Apartments for Rent in Salem, MA

Prices and availability in Salem, MA were last updated on 3 Oct 2026.

The best apartments in Salem, MA are: Lore, Hawthorne Commons, Bell North Shore, WW 282 Derby Street LLC (Residential) and 187 Lafayette Street.

The average rent in Salem, MA is $2,691.

The price range for a studio apartment in Salem, MA is between $1,900 and $4,939.

The price range for a 1-bedroom apartment in Salem, MA is between $1,000 and $15,000.

The price range for a 2-bedroom apartment in Salem, MA is between $1,900 and $10,208.

The price range for a 3-bedroom apartment in Salem, MA is between $2,760 and $7,869.

In Salem 50% of the housing is rented out compared to 50% of homes are owned, according to the most recent Census Bureau estimates. 18% of Salem's apartments are found in large buildings of 50 units or more, 79% are located in smaller apartment complexes with less than 50 units, and 3% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Salem are about 39 years old, on average. Of these, 43% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 54% of the rental communities here are low-rise, garden-style communities, 34% are mid-rises, and 24% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Salem are around 6% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.