37 Osborne Hill Dr
SalemMA01970
Cheap Homes for Rent in Salem, MA from $1,400 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
145 Munroe St
LynnMA01901
145 Munroe St
LynnMA01901
124 Central Ave
LynnMA01901
22 Atlantic St
LynnMA01902
23 Central Ave
LynnMA01901
257 Washington St
SalemMA01970
183 Washington St
LynnMA01902
233 Lafayette St
SalemMA01970
233 Lafayette St
SalemMA01970
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.
8 Joyce St
LynnMA01902
52 County St
PeabodyMA01960
8 Nahant Pl
LynnMA01902
150 Lewis St
LynnMA01902
145 Munroe St
LynnMA01901
29 Ocean Ave
SalemMA01970
56 Johnson St
LynnMA01902
23 Central Ave
LynnMA01901
12 River Dr
DanversMA01923
23 Central Ave
LynnMA01901
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
53 Melrose St
MelroseMA02176
13 River Dr
DanversMA01923
23 Central Ave
LynnMA01901
8 Franklin St
MarbleheadMA01945
233 Lafayette St
SalemMA01970
233 Lafayette St
SalemMA01970
21 Lewis St, Unit 4
21 Lewis St
LynnMA01902
8 Enon St
BeverlyMA01915
Showing Results 1-28, 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 a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $3,105 | $2,300 | $4,800 |
| Salem 3 Bedroom Homes for Rent | $3,860 | $2,000 | $6,250 |
| Salem 4 Bedroom Homes for Rent | $5,485 | $4,000 | $8,000 |
| Salem 5 Bedroom Homes for Rent | $4,625 | $4,250 | $5,000 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, MA Local Guide
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, MA
Pricing Updated: 04/18/2025Current 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 | $3,010 | $1,350 | 45 |
| North Shore | $3,500 | $1,050 | 714 |
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 18, 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 85 Timson St Model at 85 Timson St, Unit #1 starting at $2,400 with a $0.24 price per square foot in the East Lynn 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 |
| 85 Timson St, Unit #1 | 85 Timson St | 2BR,1BA | $0.24 |
| 1008 Paradise Rd, Unit PHP | 1008 Paradise Rd | 2BR,1.5BA | $0.28 |
| 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 |
| 35 Pacific St, Unit #2 | 35 Pacific St | 2BR,1BA | $1.73 |
| 132 North St, Unit #2 | 132 North St | 2BR,2BA | $1.86 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 73 School St, Unit #3 | 73 School St | 2BR,1BA | $2.00 |
| 46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 736 Apartments for Rent in Salem, MA with pricing that ranges from $1,050 to $10,675. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,499 to $8,000.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $1,499 to $8,000 with an average monthly rent of $3,852.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $2,650 to $10,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $6,250. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $3,200.
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.
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.
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.