
Cheap Apartments for Rent in Salem, NH from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


Westgate Arms

30 Coburn St

Willow Park Apartments

53 Azarian Rd
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

Mill Falls
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.

Elm Crest Estates
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.
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 | $2,223 | $1,400 | $2,830 |
| Cheap Salem 1 Bedroom Apartments | $2,410 | $1,575 | $3,760 |
| Cheap Salem 2 Bedroom Apartments | $3,048 | $1,746 | $5,981 |
| Cheap Salem 3 Bedroom Apartments | $4,500 | $2,600 | $7,054 |
| Cheap Salem 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, NH Local Guide

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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 $1,550. Hamilton Park in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,585. 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 | $1,550 |
| Hamilton Park | 1 - C | 1BR,1BA | $1,585 |
| 15 Tremont St | 1 Bedroom | 1BR,1BA | $1,900 |
| The Point at Merrimack Valley | 1A | 1BR,1BA | $2,254 |
| Hanover Tuscan Village | A | Studio,1BA | $2,285 |
Best Value Apartments for Rent in Salem, NH
As of October 24, 2025 the best value apartment in the Salem area is the $3.95 price per square foot P Model at Hanover Toscana in the in the Outer Greater Merrimack Valley neighborhood starting from $5,549. The second greatest value Salem apartment is the 47 Juniper St Model at 47 Juniper St, Unit Unit 2 starting at $2,700 with a $2.05 price per square foot in the South West Lawrence 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. |
|---|---|---|---|
| Hanover Toscana | P | 2BR,2BA | $3.95 |
| 47 Juniper St, Unit Unit 2 | 47 Juniper St | 4BR,1BA | $2.05 |
| 1-7 Meisner | 2BR/1.0BA | 2BR,1BA | $3.06 |
| 15 Tremont St | 1 Bedroom | 1BR,1BA | $2.53 |
| 30 High St, Unit 2 | 30 High St | 1BR,1BA | $3.71 |
| The Point at Merrimack Valley | 1A | 1BR,1BA | $3.22 |
| Corsa Tuscan Village | A1A | 1BR,1BA | $3.78 |
| Mill Falls | Two Bedroom Two Bathroom | 2BR,2BA | $3.85 |
| Hamilton Park | 1 - C | 1BR,1BA | $2.78 |
| Hanover Tuscan Village | A | Studio ,1BA | $4.27 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
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
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 $1,550.
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 $1,990 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.











