
Cheap Apartments for Rent in the North Salem Neighborhood of Peabody, MA from $1,300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Salem area of Peabody.


Salem Heights

Grove Street Landing

131 Essex St

36 Upham St

Hawthorne Commons
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

2 Hodges Ct
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 | $2,491 | $1,920 | $2,700 |
North Salem 1 Bedroom Apartments | $2,811 | $1,350 | $6,806 |
North Salem 2 Bedroom Apartments | $3,585 | $1,500 | $9,654 |
North Salem 3 Bedroom Apartments | $3,062 | $2,550 | $3,950 |
Browse Apartments in this Neighborhood
There are currently 14 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 1 Harbor priced from $2,000. Princeton Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,099. Here are the most affordable North Salem apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1 Harbor | 1BR/1.0BA | 1BR,1BA | $2,000 |
Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $2,099 |
Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2,300 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2,562 |
Amara | S | Studio,1BA | $2,585 |
Best Value Apartments for Rent in North Salem, MA
As of March 16, 2025 the best value apartment in the North Salem area is the $2.00 price per square foot 73 School St Model at 73 School St, Unit #3 in the in the North Salem neighborhood starting from $2,600. The second greatest value North Salem apartment is the Sylvan Model at Essex Apartment Homes starting at $3,020 with a $2.47 price per square foot in the South Peabody 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. |
---|---|---|---|
73 School St, Unit #3 | 73 School St | 2BR,1BA | $2.00 |
Essex Apartment Homes | Sylvan | 2BR,2BA | $2.47 |
Hawthorne Commons | The Harbor | 2BR,2BA | $2.69 |
Traders Row | B2D | 2BR,2BA | $2.97 |
River Properties | 314 River Rock | 2BR,1BA | $2.79 |
Station 101 | 2 Bed A | 2BR,2BA | $2.74 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2.98 |
9 Hodges Ct, Unit 2 | 9 Hodges Ct | 2BR,1BA | $3.27 |
Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2.80 |
7 Roycroft Rd, Unit #1 | 7 Roycroft Rd | 2BR,1BA | $2.93 |
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Pet Friendly LifestyleNorth Salem, Peabody, MA
Ranked #7
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
What is the Cheapest Studio apartment in North Salem?
Currently the most affordable Cheap Studio Apartment in North Salem is at Amara listed at $2,585.
How much is rent for a Cheap One Bedroom North Salem Apartment?
The lowest price for a Cheap One Bedroom North Salem Apartment is $2,000 at 1 Harbor.
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 $2,600 at Folly Hill Meadows.
What is the most affordable North Salem Three Bedroom Apartment?
The best deal on a cheap North Salem Three Bedroom Apartment rental is at and starts from $2,550.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.