Salem, MA Rental Market Trends
What is the average rent in Salem?
The average rent for an apartment in Salem is $2,688. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Salem, MA
| Average Rent | Average Apartment Size |
|---|---|
| $2,688 | 962 sq. ft. |
What is the average apartment size in Salem?
The average size for a Salem, MA apartment is 962 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Salem, MA apartment rent ranges
Salem, MA Occupied Housing Units
9,562 or 48% of the households in Salem, MA are renter-occupied while 10,183 or 52% are owner-occupied.
Salem, MA rent trends
How Salem Compares to Other Cities
| City | Average Rent |
|---|---|
| Boston | $3,758 |
| Fall River | $1,703 |
| Worcester | $1,724 |
| Cambridge | $3,477 |
| Somerville | $3,309 |
| Quincy | $2,613 |
| Lowell | $2,083 |
| New Bedford | $1,792 |
| Weymouth Town | $2,334 |
| Salem | $2,688 |
| Medford | $3,101 |
| Waltham | $2,951 |
| Beverly | $2,432 |
| Lynn | $2,088 |
| Malden | $2,530 |
| Newton | $3,381 |
| Lawrence | $1,952 |
| Chelsea | $2,614 |
| Haverhill | $2,111 |
| Woburn | $2,571 |
| Revere | $2,635 |
What is the average price for a storage unit in Salem?
The average rent for a non-climate-controlled 10'x10' storage unit in Salem is $211.8. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
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