40R Highland Ave
SalemMA01970
Cheap Apartments for Rent in Salem, MA from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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from $1,3501 to 2 Bedroom Apartments Contact Us For Availability
Salem Heights
12 Pope StSalem, MA 01970
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from $1,700Studio to 2 Bedroom Apartments Contact Us For Availability
Salem Highlands
84 Highland AveSalem, MA 01970
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from $1,8001 Bedroom Apartment Available Apr 30
12 Willson St, Unit 12 Willson
12 Willson StSalem, MA 01970
257 Washington St
SalemMA01970
233 Lafayette St
SalemMA01970
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Studio to 1 Bedroom Apartments
Fairweather Apartments (Age 62+ Community)
40 Highland AveSalem, MA 01970
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,575Studio to 2 Bedroom Apartments Available Now
THE ESSEX
585 Essex StLynn, MA 01901
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from $1,600Studio to 1 Bedroom Apartments Available Now
BayView Apartments
135 Ocean StLynn, MA 01902
585 Essex St
LynnMA01901
145 Munroe St
LynnMA01901
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from $1,8001 to 2 Bedroom Apartments Contact Us For Availability
Terrace Gardens
2 Esquire DrPeabody, MA 01960
18 Broad St
LynnMA01902
23 Central Ave
LynnMA01901
5 Union St
LynnMA01902
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from $1,850Studio to 2 Bedroom Apartments Available Now
The Vault
23 Central AveLynn, MA 01901
183 Washington St
LynnMA01902
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
19 Washington St
BeverlyMA01915
113 Broad St
LynnMA01902
472 Essex St
LynnMA01902
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Showing Results 1-31, Page 1 of 1
Salem, MA Local Guide
Salem Common by Diego Brito is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Salem Studio Apartments | $1,767 | $1,050 | $3,058 |
| Cheap Salem 1 Bedroom Apartments | $2,592 | $1,350 | $7,468 |
| Cheap Salem 2 Bedroom Apartments | $3,209 | $1,500 | $10,000+ |
| Cheap Salem 3 Bedroom Apartments | $3,459 | $2,600 | $10,000+ |
| Cheap Salem 4 Bedroom Apartments | $3,266 | $2,800 | $3,800 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, MA Local Guide
Written By:
Staff Writer Local Guide Expert
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, MA
Pricing Updated: 04/25/2025Current apartment rentals in the Salem, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Salem | $2,995 | $1,350 | 45 |
| North Shore | $3,500 | $1,050 | 682 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, MA is a Studio unit found at THE ESSEX in the Central neighborhood priced from $1,575. BayView Apartments in the East Lynn 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 |
|---|---|---|---|
| THE ESSEX | 0BR/1.0BA | Studio,1BA | $1,575 |
| BayView Apartments | 66 Studio Classic | Studio,1BA | $1,600 |
| The Vault | 0BR/1.0BA | Studio,1BA | $1,850 |
| The Oxford Lynn | 1 Bed - 06 | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Salem, MA
As of April 26, 2025 the best value apartment in the 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 Salem apartment is the 38 Forest St Model at 38 Forest St, Unit #1 starting at $3,800 with a $2.05 price per square foot in the South Peabody 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. |
|---|---|---|---|
| 6 Lemon St, Unit 2 | 6 Lemon St | 2BR,1BA | $0.24 |
| 38 Forest St, Unit #1 | 38 Forest St | 3BR,1.5BA | $2.05 |
| 150 Allen Ave, Unit 1 | 150 Allen Ave | 3BR,3BA | $1.87 |
| 132 North St, Unit #2 | 132 North St | 2BR,2BA | $1.86 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.25 |
| 73 School St, Unit #3 | 73 School St | 2BR,1BA | $2.00 |
| 46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
| 56 Broad St, Unit #2 | 56 Broad St | 1BR,1BA | $2.10 |
| 36 Upham St, Unit #1 | 36 Upham St | 1BR,1BA | $2.30 |
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Salem Overview
Salem has the feel of a small, compact town. Here, friendly residents celebrate together in the summer and stick together during blustery winters. This town's rich history and placement near Boston makes it a great place for both city commuters and people longing for a quieter life.
Why live in Salem, MA?
Salem has a reputation as a great home for young, energetic people. They come for Salem State University and stay for the creative scene, exciting history, and dynamic local businesses. However, this city also has a lot to offer busy professionals and families. It's close enough to commute to Boston, but decidedly more budget-friendly than the big city. Salem boasts a gorgeous waterfront, numerous museums and galleries, and centuries of history lying around every corner just waiting to be explored. Salem has a magic that turns visitors into residents, and residents into longtime locals.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, MA Rentals by Map
See the most popular apartments and homes in Salem, MA
Salem, MA Apartments MapSalem, MA Rental Homes MapGetting Around Salem, MA
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Salem Apartments
What is a cheap apartment in Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salem is under $1,950.
What is the price of a cheap apartment in Salem?
The cheapest apartment in Salem is BayView Apartments which is listed at $1,950, while the average apartment in Salem costs $3,247.
What types of apartments are the cheapest in Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Salem?
Cheap apartments in Salem have an average cost of $175 which is $3,072 cheaper than the average rent for all rentals in Salem.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.