30 Lawrence St
LawrenceMA01840
Cheap Homes for Rent in Salem, NH from $1,000 (15 Rentals)
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$1,6521 Bedroom Apartments Available Now
293 Broadway
293 BroadwayMethuen, MA 01844
14 Tiffany Rd
SalemNH03079
6 Old Chester Rd
DerryNH03038
350 Haverhill St
LawrenceMA01840
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
75 Beacon St
LawrenceMA01843
9 Tiffany Rd
SalemNH03079
5 Thornton Ave
LawrenceMA01841
7 Thornton Ave
LawrenceMA01841
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.
1 Lancelot Court
SalemNH03079
206 Primrose St
HaverhillMA01830
7 Lancelot Court
SalemNH03079
13 Thornton Ave
LawrenceMA01841
440 North Ave
HaverhillMA01830
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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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 | $2,684 | $1,850 | $5,000 |
| Salem 3 Bedroom Homes for Rent | $3,077 | $2,150 | $4,500 |
| Salem 4 Bedroom Homes for Rent | $6,050 | $3,500 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Studio unit found at Hamilton Park in the Outer Greater Merrimack Valley neighborhood priced from $1,400. LOWELL ARMS APARTMENTS in the South West Lawrence neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hamilton Park | S - A | Studio,1BA | $1,400 |
| LOWELL ARMS APARTMENTS | Studio | Studio,1BA | $1,600 |
| Washington Place | 21/13 | 1BR,1BA | $1,750 |
| Clough Farm Apartments | Two Bedroom | 2BR,1BA | $1,820 |
| 354 Park | One Bedroom | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Salem, NH
As of May 27, 2026 the best value apartment in the Salem area is the $0.63 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,300. The second greatest value Salem apartment is the Three Bedroom Model at Mill Falls starting at $3,475 with a $2.30 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. |
|---|---|---|---|
| 5 Cornish St | 5 Cornish St | 3BR,1BA | $0.63 |
| Mill Falls | Three Bedroom | 3BR,2.5BA | $2.30 |
| The Point at Merrimack Valley | 3B | 3BR,2BA | $3.00 |
| Clough Farm Apartments | Two Bedroom | 2BR,1BA | $1.86 |
| Corsa Tuscan Village | B2C | 2BR,2BA | $3.30 |
| 115 Bennington St | 115 Bennington St | 2BR,1BA | $2.56 |
| 1 -7 Meisner | 2BR/1.0BA | 2BR,1BA | $2.75 |
| 354 Park | One Bedroom | 1BR,1BA | $2.50 |
| 30 High St, Unit 2 | 30 High St | 1BR,1BA | $3.71 |
| Washington Place | 21/13 | 1BR,1BA | $2.87 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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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 147 Apartments for Rent in Salem, NH with pricing that ranges from $1,485 to $6,781. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,000 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 $1,000 to $10,500 with an average monthly rent of $3,128.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.