
Cheap Homes for Rent in the North Salem Neighborhood of Salem, MA from $2,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Salem area of Salem.

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

117 North St, Unit 3
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.

24 Tracey St, Unit 2
North Salem, Salem, MA Local Guide

How much does it cost to rent a home in North Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| North Salem 2 Bedroom Homes for Rent | $2,987 | $2,000 | $3,800 |
| North Salem 3 Bedroom Homes for Rent | $4,150 | $3,900 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Salem Neighborhood of Salem, MA.
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North Salem, Salem, MA Local Guide
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Best Value Apartments for Rent in North Salem, MA
As of July 24, 2026 the best value apartment in the North Salem area is the $3.04 price per square foot The Nichols Townhome Model at Sofi At Salem Station in the in the North Salem neighborhood starting from $4,486. The second greatest value North Salem apartment is the 36 Beaver St Model at 36 Beaver St, Unit Beaver St starting at $2,500 with a $2.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sofi At Salem Station | The Nichols Townhome | 2BR,2.5BA | $3.04 |
| 36 Beaver St, Unit Beaver St | 36 Beaver St | 2BR,1BA | $2.38 |
| Grove Street Landing | 2E | 2BR,2BA | $3.06 |
| Halstead Salem Station | A3 | 1BR,1BA | $4.19 |
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 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.
Read ArticleQuick 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.
Pet Friendly LifestyleNorth Salem, Salem, MA
Ranked #8
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about North Salem
What type of rentals are currently available in North Salem?
There are currently 73 Apartments for Rent in North Salem, MA with pricing that ranges from $1,500 to $3,730. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Salem ranging from $2,000 to $4,400.
What is the current price range for Rental Homes in North Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Salem ranges from $2,000 to $4,400 with an average monthly rent of $3,179.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.