What are the average rent costs in Salem, MA?

The average rent in Salem, MA is $2,186.

What are the average rent costs of a studio apartment in Salem, MA?

The average rent for a studio apartment in Salem, MA is $1,085.

What are the average rent costs of a one bedroom apartment in Salem, MA?

The average rent for a 1 bedroom apartment in Salem, MA is $2,186.

What are the average rent costs of a two bedroom apartment in Salem, MA?

The average rent for a 2 bedroom apartment in Salem, MA is $2,648.

What are the average rent costs of a three bedroom apartment in Salem, MA?

The average rent for a 3 bedroom apartment in Salem, MA is $3,185.

Apartments under $2,500 for Rent in Salem, MA

211 Rentals

STUDIO

$2,280

Lore

266 Canal St, Salem, MA 01970

Call (978) 981-3999
Exceptional Value

1 BED

$2,099+

2 BEDS

$2,450+

Princeton Crossing

12 Heritage Dr, Salem, MA 01970

Call (339) 666-1170
1 Month Free

1 Month Free

1 BED

$2,440

Traders Row

45 Traders Way, Salem, MA 01970

Call (978) 543-1623
1 BED

$2,449

Hawthorne Commons

205 Highland Ave, Salem, MA 01970

Call (351) 666-6013
$452 Off

Price Drop. $452 Off

STUDIO

$2,256+

1 BED

$2,471+

The Beverly Collection: The Block

140 Rantoul St, Beverly, MA 01915

Call (978) 705-9671
$404 Off

Price Drop. $404 Off

STUDIO

$2,450+

1 BED

$2,109+

The Westcott Swampscott

125 Essex St, Swampscott, MA 01907

Call (781) 653-6240
Exceptional Value

1 BED

$2,100

Station 101

101 Rantoul St, Beverly, MA 01915

Call (978) 619-8370
Good Value

1 BED

$2,369

The Beverly Collection: Flats at 131

131 Rantoul St, Beverly, MA 01915

Call (978) 993-5602
STUDIO

$1,700+

1 BED

$1,975+

2 BEDS

$2,400+

Salem Highlands

84 Highland Ave, Salem, MA 01970

Call (978) 861-1304
1 BED

$1,350+

2 BEDS

$1,500+

Salem Heights

12 Pope St, Salem, MA 01970

Call (351) 666-6198
Good Value

STUDIO

$2,395+

1 BED

$2,288+

The Beverly Collection: Canvas

199-211 Rantoul St, Beverly, MA 01915

Call (978) 969-4807
1 BED

$2,395

Enterprise Apartment Homes

79 Rantoul St, Beverly, MA 01915

Call (978) 312-5117
1 BED

$2,435

Burnham Apartment Homes

375 Rantoul St, Beverly, MA 01915

Call (978) 705-9994
1 BED, 1 BATH

$2,250

134 Boston St Unit 1F

134 Boston St, Salem, MA 01970

Call (978) 740-7002 Apply
1 BED

$1,800

1 Harbor

1 Harbor St, Salem, MA 01970
1 BED

$2,400

River Properties

70-92 Boston St, Salem, MA 01970
STUDIO

$1,610+

1 BED

$1,725+

2 BEDS

$2,070+

The Residences at St. James

160 Bridge St, Salem, MA 01970
Rent Special

Rent Special

1 BED

$1,800+

2 BEDS

$2,250+

Terrace Gardens

2 Esquire Dr, Peabody, MA 01960
1 BED, 1 BATH

$2,300

17 Pickman St Unit 4

17 Pickman St, Salem, MA 01970

Call (978) 879-9886
1 BED, 1 BATH

$2,500

1 Hazel St Unit 23R

1 Hazel St, Salem, MA 01970
1 BED, 1 BATH

$2,000

278 Lafayette St Unit 4

278 Lafayette St, Salem, MA 01970
1 BED, 1 BATH

$1,499

37 Osborne Hill Dr

37 Osborne Hill Dr, Salem, MA 01970

Call (603) 554-2833
STUDIO, 1 BATH

$2,500

90 Lafayette St Unit 203

90 Lafayette St, Salem, MA 01970

Call (617) 208-2121
1 BED, 1 BATH

$2,000

233 Lafayette St Unit 24

233 Lafayette St, Salem, MA 01970

Call (617) 208-2121
STUDIO, 1 BATH

$1,800

7 Home St Unit Apartment 1R

7 Home St, Beverly, MA 01915

Call (207) 251-9088
2 BEDS, 1 BATH

$2,300

29 Tracey St Unit 2

29 Tracey St, Peabody, MA 01960

Call (978) 395-6491
2 BEDS, 1 BATH

$2,500

9 River Dr Unit D

9 River Dr, Danvers, MA 01923

Call (617) 208-2121
1 BED, 1 BATH

$2,100

13 River Dr Unit A

13 River Dr, Danvers, MA 01923

Call (617) 208-2121
2 BEDS, 1 BATH

$2,400

10 River Dr Unit D

10 River Dr, Danvers, MA 01923

Call (617) 208-2121
2 BEDS, 1 BATH

$2,500

9 River Dr Unit C

9 River Dr, Danvers, MA 01923

Call (617) 208-2121
STUDIO, 1 BATH

$2,150

9 River Dr Unit B

9 River Dr, Danvers, MA 01923

Call (617) 208-2121
1 BED, 1 BATH

$2,300

278 Cabot St Unit 1

278 Cabot St, Beverly, MA 01915

Call (617) 208-2121
2 BEDS, 1 BATH

$2,500

3 Hazel St

3 Hazel St, Salem, MA 01970

Apply
3 BEDS, 1 BATH

$2,500

226 Canal St Unit 2

226 Canal St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,500

27 Symonds St Unit 3

27 Symonds St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,400

5 Pearl St Unit 2

5 Pearl St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,500

83 1/2 Summer St Unit 2

83 1/2 Summer St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,500

16 Lemon St Unit 2

16 Lemon St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,200

23 Park St Unit 2

23 Park St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,350

15 Burnside St Unit 2

15 Burnside St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,450

20 Geneva St Unit 3

20 Geneva St, Salem, MA 01970

Apply
2 BEDS, 1 BATH

$2,450

15 Geneva St Unit 3

15 Geneva St, Salem, MA 01970

Apply

Showing 42 of 81 results, Page 1 of 2

Salem at a Glance

Average Rent

$2,186

(All bedrooms and property types)

Learn more about

Average Rent in Salem

School Rating

out of 10 Rating

Learn more about

Schools in Salem

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Salem

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Salem

Salem, MA Apartments for Rent

Salem, Massachusetts combines centuries of history with modern coastal living. Located 15 miles northeast of Boston, this walkable city offers easy access to the metropolitan area via commuter rail, bus routes, and seasonal ferry service. The compact downtown puts museums, historic sites, and waterfront attractions within easy reach of most rental properties.

Housing options include apartments in restored historic buildings and newer developments, particularly near Salem State University and along the waterfront. The Chestnut Street District and Federal Street District showcase preserved architecture from the city's maritime era. With average one-bedroom apartment rents around $2,163, Salem offers a more cost-effective alternative to Boston living.

Residents enjoy proximity to Salem Willows Park, the renowned Peabody Essex Museum, and year-round cultural events. The city's historic waterfront, museums, and preserved colonial architecture create a distinctive setting for apartment living, while maintaining convenient access to Boston's employment and entertainment options.

Renting in Salem

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 248 Sq Ft $1,085 / mo
1 Bedroom 710 Sq Ft $2,186 / mo
2 Bedrooms 1,020 Sq Ft $2,648 / mo
3 Bedrooms 1,208 Sq Ft $3,185 / mo

Top Budget-Friendly Neighborhoods in Salem

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Downtown Salem 742 Sq Ft $2,477/mo
South Salem 694 Sq Ft $2,666/mo
North Shore 767 Sq Ft $2,777/mo

Getting Around Salem

Transportation

Very Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Some Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

College/University High School Middle School Elementary School

Endicott College

Private University

Salem State University

Public University

Gordon College, Wenham

Private University

North Shore C.C., Lynn Campus Lynn Campus

Public University

North Shore C.C., Danvers Danvers

Public University

GreatSchools Rating

Salem High

Public High School

Public

Grades 9-12

888 Students

GreatSchools Rating

Salem - New Liberty Innovation School

Public High School

Public

Grades 9-12

56 Students

GreatSchools Rating

Salem Prep High School

Public High School

Public

Grades 9-12

14 Students

GreatSchools Rating

Collins Middle

Public Middle School

Public

Grades 6-8

612 Students

GreatSchools Rating

Witchcraft Heights Elementary School

Public Elementary School

Public

Grades K-5

455 Students

GreatSchools Rating

Carlton Elementary School

Public Elementary School

Public

Grades K-5

246 Students

Apartments for Rent Near Salem

Salem Apartments for Rent in Your Budget

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Apartments under $2,500 for Rent in Salem, MA

Salem at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Salem, MA Apartments for Rent

Renting in Salem

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Salem

Getting Around Salem

Transportation

Very Walkable

Bikeable

Some Transit

Education

Apartments for Rent Near Salem

Salem Apartments for Rent in Your Budget

Thank You

About Our Deals

Price Drop

Best Value

Rent Specials