
Cheap Apartments for Rent in the South Salem Neighborhood of Salem, MA from $900 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Salem area of Salem.


The Residences at St. James

Salem Highlands

160 Federal St

Total Monthly Price
36 Endicott St, Unit 1R
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Historic 1 Harbor St

Fairweather Apartments (Age 62+ Community)

The Lighthouses

327 Jefferson Ave

143 Canal St
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Floating Bridge Pond
South Salem, Salem, MA Local Guide

How much does it cost to rent an apartment in South Salem?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Salem Studio Apartments | $2,029 | $1,495 | $2,350 |
| South Salem 1 Bedroom Apartments | $2,351 | $1,450 | $2,840 |
| South Salem 2 Bedroom Apartments | $2,959 | $1,600 | $4,100 |
| South Salem 3 Bedroom Apartments | $2,999 | $2,600 | $4,000 |
| South Salem 4 Bedroom Apartments | $3,525 | $3,350 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the South Salem Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Cheapest Available South Salem Apartments for Rent
 The cheapest available apartment rental in the South Salem 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 South Salem apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,610 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Residences at Lafayette LLC- 176 Lafayette | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $1,900 |
| Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in South Salem, MA
As of January 22, 2026 the best value apartment in the South Salem area is the $2.18 price per square foot 127 Canal St Model at 127 Canal St, Unit 3 in the in the South Salem neighborhood starting from $3,700. The second greatest value South Salem apartment is the 253 Humphrey St Model at 253 Humphrey St, Unit 2 starting at $4,000 with a $2.67 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for South Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 127 Canal St, Unit 3 | 127 Canal St | 4BR,2BA | $2.18 |
| 253 Humphrey St, Unit 2 | 253 Humphrey St | 3BR,2BA | $2.67 |
| Vavel Apartments | A4 | 2BR,2BA | $2.51 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.04 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $1.67 |
| Bell North Shore | A1A | 1BR,1BA | $2.50 |
| University Square North | 2BR/1.0BA | 2BR,1BA | $2.73 |
| Hawthorne Commons | The Dickens | 1BR,1BA | $2.76 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $2.53 |
Frequently Asked Questions about Cheap South Salem Apartments
What is a cheap apartment in South Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Salem is under $2,251.
What is the price of a cheap apartment in South Salem?
The cheapest apartment in South Salem is The Residences at St. James which is listed at $1,725, while the average apartment in South Salem costs $3,525.
What types of apartments are the cheapest in South Salem?
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 South Salem 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 South Salem?
Cheap apartments in South Salem have an average cost of $123 which is $3,402 cheaper than the average rent for all rentals in South Salem.
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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