
Apartments for Rent with Specials in the Federal Street Neighborhood of Salem, MA (18 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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Hawthorne Commons

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Traders Row

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Halstead Salem Station

Princeton Crossing

231 Washington Residences
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Park Towers

Olde Salem Jail

University Square North

The Residences at St. James

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35 Walter St, Unit 2

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127 Canal St, Unit 3
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Amara

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The Beverly Collection: The Block

Station 101

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The Beverly Collection: Canvas

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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 | $2,068 | $1,450 | $2,517 |
| Federal Street 1 Bedroom Apartments | $2,472 | $1,450 | $3,995 |
| Federal Street 2 Bedroom Apartments | $2,964 | $1,600 | $4,710 |
| Federal Street 3 Bedroom Apartments | $3,378 | $2,400 | $10,000+ |
| Federal Street 4 Bedroom Apartments | $4,718 | $3,200 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 18 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: 02-19-2026Take 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!
Princeton Crossing
For a limited time, enjoy one month free on select apartment homes at Princeton Crossing. This pet-friendly community is conveniently located across the street from Mass General Brigham Salem Hospital and just minutes from historic downtown Salem, putting work, dining, and waterfront charm within easy reach. -- Contact our leasing team today for details, availability is limited.Expires 02-20-2026
Amara
Up to One Month Free on select units for a limited time only!Expires 02-20-2026
Lore
1 month free base rent, plus one year of free internet when you look and lease within 48 hours of your initial tour! Min. lease term applies. Other costs and fees excluded.Expires 02-20-2026
Station 101
1 MONTH FREE Move in by 3/1/2026. A minimum 12 month lease term required. Restrictions apply, see leasing office for details.Expires 02-20-2026
Hawthorne Commons
For limited time only, receive 6 WEEKS FREE off your first month of rent! *Restrictions apply, please contact the leasing team for details.Expires 02-20-2026
The Beverly Collection: Canvas
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
The Beverly Collection: The Block
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
Traders Row
Limited Time Offer! Apply within 24 hours of your first tour to receive an additional $1,000 off. Restrictions apply. Offer valid for new move-ins only. Subject to change.Expires 02-20-2026
Halstead Salem Station
Look & Lease - Receive 1 MONTH FREE on select homes! *Restrictions apply, please contact the leasing team for details.Expires 02-20-2026
The Beverly Collection: Flats at 131
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
Newly Listed Move-In Specials offers for Apartments in Federal Street, MA
Specials updated: 02-19-2026Here 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.
University Square North
*Winter Promotion — for a limited time, new residents will receive $1,000 off their first month’s rent!* *Offer Details: Promotion: $1,000 off your first month’s rent Eligibility: New leases signed during the Winter Promotion period Promotion Period: Now through February 28, 2026 Move-In Date: Must move in by February 28, 2026Expires 02-28-2026
Olde Salem Jail
*Winter Promotion — for a limited time, new residents at 50 St. Peter Street will receive $1,000 off their first month’s rent!* *Offer Details: Promotion: $1,000 off your first month’s rent Eligibility: New leases signed during the Winter Promotion period Promotion Period: Now through February 28, 2026 Move-In Date: Must move in by February 28, 2026Expires 02-28-2026
The Residences at St. James
Accepting Applications for our Studio and One Bedroom 60% Waitlist. Expected Move In's in March!Expires 03-31-2026
Halstead Salem Station
Look & Lease - Receive 1 MONTH FREE on select homes! *Restrictions apply, please contact the leasing team for details.Expires 02-20-2026
The Beverly Collection: Flats at 131
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
Traders Row
Limited Time Offer! Apply within 24 hours of your first tour to receive an additional $1,000 off. Restrictions apply. Offer valid for new move-ins only. Subject to change.Expires 02-20-2026
Station 101
1 MONTH FREE Move in by 3/1/2026. A minimum 12 month lease term required. Restrictions apply, see leasing office for details.Expires 02-20-2026
Hawthorne Commons
For limited time only, receive 6 WEEKS FREE off your first month of rent! *Restrictions apply, please contact the leasing team for details.Expires 02-20-2026
The Beverly Collection: Canvas
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
The Beverly Collection: The Block
1 Month FREE Base Rent on Select Apartments at The Block at Odell Park. Minimum lease terms apply. Other costs and fees and excluded.Expires 02-20-2026
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 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 The Residences at St. James listed at $1,610.
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 $2,940.
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 2,100 square feet unit starting from $1,900 at Park Towers.
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 689 sq ft.
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.
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