salem, MA Local Guide

How much does it cost to rent an apartment in Federal Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Federal Street Studio Apartments | $2,072 | $1,050 | $3,083 |
Federal Street 1 Bedroom Apartments | $2,696 | $1,350 | $7,200 |
Federal Street 2 Bedroom Apartments | $3,131 | $1,500 | $10,000+ |
Federal Street 3 Bedroom Apartments | $3,094 | $2,400 | $4,000 |
Federal Street 4 Bedroom Apartments | $3,950 | $3,950 | $3,950 |
Browse Apartments in this Neighborhood
There are currently 6 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 Soon
Specials updated: 06-05-2025Take advantage of these move-in and rent specials that are ending soon for top Federal Street, MA apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Traders Row
Get $1,000 Off When You Apply Within 48 Hours of Your Tour!Expires 06-06-2025
The Beverly Collection: Canvas
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
The Beverly Collection: The Block
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
The Beverly Collection: Flats at 131
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
Newly Listed Move-In Specials offers for Apartments in Federal Street, MA
Specials updated: 06-05-2025Here 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.
Traders Row
Get $1,000 Off When You Apply Within 48 Hours of Your Tour!Expires 06-06-2025
The Beverly Collection: Canvas
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
The Beverly Collection: The Block
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
The Beverly Collection: Flats at 131
1 Month FREE on select apartments at all building! Restrictions apply. Contact for details.Expires 06-06-2025
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.
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 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 $1,800.
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 $2,927.
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 $2,440 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 597 sq ft.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.