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Cheap Apartments for Rent in Waterfront District

13 Rentals
.
  1. Building Photo - 116 Lafayette St
    STUDIO, 1 BATH
    $1,250
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250
    Required Monthly FeesNone
    Total Monthly Price$1,250

    116 Lafayette St

    116 Lafayette St, Salem, MA 01970
  3. Building Photo - 8 Herbert St
    1 BED, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    8 Herbert St Unit 2

    8 Herbert St, Salem, MA 01970
  4. Building Photo - 37 Turner St
    1 BED, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    37 Turner St Unit 2

    37 Turner St, Salem, MA 01970
  5. 2 BEDS, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    5 Hawthorne Blvd Unit 2

    5 Hawthorne Blvd, Salem, MA 01970
  7. Building Photo - 13 Becket St
    2 BEDS, 1 BATH
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500
         - 12 Month Lease

    13 Becket St Unit #2

    13 Becket St, Salem, MA 01970
  9. Building Photo - 23 Park St
    2 BEDS, 1 BATH
    $2,650

    23 Park St

    23 Park St, Salem, MA 01970
  10. Building Photo - 23 Park St
    2 BEDS, 1 BATH
    $2,650
    Total Monthly Price Total Monthly Price New
    Base Rent$2,650
    Required Monthly FeesNone
    Total Monthly Price$2,650

    23 Park St

    23 Park St, Salem, MA 01970
  13. Building Photo - 33 Harbor St
    3 BEDS, 1 BATH
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800

    33 Harbor St Unit 1R

    33 Harbor St, Salem, MA 01970
  14. Building Photo - 20 Central St
    2 BEDS, 2 BATHS
    $3,100
    Total Monthly Price Total Monthly Price New
    Base Rent$3,100
    Required Monthly FeesNone
    Total Monthly Price$3,100

    20 Central St Unit 404

    20 Central St, Salem, MA 01970

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Salem at a Glance

Average Rent

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(All bedrooms and property types)
0

School Rating

out of 10 Rating
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Schools in Salem
38

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Salem
62

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Salem

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 15 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)

Getting Around Salem

Transportation

96

Walker’s Paradise

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.
62

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.
38

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

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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