Cheap Apartments for Rent in Salem, NH from $600 (11 Rentals)

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Clough Farm Apartments
1 to 2 Bedroom Apartments

Clough Farm Apartments

8 Braemoor Woods RdSalem, NH 03079
  • Utilities Included

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.

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78 School St
Studio Apartments

78 School St

78 School StSalem, NH 03079
property at 423 Pelham St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

Studio, 1 Bath Home for Rent

Available Now

423 Pelham St

MethuenMA01844
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Arlington Point
Studio to 3 Bedroom Apartments

Arlington Point

580 BroadwayLawrence, MA 01841

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

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Local Guide Expert

Cheapest Available Salem Apartments for Rent

 

The cheapest available apartment rental in Salem, NH is a 1 Bed unit found at Hamilton Park in the Outer Greater Merrimack Valley neighborhood priced from $1,585. Westgate Arms in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,692. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hamilton Park1 - C1BR,1BA$1,585
Westgate Arms1-A1BR,1BA$1,692
Brook Village WestStudioStudio,1BA$1,805
354 ParkOne Bedroom1BR,1BA$1,825
15 Tremont St1 Bedroom1BR,1BA$1,900

Best Value Apartments for Rent in Salem, NH

As of January 22, 2026 the best value apartment in the Salem area is the $0.68 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,500. The second greatest value Salem apartment is the 5 Union St Model at 5 Union St, Unit 2 starting at $2,400 with a $1.60 price per square foot in the Arlington 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.
5 Cornish St5 Cornish St3BR,1BA$0.68
5 Union St, Unit 25 Union St3BR,1BA$1.60
354 ParkThree Bedroom3BR,2BA$2.85
114 Tenney St, Unit Unit 2114 Tenney St2BR,1BA$2.25
121 Bennington St, Unit 3121 Bennington St2BR,1BA$2.44
15 Tremont St1 Bedroom1BR,1BA$2.53
The Point at Merrimack Valley1A1BR,1BA$3.40
Corsa Tuscan VillageA1A1BR,1BA$3.78
Hamilton Park1 - C1BR,1BA$2.78
Westgate Arms1-B1BR,1BA$3.01

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 $1,805.

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

The lowest price for a Cheap One Bedroom Salem Apartment is $1,585 at Hamilton Park.

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 Westgate Arms.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at 354 Park and starts from $2,850.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.