Apartments in Salem

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Salem, MA
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How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
Studio $1,650 $1,000 - $1,900
1BR $2,140 $1,660 - $2,860
2BR $2,540 $2,380 - $2,900
3BR $2,920 $2,550 - $3,300
4+BR $3,200 $3,200 - $3,850

Find a Salem Apartment

Salem is a small city in Massachusetts. The city is home to roughly 41,000 people. The town has an unfortunate place in history as the site of the infamous Salem Witch Trials, where women were hanged after being accused of witchcraft in the late 17th century. However, the present day town is a scenic Massachusetts town that newcomers speak very highly of.

Although the history of the area has cast it in a certain negative light, the legends of Salem have also created a thriving tourist industry for the small city. Salem State University is also found here. This is a four-year university that has more than 9000 students all told, including undergraduate and graduates both full and part-time. The University also employs more than 750 individuals.

When to Search

The best time to look for an apartment in Salem is between January and February. There usually aren't that many people apartment hunting in northern cities at this time of year, so it is a great way to reduce the competition. If you look during these months, you might be the only person looking at a given apartment.

Staying in the Know

When you apply for an apartment in Salem, be up front with the landlord about why you are moving. If you are coming to town because you've got a new job or because you've been accepted to school, they already know you have a valid reason to come there. If you're moving within Salem, just let them know that you're moving out on your own, or give a good reason for changing your accommodations.

Life in Salem

Transportation

You shouldn't have any problem navigating the small city by foot. If you do need to make a lengthy commute on a regular basis, it is best to have a car. Salem is far enough north that it can get regularly strong winters, so if you're not used to winter driving be sure to take it slow. Winter tires are also strongly recommended.

Where to play

Salem is home to a number of historic sites that inform visitors about the town's history. There is even a Witch Museum, and a Witch Dungeon Museum. Just taking a walk around town will let you drink in some of the best architecture in the northeast. The city has also capitalized on its past infamy, and is now home to a number of fortune readers and magic-themed shops. The town is a lot of fun around Halloween, with events across town celebrating the haunted season.

Neighborhoods

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Salem:
February Rent Report

Welcome to the February 2026 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Salem rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Salem and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Salem average rent prices in the chart below.

Monthly Rent Report

$2,800
$2,100
$1,400
$700
$0
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Feb. 2026
1 BR       2 BR

Salem Rent Prices Decrease From January to February

Salem rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Salem experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $.

February Prices: Salem vs. Surrounding Areas

Rent Prices in Salem and Surrounding Areas

Rent prices have decreased in Salem over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Salem suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Salem suburbs

  • Rents did not decrease in any of the Salem suburbs.

February 2026 Pricing Trends: Salem vs. National Comparisons

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Salem average rent prices appear to be relatively affordable for local residents.

The price for a Salem one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Salem and surrounding area rent prices, take a look at the complete data set below.

Data set for Salem and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.