
Cheap Apartments for Rent in Salem, NH from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


Westgate Arms

Total Monthly Price
72 N Broadway, Unit apartment

Willow Park Apartments

Brook Village West

8 Lancelot Court, Unit 13

Caro Tuscan Village

Corsa Tuscan Village

1 -7 Meisner
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Glenridge Apartments - 55+ Community

Policy Brook Estates

78 School St

14 Tiffany Rd

Clough Farm Apartments

99 Cluff Crossing Rd, Unit 5

205 Main

5 Sally Sweets Way

Hamilton Park
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

23 Lowell St

13 Granite St

26 High St

Mill Falls

Total Monthly Price
Washington Place

Elm Crest Estates

4 Washington St

8 Kensington Ave

Arlington Point
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

245 Broadway

Settler's Ridge Apartments - 55+ Community

LOWELL ARMS APARTMENTS

26 Lafayette St

Oakland Heights Apartments

Fabrica Lofts

21 Horne St

Union and Grove Apartments

15 Tremont St
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.

46 Amesbury St

46 Washington St

206 Primrose St

354 N Main St

187-189 Lowell St

9 View St

66 Hampshire St

354 Park

46-48-48 S Prospect St
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.
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 | $2,284 | $1,350 | $3,081 |
| Cheap Salem 1 Bedroom Apartments | $2,674 | $1,575 | $3,859 |
| Cheap Salem 2 Bedroom Apartments | $3,200 | $1,700 | $6,305 |
| Cheap Salem 3 Bedroom Apartments | $4,224 | $2,225 | $7,206 |
| Cheap Salem 4 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, NH Local Guide

- Nearby Cities
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Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, NH is a 1 Bed unit found at The Depot & Main in the Outer Greater Merrimack Valley neighborhood priced from $1,590. Brook Village West in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,905. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Depot & Main | 1BD1BA | 1BR,1BA | $1,590 |
| Brook Village West | Studio | Studio,1BA | $1,905 |
| 1 -7 Meisner | 2BR/1.0BA | 2BR,1BA | $2,200 |
| Caro Tuscan Village | S1D | Studio,1BA | $2,200 |
| Corsa Tuscan Village | A1A | 1BR,1BA | $2,230 |
| Epicurean | Studio-S1 | Studio,1BA | $2,342 |
| Siena Tuscan Village | A | Studio,1BA | $2,351 |
| Novella at Tuscan Village | B | 1BR,1BA | $2,407 |
| Mill Falls | Two Bedroom Two Bathroom | 2BR,2BA | $2,600 |
| Carlton Oaks | Two Bedroom One Bathroom - Renovated | 2BR,1BA | $2,609 |
Best Value Apartments for Rent in Salem, NH
As of July 25, 2026 the best value apartment in the Salem area is the $2.80 price per square foot 66 Broadway Model at 66 Broadway, Unit 3L in the in the South West Lawrence neighborhood starting from $2,800. The second greatest value Salem apartment is the Two Bedroom One Bathroom - Renovated Model at Carlton Oaks starting at $2,609 with a $2.95 price per square foot in the Outer Greater Merrimack Valley 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. |
|---|---|---|---|
| 66 Broadway, Unit 3L | 66 Broadway | 4BR,1BA | $2.80 |
| Carlton Oaks | Two Bedroom One Bathroom - Renovated | 2BR,1BA | $2.95 |
| Novella at Tuscan Village | I | 1BR,1BA | $3.82 |
| 1 -7 Meisner | 2BR/1.0BA | 2BR,1BA | $2.75 |
| The Depot & Main | 1BD1BA | 1BR,1BA | $2.41 |
| Corsa Tuscan Village | A1A | 1BR,1BA | $3.39 |
| Mill Falls | Two Bedroom Two Bathroom | 2BR,2BA | $4.00 |
| Epicurean | Studio-S1 | Studio ,1BA | $4.10 |
| Caro Tuscan Village | S1C | Studio ,1BA | $4.08 |
| Brook Village West | Studio | Studio ,1BA | $4.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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
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 Brook Village West listed at $1,905.
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $1,590 at The Depot & Main.
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 $1,908 at The Depot & Main.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Mill Falls and starts from $3,475.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.