
Cheap Homes for Rent in Salem, NH from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


30 Lawrence St

625 W Lowell Ave

67 Washington St

2 Charles 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.

11 Tiffany Rd, Unit 8

16 Tiffany Rd, Unit # 9

18-22 Essex St

38 Custer St

2 Brook Rd

62 Washington St
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

How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $2,508 | $1,975 | $4,000 | 
| Salem 3 Bedroom Homes for Rent | $3,259 | $2,375 | $3,850 | 
| Salem 4 Bedroom Homes for Rent | $3,137 | $2,850 | $3,500 | 
| Salem 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 | 
Browse Top Homes for Rent in Salem
Explore 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 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 $1,695. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Hamilton Park | 1 - C | 1BR,1BA | $1,585 | 
| Westgate Arms | 1-A | 1BR,1BA | $1,695 | 
| 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 31, 2025 the best value apartment in the Salem area is the $3.90 price per square foot P Model at Hanover Toscana in the in the Outer Greater Merrimack Valley neighborhood starting from $5,483. The second greatest value Salem apartment is the 47 Juniper St Model at 47 Juniper St, Unit 3 starting at $2,600 with a $1.97 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 | $3.90 | 
| 47 Juniper St, Unit 3 | 47 Juniper St | 3BR,1BA | $1.97 | 
| 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 | 
| Westgate Arms | 1-B | 1BR,1BA | $3.00 | 
| Hamilton Park | 1 - C | 1BR,1BA | $2.78 | 
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.
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 Salem
What type of rentals are currently available in Salem?
There are currently 145 Apartments for Rent in Salem, NH with pricing that ranges from $1,400 to $7,054. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $910 to $4,500.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $910 to $4,500 with an average monthly rent of $2,835.
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.
