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 increased by 7% in the last month and have increased by 32% 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 $2,645. A 1-bedroom apartment in Downtown Salem, Salem, MA costs about $2,000 on average, while a 2-bedroom apartment is $3,050. Houses for rent in Downtown Salem, Salem, MA are cheaper, with an average monthly cost of $1,695.


1 bedroom	$2,000	6%	3%
2 bedroom	$2,800	5%	2%
3 bedroom	$2,645	8%	-
4 bedroom	$3,350	-	-
Studio	$1,900	17%	-

		Comparables
Downtown Everett	$2,195
Federal Street	$2,395
North Salem	$2,645
Peabody Town Center	$2,500
Salem Neck	$2,347
West Revere	$2,600


Apartments	$2,645	1%	No Change
Condos	$2,700	13%	No Change
Houses	$1,695	No Change	No Change

Studio

Average rent

$1,900

Last 30 days

17%

1 bedroom

Average rent

$2,000

Last 30 days

Last year

2 bedroom

Average rent

$2,800

Last 30 days

Last year

3 bedroom

Average rent

$2,645

Last 30 days

4 bedroom

Average rent

$3,350

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$2,897

50%

higher than the national median

Median rent price$2,195

14%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Salem, Salem, MA is 32% higher 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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