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Apartments for Rent in Salem, MA under $2400 – 23 Rentals available

Salem, MA Demographics

  • Total Population43,252
  • Female 19,614
    Male 23,638
  • Median Age37.1

Average Rent in Salem, MA

  • Salem, MA Average Rental Price, April 2021 $2,097 /mo

Salem, MA Apartment Rent Ranges

  • $1,501-$2,00060%
  • > $2,00040%

Salem, MA Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Apr / 2021
Salem, MA $1,938 $1,938 $1,996 $1,988 $2,077 $2,096 $2,098 $2,068 $2,091 $2,097
National $1,346 $1,355 $1,359 $1,356 $1,391 $1,398 $1,400 $1,390 $1,395 $1,407

Salem, MA Households

  • Total Number of Households18,437
  • Family 9,945
    Non-family 8,492
  • Children 4,049
    No Children 14,388
  • Average People Per Household2.25
  • Median Household Income$68,808
  • Median Housing Costs Per Month$1,472

Salem, MA Education Statistics

  • No High School4%
  • Some High School31%
  • Some College20%
  • Associate Degree6%
  • Bachelor Degree24%
  • Graduate Degree15%

Apartments in Salem, MA under $2,400

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $2,400?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 23 apartments for rent in Salem, MA on which you’ll spend less than $2,400. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $2,400

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $2,400. The average rental size in Salem, MA is 861 Sq.Ft., but the $2,400 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!