
Cheap Apartments for Rent in Waterfront District
-
1 BED$1,800
-
1 BED, 1 BATH$1,800
Newly updated kitchen! 1 Bed 1 Bath apartm... Unit 2
16 Turner St, Salem, MA 01970 -
-
-
1 BED, 1 BATH$2,600
217-221 Essex St Unit 503
217-221 Essex St, Salem, MA 01970 -
1 BED, 1 BATH$2,600
217 Essex St Unit #503
217 Essex St, Salem, MA 01970 -
1 BED, 1 BATH$2,600
131 Essex St Unit 32
131 Essex St, Salem, MA 01970 -
Call for Rent
14 New Derby
18 New Derby St, Salem, MA 01970 -
4 BEDS, 1 BATH$2,650
23 Park St Unit 2
23 Park St, Salem, MA 01970 -
4 BEDS, 1 BATH$2,650
23 Park St Unit 2
23 Park St, Salem, MA 01970 -
4 BEDS, 1 BATH$2,650
23 Park St
23 Park St, Salem, MA 01970 -
Call for Rent
20 Harbor Street
20 Harbor St, Salem, MA 01970 -
-
Rent Special2 BEDS, 1 BATH$2,850
102 Wharf St Unit A7
102 Wharf St, Salem, MA 01970 -
2 BEDS, 1 BATH$2,850
102 Wharf St Unit A7
102 Wharf St, Salem, MA 01970 -
-
-
-
-
-
-
-
-
3 BEDS, 2 BATHS$3,700
3 bedroom in Salem MA 01970
11 Forrester St, Salem, MA 01970 -
-
-
-
-
Can't find what you are looking for?
Clear All FiltersSalem at a Glance
Waterfront District Neighborhood in Salem, MA
When looking for cheap apartments in Waterfront District, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Waterfront District.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 29 cheap apartments available in Waterfront District, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Salem
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Salem Neck 794 Sq Ft $2,540/mo
- Downtown Salem 756 Sq Ft $2,630/mo
- South Salem 704 Sq Ft $2,652/mo
- North Shore 769 Sq Ft $2,806/mo
Getting Around Salem
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
Submitting Request
Thank You
About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.