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Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, MA from $1,300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
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Salem Highlands
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Terrace Gardens
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
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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 | $2,677 | $1,350 | $5,360 |
Downtown Salem 2 Bedroom Apartments | $3,186 | $1,500 | $6,289 |
Downtown Salem 3 Bedroom Apartments | $4,819 | $4,250 | $7,662 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
See all Apartments in SalemExplore Salem
Cheapest Available Downtown Salem Apartments for Rent
 The cheapest available apartment rental in the Downtown Salem area of Boston, MA is a Studio unit found at 64 Grove St priced from $1,920. 1 Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here are the most affordable Downtown Salem apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
64 Grove St | Studio | Studio,1BA | $1,920 |
1 Harbor | 1BR/1.0BA | 1BR,1BA | $2,000 |
Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,355 |
Best Value Apartments for Rent in Downtown Salem, MA
As of February 14, 2025 the best value apartment in the Downtown Salem area is the $0.26 price per square foot 6 Lemon St Model at 6 Lemon St, Unit 2 in the in the North Salem neighborhood starting from $2,600. The second greatest value Downtown Salem apartment is the 201 North RIver Model at River Properties starting at $2,950 with a $2.17 price per square foot in the South Salem 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. |
---|---|---|---|
6 Lemon St, Unit 2 | 6 Lemon St | 2BR,1BA | $0.26 |
River Properties | 201 North RIver | 2BR,2BA | $2.17 |
Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.41 |
Halstead Salem Station | B1 | 2BR,2BA | $3.08 |
The Landing at Vinnin Square | D | 1BR,1BA | $3.67 |
Sofi At Salem Station | McIntire | 1BR,1BA | $2.93 |
14 New Derby | 1BR/1.0BA | 1BR,1BA | $3.08 |
Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.57 |
64 Grove St | Studio | Studio ,1BA | $3.93 |
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 $2,630 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 The Landing at Vinnin Square and starts from $4,356.
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.
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The 10 Best Affordable Neighborhoods in Boston, MA
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Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
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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.
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Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.