Cheap Apartments for Rent in Salem, NH from $600 (45 Rentals)

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

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.

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78 School St
Studio Apartments

78 School St

78 School StSalem, NH 03079
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Clough Farm Apartments
1 to 2 Bedroom Apartments

Clough Farm Apartments

6 Braemoor Woods RdSalem, NH 03079
  • Utilities Included
property at 99 Cluff Crossing Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

99 Cluff Crossing Rd, Unit 5

99 Cluff Crossing Rd
SalemNH03079
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205 Main
Studio to 2 Bedroom Apartments

205 Main

205 Main StSalem, NH 03079

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.

property at 23 Lowell St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

23 Lowell St

MethuenMA01844
property at 13 Granite St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

13 Granite St

MethuenMA01844
property at 26 High St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

26 High St

MethuenMA01844
property at 4 Washington St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1 Bath Home for Rent

Available Now

4 Washington St

MethuenMA01844
property at 8 Kensington Ave

$2,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

8 Kensington Ave

MethuenMA01844
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Arlington Point
Studio to 3 Bedroom Apartments

Arlington Point

580 BroadwayLawrence, MA 01841

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.

property at 245 Broadway

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

245 Broadway

LawrenceMA01840
property at 26 Lafayette St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

26 Lafayette St

HaverhillMA01832
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Fabrica Lofts
1 to 3 Bedroom Apartments

Fabrica Lofts

608 BroadwayLawrence, MA 01841
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21 Horne St
Studio to 2 Bedroom Apartments

21 Horne St

21 Horne StMethuen, MA 01844
  • Utilities Included
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15 Tremont St
1 Bedroom Apartments

15 Tremont St

15 Tremont StMethuen, MA 01844
  • Smoke Free

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.

property at 46 Amesbury St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

46 Amesbury St

LawrenceMA01840
property at 46 Washington St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom Rentals

Available Now

46 Washington St

HaverhillMA01832
property at 206 Primrose St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Home for Rent

Available Now

206 Primrose St

HaverhillMA01830
property at 354 N Main St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

354 N Main St

AndoverMA01810
property at 187-189 Lowell St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

187-189 Lowell St

MethuenMA01844
property at 9 View St

$2,025

Total Monthly Price

Total Monthly Price

Base Rent
$2,025

Total Monthly Price
$2,025

2 Bedroom Rentals

Available Sep 1

9 View St

HaverhillMA01832
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66 Hampshire St
1 to 3 Bedroom Apartments

66 Hampshire St

66 Hampshire StMethuen, MA 01844
  • Smoke Free
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354 Park
1 to 3 Bedroom Apartments

354 Park

354-358 Park StreetLawrence, MA 01841
property at 46-48-48 S Prospect St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

46-48-48 S Prospect St

HaverhillMA01835

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

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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 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 ListingModel NameBed/BathPriced From
The Depot & Main1BD1BA1BR,1BA$1,590
Brook Village WestStudioStudio,1BA$1,905
1 -7 Meisner2BR/1.0BA2BR,1BA$2,200
Caro Tuscan VillageS1DStudio,1BA$2,200
Corsa Tuscan VillageA1A1BR,1BA$2,230
EpicureanStudio-S1Studio,1BA$2,342
Siena Tuscan VillageAStudio,1BA$2,351
Novella at Tuscan VillageB1BR,1BA$2,407
Mill FallsTwo Bedroom Two Bathroom2BR,2BA$2,600
Carlton OaksTwo Bedroom One Bathroom - Renovated2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
66 Broadway, Unit 3L66 Broadway4BR,1BA$2.80
Carlton OaksTwo Bedroom One Bathroom - Renovated2BR,1BA$2.95
Novella at Tuscan VillageI1BR,1BA$3.82
1 -7 Meisner2BR/1.0BA2BR,1BA$2.75
The Depot & Main1BD1BA1BR,1BA$2.41
Corsa Tuscan VillageA1A1BR,1BA$3.39
Mill FallsTwo Bedroom Two Bathroom2BR,2BA$4.00
EpicureanStudio-S1Studio ,1BA$4.10
Caro Tuscan VillageS1CStudio ,1BA$4.08
Brook Village WestStudioStudio ,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.

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Real 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.

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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 $1,905.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.