
Cheap Apartments for Rent in the North Salem Neighborhood of Peabody, MA from $1,300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Salem area of Peabody.


Salem Heights

6 School St

257 Washington St

Hawthorne Commons

36 Upham St
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
North Salem, Peabody, MA Local Guide

How much does it cost to rent an apartment in North Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Salem Studio Apartments | $2,589 | $2,425 | $2,700 |
North Salem 1 Bedroom Apartments | $2,829 | $1,350 | $7,097 |
North Salem 2 Bedroom Apartments | $3,437 | $1,500 | $9,891 |
North Salem 3 Bedroom Apartments | $3,150 | $2,650 | $4,690 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the North Salem Neighborhood of Peabody, MA.
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North Salem, Peabody, MA Local Guide
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Cheapest Available North Salem Apartments for Rent
 The cheapest available apartment rental in the North Salem area of Boston, MA is a 1 Bed unit found at Princeton Crossing priced from $2,170. Folly Hill Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,225. Here are the most affordable North Salem apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Princeton Crossing | One BR Deluxe | 1BR,1BA | $2,170 |
Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2,225 |
Hawthorne Commons | The Dickens | 1BR,1BA | $2,368 |
River Properties | 307 River Rock Residences | 1BR,1BA | $2,400 |
Essex Apartment Homes | Cross | 1BR,1BA | $2,490 |
Best Value Apartments for Rent in North Salem, MA
As of April 14, 2025 the best value apartment in the North Salem area is the $0.24 price per square foot 6 Lemon St Model at 6 Lemon St, Unit 2 in the in the North Salem neighborhood starting from $2,400. The second greatest value North Salem apartment is the 132 North St Model at 132 North St, Unit #2 starting at $2,600 with a $1.86 price per square foot in the North Salem neighborhood. Here is today’s list of the best values for North Salem apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6 Lemon St, Unit 2 | 6 Lemon St | 2BR,1BA | $0.24 |
132 North St, Unit #2 | 132 North St | 2BR,2BA | $1.86 |
73 School St, Unit #3 | 73 School St | 2BR,1BA | $2.00 |
46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
21 Symonds St, Unit 21-2 Symonds St #2, Salem | 21 Symonds St | 3BR,1BA | $2.41 |
123 Bridge St, Unit #2 | 123 Bridge St | 2BR,1BA | $2.55 |
River Properties | 312 RIver Rock Residences | 2BR,1BA | $2.76 |
Station 101 | 2 Bed A | 2BR,2BA | $2.76 |
26 Northend St, Unit #2 | 26 Northend St | 2BR,1BA | $2.40 |
12 1/2 Dearborn St, Unit #3 | 12 1/2 Dearborn St | 2BR,1BA | $2.59 |
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Pet Friendly LifestyleNorth Salem, Peabody, MA
Ranked #6
Among neighborhoods in Peabody, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap North Salem Apartments
How much is rent for a Cheap One Bedroom North Salem Apartment?
The lowest price for a Cheap One Bedroom North Salem Apartment is $2,170 at Princeton Crossing.
What is the lowest price for a Cheap Two Bedroom North Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Salem is starting from $2,684 at Hawthorne Commons.
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.