Cheap Homes for Rent in Salem, NH from $1,000 (11 Rentals)

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

property at 30 Lawrence St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

30 Lawrence St

LawrenceMA01840
property at 67 Washington St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

67 Washington St

HaverhillMA01832

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.

property at 20 Ashland Ave

$1,950 - $2,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom Rentals

Available Now

20 Ashland Ave

MethuenMA01844
property at 85 Ford 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 Now

85 Ford St

MethuenMA01844

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

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 $1,555. 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 ListingModel NameBed/BathPriced From
Westgate ArmsS-AStudio,1BA$1,555
Hamilton Park1 - C1BR,1BA$1,585
Brook Village WestStudioStudio,1BA$1,680
354 ParkOne Bedroom1BR,1BA$1,825
15 Tremont St1 Bedroom1BR,1BA$1,900

Best Value Apartments for Rent in Salem, NH

As of December 27, 2025 the best value apartment in the Salem area is the $2.85 price per square foot Three Bedroom Model at 354 Park in the in the Tower Hill neighborhood starting from $2,850. The second greatest value Salem apartment is the Two Bedroom A - Renovated Model at Carlton Oaks starting at $2,570 with a $2.97 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.
354 ParkThree Bedroom3BR,2BA$2.85
Carlton OaksTwo Bedroom A - Renovated2BR,2BA$2.97
15 Tremont St1 Bedroom1BR,1BA$2.53
Hanover ToscanaB1BR,1BA$3.88
The Point at Merrimack Valley1A1BR,1BA$3.42
Corsa Tuscan VillageA1A1BR,1BA$3.78
Mill FallsTwo Bedroom Two Bathroom2BR,2BA$3.69
Hamilton Park1 - C1BR,1BA$2.78
Hanover Tuscan VillageAStudio ,1BA$4.10
Brook Village WestStudioStudio ,1BA$3.73

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.

Read Article
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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Salem

What type of rentals are currently available in Salem?

There are currently 148 Apartments for Rent in Salem, NH with pricing that ranges from $1,400 to $6,363. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,000 to $8,500.

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 $1,000 to $8,500 with an average monthly rent of $3,288.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!