Cheap Apartments for Rent in Salem, NH from $600 (12 Rentals)

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

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Clough Farm Apartments
1 to 2 Bedroom Apartments

Clough Farm Apartments

8 Braemoor Woods RdSalem, NH 03079
  • Utilities Included
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78 School St
Studio Apartments

78 School St

78 School StSalem, NH 03079

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Fabrica Lofts
1 to 3 Bedroom Apartments

Fabrica Lofts

608 BroadwayLawrence, MA 01841

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Arlington Point
Studio to 3 Bedroom Apartments

Arlington Point

580 BroadwayLawrence, MA 01841

Salem, NH Local Guide

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Staff Writer
Local Guide Expert

Cheapest Available Salem Apartments for Rent

 

The cheapest available apartment rental in Salem, NH is a Studio unit found at Westgate Arms in the Outer Greater Merrimack Valley neighborhood priced from $1,600. 15 Tremont St in the Arlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westgate ArmsS-AStudio,1BA$1,600
15 Tremont St1 Bedroom1BR,1BA$1,900
205 Main St.2BR/1.0BA2BR,1BA$2,050
LOWELL ARMS APARTMENTSTwo Bedroom Deluxe2BR,1BA$2,100
Brook Village West2 Bedroom2BR,1BA$2,195

Best Value Apartments for Rent in Salem, NH

As of September 08, 2025 the best value apartment in the Salem area is the $1.78 price per square foot 25 Sunset Ave Model at 25 Sunset Ave, Unit second Floor in the in the Arlington neighborhood starting from $3,200. The second greatest value Salem apartment is the 37 Bennington St Model at 37 Bennington St, Unit 3 starting at $2,500 with a $2.55 price per square foot in the Tower Hill neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
25 Sunset Ave, Unit second Floor25 Sunset Ave5BR,2BA$1.78
37 Bennington St, Unit 337 Bennington StStudio ,1BA$2.55
LOWELL ARMS APARTMENTSTwo Bedroom Deluxe2BR,1BA$2.31
Brook Village West2 Bedroom2BR,1BA$2.44
Carlton OaksTwo Bedroom One Bathroom - Renovated2BR,1BA$3.05
5 Locust Rd, Unit 5 Locust Rd5 Locust Rd2BR,1BA$2.94
205 Main St.2BR/1.0BA2BR,1BA$2.41
15 Tremont St1 Bedroom1BR,1BA$2.53
The Point at Merrimack Valley1F1BR,1BA$3.22
200 Main St, Unit 2b200 Main St2BR,1BA$3.07

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Salem Overview

Salem, New Hampshire, can be an excellent place for apartment renters to settle in because it has such diverse possibilities. It’s a sleepy New England town with old world character located on the outskirts of the major metropolitan city of Boston. Salem apartment renters can relax in the pleasant, low-crime town while working and playing in a big city. It is also surrounded by vast natural resources that include mountain ranges and national parks. Apartments in Salem can be relatively inexpensive, especially when you consider the quality of life residents enjoy.

Why live in Salem, NH?

Salem is a tremendous place for apartment renters because it has a best of both worlds lifestyle. While it’s a quaint New England hamlet, it also is a stones throw away from the urban culture of Boston. You can relax in a quiet home life while working and experiencing big city arts, entertainment, sports and fine dining just a short distance away.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Salem, NH

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Salem Apartments

What is the Cheapest Studio apartment in Salem?

Currently the most affordable Cheap Studio Apartment in Salem is at Westgate Arms listed at $1,600.

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

The lowest price for a Cheap One Bedroom Salem Apartment is $1,825 at Westgate Arms.

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

Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $2,046 at Westgate Arms.

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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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.