
Cheap Homes for Rent in Downtown Salem Neighborhood of Salem, MA from $2,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Salem area of Salem.


14 Lynde St

24 Norman St, Unit In the heart of Salem

266 Essex 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
Downtown Salem, Salem, MA Local Guide

How much does it cost to rent a home in Downtown Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Salem 2 Bedroom Homes for Rent | $2,925 | $2,700 | $3,150 |
Downtown Salem 3 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, MA.
Explore Salem
Best Value Apartments for Rent in Downtown Salem, MA
As of April 14, 2025 the best value apartment in the Downtown 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 Downtown Salem apartment is the B1 Model at Eagle Rock Apartments at Swampscott starting at $3,185 with a $2.45 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 | $0.24 |
Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.45 |
Halstead Salem Station | B2 | 2BR,2BA | $2.97 |
Sofi At Salem Station | Derby | 2BR,2BA | $2.78 |
123 Bridge St, Unit #2 | 123 Bridge St | 2BR,1BA | $2.55 |
9 Hodges Ct, Unit 2 | 9 Hodges Ct | 2BR,1BA | $3.27 |
The Beverly Collection: Canvas | Canvas A1B | 1 Bed | 1 Bath | 1BR,1BA | $3.88 |
The Beverly Collection: Link 480 | Link A1C | 1 Bed | 1 Bath | 1BR,1BA | $3.70 |
Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.64 |
The Beverly Collection: Flats at 131 | Flats at 131 A1A | 1 Bed | 1 Bath | 1BR,1BA | $4.20 |
Frequently Asked Questions about Downtown Salem
What type of rentals are currently available in Downtown Salem?
There are currently 83 Apartments for Rent in Downtown Salem, MA with pricing that ranges from $1,350 to $4,879. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salem ranging from $2,350 to $3,950.
What is the current price range for Rental Homes in Downtown Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Salem ranges from $2,350 to $3,950 with an average monthly rent of $3,175.
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.