
Cheap Homes for Rent in Salem, NH from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.

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.

67 Washington St

88 Beacon St

71 Mystic St

60 Washington St

18-22 Essex St

76 Elmwood Rd

440 North Ave

15 Tiffany Rd, Unit 10
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.

655 W Lowell Ave
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 | $2,988 | $2,000 | $5,500 |
Salem 3 Bedroom Homes for Rent | $4,080 | $3,000 | $6,000 |
Salem 4 Bedroom Homes for Rent | $5,266 | $2,400 | $10,000+ |
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 Studio unit found at Hanover Tuscan Village in the Outer Greater Merrimack Valley neighborhood priced from $2,097. Hanover Toscana in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,150. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hanover Tuscan Village | A | Studio,1BA | $2,097 |
Hanover Toscana | A | Studio,1BA | $2,150 |
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2,200 |
The Point at Merrimack Valley | 1F | 1BR,1BA | $2,402 |
Caro Tuscan Village | S1B | Studio,1BA | $2,430 |
Best Value Apartments for Rent in Salem, NH
As of July 13, 2025 the best value apartment in the Salem area is the $2.59 price per square foot 2BR/1.0BA Model at 205 Main St. in the in the Outer Greater Merrimack Valley neighborhood starting from $2,200. The second greatest value Salem apartment is the 1F Model at The Point at Merrimack Valley starting at $2,402 with a $3.24 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. |
---|---|---|---|
205 Main St. | 2BR/1.0BA | 2BR,1BA | $2.59 |
The Point at Merrimack Valley | 1F | 1BR,1BA | $3.24 |
Mill Falls | Two Bedroom Two Bathroom | 2BR,2BA | $3.92 |
Hanover Toscana | A | Studio ,1BA | $3.87 |
Caro Tuscan Village | S1B | Studio ,1BA | $4.45 |
Hanover Tuscan Village | A | Studio ,1BA | $3.92 |
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 137 Apartments for Rent in Salem, NH with pricing that ranges from $1,100 to $6,103. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $800 to $10,500.
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 $800 to $10,500 with an average monthly rent of $3,716.
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.