Cheap Apartments for Rent in the Salem Common Neighborhood of Salem, MA from $900 (7 Rentals)

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

property at 160 Federal St

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

1 Bedroom, 1 Bath Home for Rent

Available Now

160 Federal St

SalemMA01970

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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970

Cheapest Available Salem Common Apartments for Rent

 

The cheapest available apartment rental in the Salem Common area of Boston, MA is a Studio unit found at The Residences at St. James priced from $1,610. 260 Washington Apartments – Modern Living in the Heart of Salem has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Salem Common apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
The Residences at St. JamesStudio 60%Studio,1BA$1,610
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$1,850
Residences at Lafayette LLC- 176 Lafayette1BR/1.0BA1BR,1BA$1,850

Best Value Apartments for Rent in Salem Common, MA

As of January 29, 2026 the best value apartment in the Salem Common area is the $1.83 price per square foot 8 Randall St Model at 8 Randall St, Unit 2 in the in the North Salem neighborhood starting from $3,350. The second greatest value Salem Common apartment is the The Pingree Townhome Model at Sofi At Salem Station starting at $3,800 with a $2.54 price per square foot in the North Salem neighborhood. Here is today’s list of the best values for Salem Common apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8 Randall St, Unit 28 Randall St4BR,1.5BA$1.83
Sofi At Salem StationThe Pingree Townhome2BR,2.5BA$2.54
37 Endicott St, Unit 337 Endicott St2BR,1BA$1.67
Olde Salem Jail2BR/2.0BA2BR,2BA$2.79
231 Washington Residences2 Bedroom 2 Bath - C42BR,2BA$2.96
69 Endicott St, Unit #369 Endicott St2BR,1BA$2.84
83 1/2 Summer St, Unit 283 1/2 Summer St2BR,1BA$3.00
Park Towers1 Bedroom Apt1BR,1BA$2.53
55 Buffum St, Unit 255 Buffum St1BR,1BA$3.36
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$3.28

Frequently Asked Questions about Cheap Salem Common Apartments

What is a cheap apartment in Salem Common?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salem Common is under $2,375.

What is the price of a cheap apartment in Salem Common?

The cheapest apartment in Salem Common is The Residences at St. James which is listed at $1,725, while the average apartment in Salem Common costs $3,350.

What types of apartments are the cheapest in Salem Common?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Salem Common that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Salem Common?

Cheap apartments in Salem Common have an average cost of $322 which is $3,028 cheaper than the average rent for all rentals in Salem Common.

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.

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