close
View Me
Rent Specials
$2,400 - $4,935
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,400 - $4,935
Total Monthly Price
Varies
Lore
266 Canal StSalem, MA 01970
Apartments for Rent with Specials in the Federal Street Neighborhood of Salem, MA (7 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.
close
View Me
Rent Specials
$2,476 - $18,223
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,461 - $18,208
Required Monthly Fees
Varies
Total Monthly Price
Varies
Hawthorne Commons
205 Highland AveSalem, MA 01970
close
View Me
Rent Specials
$2,850 - $3,200
Plus Fees
2 Bedroom Apartments Available Now231 Washington Residences
231 Washington StSalem, MA 01970
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
Rent Specials
$2,200 - $2,700
Plus Fees
1 to 2 Bedroom Apartments Available NowUniversity Square South
124 Ocean AveSalem, MA 01970
close
View Me
Rent Specials
$2,669 - $4,982
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,669 - $4,982
Total Monthly Price
$2,669 - $4,982
Amara
6 Rantoul StBeverly, MA 01915
close
View Me
Rent Specials
$2,899 - $4,650
Plus Fees
1 to 2 Bedroom Apartments Available NowSedna Beverly
16 Congress StBeverly, MA 01915
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.
close
View Me
Rent Specials
$1,925 - $2,575
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTerrace Gardens
2 Esquire DrPeabody, MA 01960
Showing Results 1-7, Page 1 of 1
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+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Federal Street Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Federal Street, Salem, MA Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Top Salem Apartments in the Federal Street Area with Move-In Specials Ending Soon
Specials updated: 07-06-2026Take 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!
Hawthorne Commons
Tour Today. Save $1500! Apply within 48 hours of your visit and get $1500 off your first month’s rent.Expires 07-07-2026
Lore
Up to 1 month free base rent on select apartments! Min. lease term applies. Other costs and fees excluded.Expires 07-07-2026
Amara
2-Months Free!Expires 07-07-2026
Sedna Beverly
1 Month Free!Expires 07-07-2026
University Square South
* Limited Time Offer – Summer 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 Summer Promotion period Promotion Period: Now through July 15, 2026 Move-In Date: Must move in by July 15, 2026Expires 07-15-2026
Newly Listed Move-In Specials offers for Apartments in Federal Street, MA
Specials updated: 07-06-2026Here 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 South
* Limited Time Offer – Summer 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 Summer Promotion period Promotion Period: Now through July 15, 2026 Move-In Date: Must move in by July 15, 2026Expires 07-15-2026
Hawthorne Commons
Tour Today. Save $1500! Apply within 48 hours of your visit and get $1500 off your first month’s rent.Expires 07-07-2026
Lore
Up to 1 month free base rent on select apartments! Min. lease term applies. Other costs and fees excluded.Expires 07-07-2026
Amara
2-Months Free!Expires 07-07-2026
Sedna Beverly
1 Month Free!Expires 07-07-2026
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 Article
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.
Let everyone know!
Do you know the Federal Street area?
If you’re an expert on all things Federal Street, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $4,191.
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 1,258 square feet unit starting from $2,400 at Lore.
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 625 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.
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
Written by: Amelia Ramstead
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.