
Cheap Apartments for Rent in Salem, NH from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


Westgate Arms
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Hamilton Park

Washington Place
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.
Salem, NH Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Salem Studio Apartments | $2,021 | $1,400 | $2,500 |
Cheap Salem 1 Bedroom Apartments | $2,398 | $1,575 | $3,437 |
Cheap Salem 2 Bedroom Apartments | $2,916 | $1,746 | $6,105 |
Cheap Salem 3 Bedroom Apartments | $4,343 | $2,850 | $7,054 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, NH Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westgate Arms | S-A | Studio,1BA | $1,600 |
15 Tremont St | 1 Bedroom | 1BR,1BA | $1,900 |
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2,050 |
LOWELL ARMS APARTMENTS | Two Bedroom Deluxe | 2BR,1BA | $2,100 |
Brook Village West | 2 Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
25 Sunset Ave, Unit second Floor | 25 Sunset Ave | 5BR,2BA | $1.78 |
37 Bennington St, Unit 3 | 37 Bennington St | Studio ,1BA | $2.55 |
LOWELL ARMS APARTMENTS | Two Bedroom Deluxe | 2BR,1BA | $2.31 |
Brook Village West | 2 Bedroom | 2BR,1BA | $2.44 |
Carlton Oaks | Two Bedroom One Bathroom - Renovated | 2BR,1BA | $3.05 |
5 Locust Rd, Unit 5 Locust Rd | 5 Locust Rd | 2BR,1BA | $2.94 |
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2.41 |
15 Tremont St | 1 Bedroom | 1BR,1BA | $2.53 |
The Point at Merrimack Valley | 1F | 1BR,1BA | $3.22 |
200 Main St, Unit 2b | 200 Main St | 2BR,1BA | $3.07 |
Quick 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.
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!
Explore Salem, NH Rentals by Map
See the most popular apartments and homes in Salem, NH
Getting Around Salem, NH
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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.