Cheap Apartments for Rent in the North Salem Neighborhood of Salem, MA from $1,300 (4 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Salem area of Salem.

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.

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.

North Salem, Salem, MA Local Guide

Best Value Apartments for Rent in North Salem, MA

As of June 18, 2025 the best value apartment in the North Salem area is the $2.64 price per square foot 32 Derby Sq Model at 32 Derby Sq, Unit 2 in the in the South Salem neighborhood starting from $4,000. The second greatest value North Salem apartment is the 33 New Derby St Model at 33 New Derby St, Unit 2 starting at $4,000 with a $2.64 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for North Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
32 Derby Sq, Unit 232 Derby Sq2BR,2BA$2.64
33 New Derby St, Unit 233 New Derby St2BR,2BA$2.64
Sofi At Salem StationDerby2BR,2BA$2.86
8 Fowler St, Unit 28 Fowler St2BR,1BA$2.55
Grove Street Landing2E2BR,2BA$3.15
17 Bryant St, Unit 317 Bryant St2BR,1BA$2.70
36 Upham St, Unit #136 Upham St1BR,1BA$2.30
29 New Derby St, Unit 229 New Derby St2BR,1BA$2.85
6 River St, Unit 26 River St2BR,1BA$2.77
27 Symonds St, Unit 327 Symonds St2BR,1BA$2.78

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
North Salem, Salem, MA

Ranked #2

Among neighborhoods in Salem, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the North Salem Neighborhood in Salem, MA

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap North Salem Apartments

How much is rent for a Cheap One Bedroom North Salem Apartment?

The lowest price for a Cheap One Bedroom North Salem Apartment is $2,242 at The Beverly Collection: Flats at 131.

What is the lowest price for a Cheap Two Bedroom North Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Salem is starting from $2,900 at River Properties.

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.