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Cheap Apartments for Rent in Waterfront District

26 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
  2. 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
  5. Building Photo - 8 Herbert St
    1 BED, 1 BATH
    $1,900
    Total Monthly Price Total Monthly Price New
    Base Rent$1,900
    Required Monthly FeesNone
    Total Monthly Price$1,900

    8 Herbert St Unit 2

    8 Herbert St, Salem, MA 01970
  6. Building Photo - 23 Park St
    2 BEDS, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950
         - 12 Month Lease

    23 Park St

    23 Park St, Salem, MA 01970
  7. 2 BEDS, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    23 Park St

    23 Park St, Salem, MA 01970
  8. Building Photo - 23 Park St
    2 BEDS, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    23 Park St

    23 Park St, Salem, MA 01970
  9. Building Photo - 97 MA-97
    2 BEDS, 1 BATH
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350
    Required Monthly FeesNone
    Total Monthly Price$2,350

    97 MA-97 Unit 2

    97 MA-97, Salem, MA 01970
  10. Building Photo - 57-59 Dow 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

    57-59 Dow St Unit 59-1

    57-59 Dow St, Salem, MA 01970
  11. 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 Briggs St Unit 1

    12 Briggs St, Salem, MA 01970
  12. 2 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600
    Required Monthly FeesNone
    Total Monthly Price$2,600

    4 Ropes St Unit 3

    4 Ropes St, Salem, MA 01970
  13. 3 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600
    Required Monthly FeesNone
    Total Monthly Price$2,600

    44 Park St Unit 3

    44 Park St, Salem, MA 01970
  15. Building Photo - 13 Becket St
    2 BEDS, 1 BATH
    $2,675
    Total Monthly Price Total Monthly Price New
    Base Rent$2,675
    Required Monthly FeesNone
    Total Monthly Price$2,675
         - 12 Month Lease

    13 Becket St Unit 2

    13 Becket St, Salem, MA 01970
    Apply
  18. Building Photo - 17 Central St
    2 BEDS, 2 BATHS
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800
         - 6 Month Lease

    17 Central St Unit 9

    17 Central St, Salem, MA 01970
    Apply
  19. 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
  20. Building Photo - 156 Derby St
    3 BEDS, 1 BATH
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000

    156 Derby St Unit 3

    156 Derby St, Salem, MA 01970
  21. Building Photo - 29 Harbor St
    3 BEDS, 2 BATHS
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000

    29 Harbor St

    29 Harbor St, Salem, MA 01970
  22. Building Photo - 29 Harbor St
    3 BEDS, 1 BATH
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000

    29 Harbor St

    29 Harbor St, Salem, MA 01970
  23. 2 BEDS, 2 BATHS
    $3,400
    Total Monthly Price Total Monthly Price New
    Base Rent$3,400
    Required Monthly FeesNone
    Total Monthly Price$3,400

    8 central street

    4 Central St, Salem, MA 01970
  24. Building Photo - 20 Central St
    2 BEDS, 2 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500

    20 Central St Unit 405

    20 Central St, Salem, MA 01970
  25. Building Photo - 29 Harbor St
    3 BEDS, 1 BATH
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500

    29 Harbor St

    29 Harbor St, Salem, MA 01970
  26. Building Photo - 217 Essex St
    2 BEDS, 2 BATHS
    $3,900
    Total Monthly Price Total Monthly Price New
    Base Rent$3,900
    Required Monthly FeesNone
    Total Monthly Price$3,900
         - 12 Month Lease

    217 Essex St Unit 305

    217 Essex St, Salem, MA 01970
  27. Building Photo - 125 Essex St
    4 BEDS, 2 BATHS
    $3,900
    Total Monthly Price Total Monthly Price New
    Base Rent$3,900
    Required Monthly FeesNone
    Total Monthly Price$3,900

    125 Essex St Unit 2

    125 Essex St, Salem, MA 01970
  28. 2 BEDS, 2 BATHS
    $3,900
    Total Monthly Price Total Monthly Price New
    Base Rent$3,900
    Required Monthly FeesNone
    Total Monthly Price$3,900

    217-221 Essex St Unit 305

    217-221 Essex St, Salem, MA 01970
  29. 4 BEDS, 3 BATHS
    $4,100
    Total Monthly Price Total Monthly Price New
    Base Rent$4,100
    Required Monthly FeesNone
    Total Monthly Price$4,100

    21 Emerton St Unit 2

    21 Emerton St, Salem, MA 01970

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Salem at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
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
Learn more about
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 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)

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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