
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, MA from $1,300 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.


Salem Highlands
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
Downtown Salem, Salem, MA Local Guide

How much does it cost to rent an apartment in Downtown Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Salem Studio Apartments | $1,775 | $1,700 | $1,850 |
Downtown Salem 1 Bedroom Apartments | $2,610 | $1,350 | $3,285 |
Downtown Salem 2 Bedroom Apartments | $3,081 | $1,500 | $4,630 |
Downtown Salem 3 Bedroom Apartments | $4,012 | $3,400 | $4,750 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Best Value Apartments for Rent in Downtown Salem, MA
As of March 24, 2025 the best value apartment in the Downtown Salem area is the $2.43 price per square foot B1 Model at Eagle Rock Apartments at Swampscott in the in the South Salem neighborhood starting from $3,156. The second greatest value Downtown Salem apartment is the 2 Bedroom 1 Bathroom Model at Burnham Apartment Homes starting at $2,750 with a $2.83 price per square foot in the Beverly Farms neighborhood. Here is today’s list of the best values for Downtown Salem apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.43 |
Burnham Apartment Homes | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.83 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2.95 |
9 Hodges Ct, Unit 2 | 9 Hodges Ct | 2BR,1BA | $3.27 |
Halstead Salem Station | A1 | 1BR,1BA | $3.95 |
The Beverly Collection: Link 480 | Link A1C | 1 Bed | 1 Bath | 1BR,1BA | $3.70 |
The Beverly Collection: Canvas | Canvas A1BZ | 1 Bed | 1 Bath | 1BR,1BA | $3.90 |
The Beverly Collection: Flats at 131 | Flats at 131 A1A | 1 Bed | 1 Bath | 1BR,1BA | $4.14 |
Getting Around the Downtown Salem Neighborhood in Salem, MA
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
39 / 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 Downtown Salem Apartments
How much is rent for a Cheap One Bedroom Downtown Salem Apartment?
The lowest price for a Cheap One Bedroom Downtown Salem Apartment is $2,000 at 1 Harbor.
What is the lowest price for a Cheap Two Bedroom Downtown Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Salem is starting from $2,750 at Burnham Apartment Homes.
What is the most affordable Downtown Salem Three Bedroom Apartment?
The best deal on a cheap Downtown Salem Three Bedroom Apartment rental is at and starts from $3,400.
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.