Cheap Apartments for Rent in Salem, MA
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Studio-2 Beds
1-2 BathsSalem Highlands | 84 Highland Ave,
Salem, MA 01970
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SPECIAL OFFERPET FRIENDLYTotal price$1,950 - $2,900/moStudio-2 Beds1-2 BathsGrove Street Landing | 64 Grove St,
Salem, MA 01970
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Average Rent Trends in Salem, MA
Rent in Salem, MA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,710 |
| Dec 2025 | $2,700 |
| Jan 2026 | $2,700 |
| Feb 2026 | $2,600 |
| Mar 2026 | $2,667 |
| Apr 2026 | $2,600 |
| May 2026 | $2,650 |
| Jun 2026 | $2,665 |
| Jul 2026 | $2,595 |
| Aug 2026 | $2,600 |
| Sep 2026 | $2,595 |
| Oct 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,150 | $2,563 | $2,900 | $3,400 | $2,500 |
| Townhomes | — | $2,700 | $3,433 | — | $3,433 |
| Apartments and Condos | $2,100 | $2,500 | $2,850 | $3,400 | $2,500 |
| Houses | — | $2,650 | $3,695 | — | $3,695 |
Frequently Asked Questions about Rentals in Salem, MA
- What is the average rent of an apartment in Salem, MA?The average rent of an apartment in Salem, MA is $2,394 per month. This is about 24% higher than the national average.
- What are the cheapest months to find an apartment to rent in Salem, MA?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,550 per month.
- How many cheap apartments are available in Salem, MA?There are 111 apartments to rent that are cheaper than the city’s average rent of $2,500.
- When is the average rent most expensive in Salem, MA?In the last year, the average rent in Salem, MA was highest in Jun 2025 when it was $2,813 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Salem, MA?The average rent of a 1 bedroom apartment in Salem, MA is $2,150 per month. That is about $250 more than the cost of a studio apartment.
- What are some neighborhoods in Salem, MA?Some neighborhoods in Salem, MA include: Mack Park, Federal Street.
- What are some zip codes in Salem, MA?
- What are some cities near Salem, MA?Some nearby cities include: Marblehead, Swampscott, Peabody, Lynn, Beverly. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Salem, MA - 288 Rentas | Trulia