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Apartments for Rent in Salem, MA

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What to Know About

Life in Salem & Beyond

Salem shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Salem, MA

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As of November 2026, Salem's rental market is balanced, with rentals spending about 37 days on the market, slower than in Massachusetts (32), and rents about flat over the past year. Salem's average rent is 12.9% ($418) lower than the Massachusetts average of $3,233 and 38.3% ($779) higher than the U.S. average of $2,036.

Average Rent
$2,815
Monthly ChangeMonth Over Month Change
Increased0.77% ($22)
Yearly ChangeYear Over Year Change
Increased0.2% ($7)
Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,491 Increased1.06% ($26) Increased0.8% ($21)
2 Beds $3,208 Increased0.24% ($8) Decreased0.3% ($9)
3 Beds $3,503 Decreased0.69% ($24) Decreased1.2% ($44)
Nearby Cities Average Rent Avg. Rent vs. SalemAverage Rent vs. Salem Days on Market
Marblehead $3,401 Increased20.8% ($586) 33 days
Peabody $2,765 Decreased1.8% ($50) 33 days
Swampscott $3,401 Increased20.8% ($586) 33 days
Beverly $2,633 Decreased6.5% ($182) 33 days
Lynn $2,301 Decreased18.3% ($514) 33 days
Based on rentals advertised on RentalSource in and around Salem.
Frequently Asked Questions
Salem Rental Market FAQs

Explore rental prices, market conditions, and affordability in Salem, MA.

The average rent in Salem, MA is $2,815 per month.
In Salem, the average rent is $2,491 per month for a 1-bedroom apartment, $3,208 for a 2-bedroom apartment and about $3,503 for a 3-bedroom apartment.
The average rent in Salem is 38.3% ($779) higher than the national average of $2,036 per month.
The rental market in Salem, MA is currently balanced, with rentals spending about 37 days on the market, slower than in Massachusetts (32), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of $128,300 to comfortably afford a 2-bedroom apartment in Salem.
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