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

29 Wheeler Ave
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.

Hamilton Park

Washington Place
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $2,170 | $1,400 | $2,505 |
Cheap Salem 1 Bedroom Apartments | $2,379 | $1,560 | $3,153 |
Cheap Salem 2 Bedroom Apartments | $2,860 | $1,746 | $6,018 |
Cheap Salem 3 Bedroom Apartments | $3,488 | $850 | $6,898 |
Browse Top Apartments in Salem
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Salem, NH Local Guide

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Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, NH is a 2 Beds unit found at 205 Main St. in the Outer Greater Merrimack Valley neighborhood priced from $2,100. Hanover Toscana in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,198. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2,100 |
Hanover Toscana | A | Studio,1BA | $2,198 |
Caro Tuscan Village | S1CH | Studio,1BA | $2,230 |
Corsa Tuscan Village | S1B | Studio,1BA | $2,265 |
Hanover Tuscan Village | A | Studio,1BA | $2,273 |
Best Value Apartments for Rent in Salem, NH
As of June 23, 2025 the best value apartment in the Salem area is the $1.83 price per square foot 6 Merrill St Model at 6 Merrill St, Unit #2 in the in the South West Lawrence neighborhood starting from $2,750. The second greatest value Salem apartment is the P Model at Hanover Toscana starting at $5,658 with a $4.03 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. |
---|---|---|---|
6 Merrill St, Unit #2 | 6 Merrill St | 3BR,1BA | $1.83 |
Hanover Toscana | P | 2BR,2BA | $4.03 |
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2.47 |
The Point at Merrimack Valley | 1F | 1BR,1BA | $3.21 |
Corsa Tuscan Village | S1B | Studio ,1BA | $4.00 |
Caro Tuscan Village | S1C | Studio ,1BA | $4.18 |
Hanover Tuscan Village | A | Studio ,1BA | $4.25 |
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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!
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 Hanover Toscana listed at $2,198.
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $2,382 at The Point at Merrimack Valley.
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 $2,100 at 205 Main St..
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Caro Tuscan Village and starts from $4,055.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.