Cheap Apartments for Rent in Salem, NH from $600 (14 Rentals)

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Clough Farm Apartments
1 to 2 Bedroom Apartments

Clough Farm Apartments

8 Braemoor Woods RdSalem, NH 03079
  • Utilities Included
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78 School St
Studio Apartments

78 School St

78 School StSalem, NH 03079
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Arlington Point
Studio to 3 Bedroom Apartments

Arlington Point

590 BroadwayLawrence, MA 01841
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Fabrica Lofts
1 to 3 Bedroom Apartments

Fabrica Lofts

608 BroadwayLawrence, MA 01841
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21 Horne St
2 Bedroom Apartments

21 Horne St

21 Horne StMethuen, MA 01844
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Salem, NH Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, NH is a Studio unit found at Brook Village West in the Outer Greater Merrimack Valley neighborhood priced from $1,835. Hanover Tuscan Village in the Outer Greater Merrimack Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,387. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Village WestStudioStudio,1BA$1,835
Hanover Tuscan VillageAStudio,1BA$2,387
The Point at Merrimack Valley1F1BR,1BA$2,422
Caro Tuscan VillageA1B1BR,1BA$2,460
Hanover ToscanaAStudio,1BA$2,506

Best Value Apartments for Rent in Salem, NH and Nearby

As of March 26, 2025 the best value apartment in the Salem area is the $3.30 price per square foot Two Bedroom Large Model at Carlton Oaks in the in the Outer Greater Merrimack Valley neighborhood starting from $2,930. The second greatest value Salem apartment is the 1F Model at The Point at Merrimack Valley starting at $2,422 with a $3.27 price per square foot in the Arlington neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carlton OaksTwo Bedroom Large2BR,2BA$3.30
The Point at Merrimack Valley1F1BR,1BA$3.27
121 Cluff Crossing #12, Unit 12121 Cluff Crossing #121BR,1BA$2.88
30 High St, Unit 230 High St1BR,1BA$3.71
Caro Tuscan VillageA1B1BR,1BA$3.88
Hanover ToscanaAStudio ,1BA$4.51
Hanover Tuscan VillageAStudio ,1BA$4.46
Brook Village WestStudioStudio ,1BA$4.08

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Salem Overview

Salem, New Hampshire, can be an excellent place for apartment renters to settle in because it has such diverse possibilities. It’s a sleepy New England town with old world character located on the outskirts of the major metropolitan city of Boston. Salem apartment renters can relax in the pleasant, low-crime town while working and playing in a big city. It is also surrounded by vast natural resources that include mountain ranges and national parks. Apartments in Salem can be relatively inexpensive, especially when you consider the quality of life residents enjoy.

Why live in Salem, NH?

Salem is a tremendous place for apartment renters because it has a best of both worlds lifestyle. While it’s a quaint New England hamlet, it also is a stones throw away from the urban culture of Boston. You can relax in a quiet home life while working and experiencing big city arts, entertainment, sports and fine dining just a short distance away.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salem, NH Rentals by Map

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Getting Around Salem, NH

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Salem Apartments

What is the Cheapest Studio apartment in Salem?

Currently the most affordable Cheap Studio Apartment in Salem is at Brook Village West listed at $1,835.

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $2,155 at Brook Village West.

What is the lowest price for a Cheap Two Bedroom Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $2,609 at Carlton Oaks.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Caro Tuscan Village and starts from $4,135.

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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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.

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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.

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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.

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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.