
Homes for Rent in Federal Street Neighborhood of Salem, MA (33 Rentals)

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.

28 Mason St

11 Forrester St

11 Read St

28 Mason St

12 S Mason St

15 Lynde St

14 Lynde St
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

28C Federal St

11 Church St

23 Park St

25 Roslyn St

11 Forrester St
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.

255 Lafayette St

2 Station Rd

278 Lafayette St

23 Park St

3 Ian Cir

10 Elliott Pl

13 Lovett St
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.

31 Haley Rd

86 Endicott St
Federal Street, Salem, MA Local Guide

How much does it cost to rent a home in Federal Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Federal Street 2 Bedroom Homes for Rent | $3,161 | $2,350 | $4,400 |
Federal Street 3 Bedroom Homes for Rent | $3,750 | $3,150 | $4,750 |
Federal Street 4 Bedroom Homes for Rent | $3,366 | $2,550 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Federal Street Neighborhood of Salem, MA.
Explore Salem
Federal Street, Salem, MA Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Frequently Asked Questions about Federal Street
What type of rentals are currently available in Federal Street?
There are currently 402 Apartments for Rent in Federal Street, MA with pricing that ranges from $1,350 to $10,092. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Street ranging from $1,800 to $5,000.
What is the current price range for Rental Homes in Federal Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Street ranges from $1,800 to $5,000 with an average monthly rent of $3,113.
How much are larger Three and Four Bedroom Rentals in Federal Street?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Street range from $2,575 to $4,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $4,750. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $1,700.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.