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Cheap Homes for Rent in Salem, MA from $1,900 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
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7 Central Sq, Unit 503
7 Central Sq
LynnMA01901
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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8 Joyce St
LynnMA01902
303 Broadway
LynnMA01904
234 Washington St
MarbleheadMA01945
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264 Boston St
LynnMA01904
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19 Allen Ave
LynnMA01902
33 Barr St
SalemMA01970
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
33 Park Rd
LynnMA01904
16 Overlook Ave
BeverlyMA01915
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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.
11 Church St
SalemMA01970
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28 Beckett St
PeabodyMA01960
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131 Essex St
SalemMA01970
1 Hazel St
SalemMA01970
26 Shillaber St
SalemMA01970
86 Endicott St
PeabodyMA01960
5 Maple St
PeabodyMA01960
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.
14 Langdon St, Unit 14 Langdon St
14 Langdon St
SalemMA01970
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Salem, MA Local Guide
Salem Common by Diego Brito is licensed under CC BY 2.0
How much does it cost to rent a home in Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $2,949 | $2,100 | $4,000 |
| Salem 3 Bedroom Homes for Rent | $3,747 | $2,000 | $6,250 |
| Salem 4 Bedroom Homes for Rent | $4,924 | $3,000 | $9,500 |
| Salem 5 Bedroom Homes for Rent | $7,837 | $4,500 | $10,000+ |
| Salem 6 Bedroom Homes for Rent | $6,900 | $6,900 | $6,900 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, MA Local Guide
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, MA
Pricing Updated: 08/27/2025Current apartment rentals in the Salem, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Salem | $3,775 | $2,100 | 7 |
| North Shore | $14,700 | $750 | 138 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, MA is a Studio unit found at Mosaic in the Central neighborhood priced from $1,725. BayView Apartments in the East Lynn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mosaic | 0 Beds, 1 Baths | Studio,1BA | $1,725 |
| BayView Apartments | 131 Ocean St- Studio | Studio,1BA | $1,750 |
| 50 Broadway Apartment Homes | Studio B | Studio,1BA | $1,765 |
| River Drive Apartments | S1G | Studio,1BA | $1,950 |
| 24 Mount Vernon Apartments | Renovated Studio | Studio,1BA | $2,025 |
Best Value Apartments for Rent in Salem, MA
As of August 27, 2025 the best value apartment in the Salem area is the $0.24 price per square foot 85 Timson St Model at 85 Timson St, Unit #1 in the in the East Lynn neighborhood starting from $2,400. The second greatest value Salem apartment is the 144 North St Model at 144 North St, Unit 1 starting at $2,850 with a $2.04 price per square foot in the North Salem neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 85 Timson St, Unit #1 | 85 Timson St | 2BR,1BA | $0.24 |
| 144 North St, Unit 1 | 144 North St | 3BR,1BA | $2.04 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.17 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $2.08 |
| 20 High Street Lynn, MA 01902 | 2BR/1.0BA | 2BR,1BA | $2.40 |
| 335 Cabot St, Unit 1 | 335 Cabot St | 1BR,1BA | $2.00 |
| 26 Gregg St, Unit #2 | 26 Gregg St | 2BR,1BA | $2.60 |
| 22 Railroad Ave, Unit 2 | 22 Railroad Ave | 1BR,1BA | $2.61 |
| 8 Nahant Pl, Unit #301 | 8 Nahant Pl | 1BR,1BA | $2.47 |
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Explore Salem, MA Rentals by Map
See the most popular apartments and homes in Salem, MA
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 754 Apartments for Rent in Salem, MA with pricing that ranges from $1,350 to $10,079. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,900 to $15,000.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $1,900 to $15,000 with an average monthly rent of $4,881.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $2,188 to $4,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $6,250. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,900.
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.