Cheap Apartments for Rent in the South Salem Neighborhood of Salem, MA from $900 (57 Rentals)

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

property at 40R Highland Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

40R Highland Ave

SalemMA01970
property at 366 Essex St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

366 Essex St

SalemMA01970
property at 231 Lafayette St

$1,900 - $2,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900 - $2,550

Total Monthly Price
$1,900 - $2,550

Studio To 1 Bedroom Condos for Rent

Available Now

231 Lafayette St

SalemMA01970

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Traders Row
Rent Specials
$2,278 - $3,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,278 - $3,475

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Traders Row

45 Traders WaySalem, MA 01970
Luxury
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  • Smoke Free
property at 233 Lafayette St

$1,900 - $2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio To 2 Bedroom Rentals

Available Now

233 Lafayette St

SalemMA01970
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Lore
Rent Specials
$2,312 - $3,855
Total Monthly Price

Total Monthly Price

Base Rent
$2,312 - $3,855

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lore

266 Canal StSalem, MA 01970
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Halstead Salem Station
Rent Specials
$2,391 - $4,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,391 - $4,900

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Halstead Salem Station

72 Flint StSalem, MA 01970
Affordability
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  • Customer Reviewed
property at 275 Jefferson Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1 Bath Home for Rent

Available Now

275 Jefferson Ave

SalemMA01970
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Hawthorne Commons
Rent Specials
$2,423 - $8,433
Total Monthly Price

Total Monthly Price

Base Rent
$2,408 - $8,418
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hawthorne Commons

205 Highland AveSalem, MA 01970
Outdoors
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  • Customer Reviewed
  • 3D Tour
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Bell North Shore
$2,431 - $7,097
Total Monthly Price

Total Monthly Price

Base Rent
$2,431 - $7,097

Total Monthly Price
$2,431 - $7,097
1 to 3 Bedroom Apartments Available Now

Bell North Shore

One Carol WaySalem, MA 01970
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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14 Porter St
$2,500 - $3,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,500 - $3,200

Total Monthly Price
$2,500 - $3,200
2 to 3 Bedroom Apartment Available Now

14 Porter St

14 Porter StSalem, MA 01970
  • Smoke Free

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.

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14 Glover St, Unit 2, Unit 2
$2,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500
2 Bedroom Apartment Available May 1

14 Glover St, Unit 2, Unit 2

14 Glover StSalem, MA 01970
Cost Per Sq.Ft.
  • Smoke Free
property at 31 Roslyn St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

31 Roslyn St

SalemMA01970
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52 Lawrence St
$2,550 - $3,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,550 - $3,200

Total Monthly Price
$2,550 - $3,200
3 to 4 Bedroom Apartment Available Aug 3

52 Lawrence St

52 Lawrence StSalem, MA 01970
  • Smoke Free
property at 125 Washington St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

125 Washington St

SalemMA01970
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23 Gardner St
$2,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600
2 Bedroom Apartment Available Now

23 Gardner St

23 Gardner StSalem, MA 01970
Cost Per Sq.Ft.

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.

property at 11 Willow Ave

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 1 Bath Home for Rent

Available Now

11 Willow Ave

SalemMA01970
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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970
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143 Canal St
1 to 3 Bedroom Apartments

143 Canal St

143 Canal StSalem, MA 01970
property at 15 Lynde St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

15 Lynde St

SalemMA01970
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122 Boston
1 to 3 Bedroom Apartments

122 Boston

122 Boston StSalem, MA 01970
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Park Towers
1 to 3 Bedroom Apartments

Park Towers

100 Washington StSalem, MA 01970

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $1,400. Salem Highlands has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable South Salem apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
The Residences at St. JamesStudio 60%Studio,1BA$1,400
Salem HighlandsStudio, non-renovatedStudio,1BA$1,700
Historic 1 Harbor St1BR/1.0BA1BR,1BA$1,900
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$1,900
Princeton CrossingDog Friendly One Bedroom Standard1BR,1BA$1,999
Lore1A1BR,1BA$2,338
Halstead Salem StationA3 - Affordable1BR,1BA$2,391
Hawthorne CommonsThe Chestnut1BR,1BA$2,423

Best Value Apartments for Rent in South Salem, MA

As of April 23, 2026 the best value apartment in the South Salem area is the $2.12 price per square foot 127 Canal St Model at 127 Canal St, Unit 3 in the in the South Salem neighborhood starting from $3,600. The second greatest value South Salem apartment is the A7 Model at Vavel Apartments starting at $3,950 with a $2.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
127 Canal St, Unit 3127 Canal St4BR,2BA$2.12
Vavel ApartmentsA72BR,2BA$2.70
23 Gardner St23 Gardner St2BR,1BA$1.86
13 Becket St, Unit 213 Becket St2BR,1BA$1.91
15 Hazel St, Unit 115 Hazel St3BR,1BA$2.23
Eagle Rock Apartments at SwampscottB12BR,2BA$2.07
Traders RowB2D2BR,2BA$3.00
Bell North ShoreA1B1BR,1BA$2.87
83 1/2 Summer St, Unit 283 1/2 Summer St2BR,1BA$2.67
83 1/2 Summer St, Unit 283 1/2 Summer St2BR,1BA$2.75

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 $2,423.

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 $3,700.

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.

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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