Average Rent in Downtown Salem, Salem, MA and Rent Price Trends

Rent price trends in
Downtown Salem, Salem, MA

Rent price trends

Rent prices for all bedroom counts and property types in Downtown Salem, Salem, MA have remained the same in the last month and have decreased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Downtown Salem, Salem, MA
The monthly rent for an apartment in Downtown Salem, Salem, MA is $2,750. A 1-bedroom apartment in Downtown Salem, Salem, MA costs about $2,100 on average, while a 2-bedroom apartment is $2,800. Houses for rent in Downtown Salem, Salem, MA are cheaper, with an average monthly cost of $2,375.


1 bedroom	$2,100	8%	5%
2 bedroom	$2,700	2%	1%
3 bedroom	$2,997	12%	-
Studio	$1,625	No Change	-

		Comparables
Downtown Everett	$2,972
Federal Street	$2,520
North Salem	$2,500
Peabody Town Center	$2,745
Salem Neck	$2,449
West Revere	$2,674


Apartments	$2,750	1%	No Change
Condos	$2,600	4%	No Change
Houses	$2,375	No Change	-

Studio

Average rent

$1,625

1 bedroom

Average rent

$2,100

Last 30 days

Last year

2 bedroom

Average rent

$2,700

Last 30 days

Last year

3 bedroom

Average rent

$2,997

Last 30 days

12%

The table above reflects average rent prices in Downtown Salem, Salem, MA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Downtown Salem, Salem, MA to other neighborhoods

Median rent prices in Downtown Salem, Salem, MA for all bedroom counts and property types compared to Downtown Everett, Everett, MA.

Downtown Salem

Median rent price$2,500

28%

higher than the national median

Median rent price$2,972

52%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Salem, Salem, MA is 16% lower than the median rent in Downtown Everett, Everett, MA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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