116 Lafayette St
SalemMA01970
Cheap Homes for Rent in Salem, MA from $1,250 (33 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
37 Osborne Hill Dr
SalemMA01970
39 Smith St
MarbleheadMA01945
3 Isabella St
LynnMA01902
4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
4 Mill St, Unit 9
4 Mill St
PeabodyMA01960
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$1,625Studio Apartments Available Now
38 Estes St, Unit 4
38 Estes StLynn, MA 01902
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$1,650Studio Apartments Available Now
32 Chestnut St, Unit 8
32 Chestnut StLynn, MA 01902
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Moving to Boston? Discover how to handle unique rental rules, avoid common moving day pitfalls, and prepare for your first winter in the city
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$1,7001 Bedroom Apartments Available Now
3 Kingsley Terrace, Unit 12
3 Kingsley TerraceLynn, MA 01902
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$1,8001 Bedroom Apartments Available Now
32 Chestnut St, Unit 1
32 Chestnut StLynn, MA 01902
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$1,8751 Bedroom Apartments Available Now
38 Estes St, Unit 15
38 Estes StLynn, MA 01902
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$1,8751 Bedroom Apartments Available Now
38 Estes St, Unit 12
38 Estes StLynn, MA 01902
203 Lewis St
LynnMA01902
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$1,9001 Bedroom Apartments Available Now
77 Green St, Unit 3
77 Green StLynn, MA 01902
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$1,9502 Bedroom Apartments Available Now
250 Rantoul St, Unit 1
250 Rantoul StBeverly, MA 01915
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$1,9751 Bedroom Apartments Available Now
23 Central Ave, Unit 403
23 Central AveLynn, MA 01901
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
5 Cliff St, Unit #5
5 Cliff St
BeverlyMA01915
8 Walbridge St
BostonMA02135
131 Ocean St
LynnMA01902
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$2,0501 Bedroom Apartments Available Sep 1
23 Central Ave, Unit 605
23 Central AveLynn, MA 01901
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$2,0501 Bedroom Apartments Available Now
23 Central Ave, Unit 505
23 Central AveLynn, MA 01901
44 Pingree St
SalemMA01970
14 Essex St, Unit 14
14 Essex St
SwampscottMA01907
10 Beaver St
SalemMA01970
What It Really Costs to Live in Boston: A Local Renter’s Guide
Thinking of moving to Boston? Discover the real cost of living in the city. Our local expert guide breaks down rent, hidden utility costs, transportation tips, and neighborhood tradeoffs to help you budget smarter.
257 Washington St, Unit 11
257 Washington St
SalemMA01970
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$2,1501 Bedroom Apartments Available Sep 1
87 Oxford St, Unit 501
87 Oxford StLynn, MA 01901
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$2,1501 Bedroom Apartments Available Sep 1
145 Munroe St, Unit 301
145 Munroe StLynn, MA 01901
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$2,2001 Bedroom Apartments Available Sep 1
257 Washington St, Unit 16
257 Washington StSalem, MA 01970
257 Washington St, Unit 16
257 Washington St
SalemMA01970
131 Essex St
SalemMA01970
55 Estes St, Unit 5
55 Estes St
LynnMA01902
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$2,3001 Bedroom Apartments Available Now
87 Oxford St, Unit 603
87 Oxford StLynn, MA 01901
Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Find your perfect apartment outside Boston. We review Quincy, Braintree, Malden, Somerville, and Lynn, covering local hotspots, commute options, and available rental types.
33A Jackson St
LynnMA01902
Showing Results 1-33, Page 1 of 1
Salem, MA Local Guide
How much does it cost to rent a home in Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $2,920 | $2,100 | $5,500 |
| Salem 3 Bedroom Homes for Rent | $3,749 | $1,550 | $8,700 |
| Salem 4 Bedroom Homes for Rent | $5,248 | $3,500 | $9,500 |
| Salem 5 Bedroom Homes for Rent | $4,650 | $4,000 | $5,700 |
| Salem 6 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Salem
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Salem, MA Local Guide
- Salem Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Salem, MA
Pricing Updated: 08/30/2026Current apartment rentals in the Salem, MA area range in price from $1,100 to $11,317 with an overall median price of $2,698. 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 | $2,600 | $1,850 | 16 |
| North Shore | $2,700 | $1,100 | 669 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, MA is a 1 Bed unit found at 91-93 Cabot St in the Centerville neighborhood priced from $1,250. BayView Apartments in the East Lynn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 91-93 Cabot St | 1 Beds, 5 Baths | 1BR,5BA | $1,250 |
| BayView Apartments | 66 Basset St Studio | Studio,1BA | $1,595 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| Mosaic | 1 Beds, 1 Baths | 1BR,1BA | $1,795 |
| 10 Summer Street | 0BR/1.0BA | Studio,1BA | $1,800 |
| The Vault | 1BR/1.0BA | 1BR,1BA | $1,875 |
| University Square North | 1BR/1.0BA | 1BR,1BA | $1,895 |
| LD Eastern, LLC | 1BR/1.0BA | 1BR,1BA | $1,900 |
| 175 Ocean St | The Threes | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Salem, MA
As of August 30, 2026 the best value apartment in the Salem area is the $0.23 price per square foot 2BR/1.0BA Model at Chestnut Street in the in the East Lynn neighborhood starting from $2,250. The second greatest value Salem apartment is the 3 Mace Pl Model at 3 Mace Pl, Unit 2 starting at $2,799 with a $2.07 price per square foot in the East Lynn 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. |
|---|---|---|---|
| Chestnut Street | 2BR/1.0BA | 2BR,1BA | $0.23 |
| 3 Mace Pl, Unit 2 | 3 Mace Pl | 3BR,1BA | $2.07 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.32 |
| 74 Aborn St, Unit Unit 3 | 74 Aborn St | 2BR,1BA | $1.96 |
| 100 Loring Ave, Unit 2 | 100 Loring Ave | 3BR,1BA | $2.17 |
| 85 Lynnfield St, Unit 2 | 85 Lynnfield St | 2BR,1BA | $2.60 |
| 98 Leach St, Unit 3 | 98 Leach St | 2BR,1BA | $2.50 |
| 29 Park St, Unit 3 bedroom with 2 off street parking spaces | 29 Park St | 3BR,1BA | $2.65 |
| 31 Walter St | 31 Walter St | 2BR,1BA | $2.47 |
| University Square North | 1BR/1.0BA | 1BR,1BA | $2.43 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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 751 Apartments for Rent in Salem, MA with pricing that ranges from $1,200 to $4,930. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,250 to $9,500.
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 $1,250 to $9,500 with an average monthly rent of $3,297.
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 $2,500 to $4,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $8,700. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $3,000.
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
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.
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