Last updated on October 20, 2026

Average rent in
Downtown Salem, Salem, MA

Median rent

Median rent in Downtown Salem

$2,247/mo

decreased by20%

vs previous year

The average rent in Downtown Salem is $2,247 per month as of October 2026. This is 18% above the national average rent, or $347 more per month.

$3.26

average price per square foot

Total rentals

Available rentals in Downtown Salem

20

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Downtown Salem rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Downtown Salem, Salem, MA

Average rent prices in Downtown Salem have decreased by 5% over the last month and have decreased by 20% since last year.

Rent trends

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

Compare rent prices in Downtown Salem, Salem, MA

Rent prices in Downtown Salem vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Salem is $2,425, whereas a house costs $2,425. 1-bedroom apartments in Downtown Salem run $2,295 on average, while 2-bedroom apartments are $2,750.

Listings

Studio

$1,925

22%

14%

1 bedroom

$1,900

2%

1%

2 bedroom

$2,662

8%

7%

3 bedroom

$3,000

11%

8%

4 bedroom

$3,500

-

-

Studio

Average rent

$1,925

Last 30 days

22%

Last year

14%

1 bedroom

Average rent

$1,900

Last 30 days

2%

Last year

1%

2 bedroom

Average rent

$2,662

Last 30 days

8%

Last year

7%

3 bedroom

Average rent

$3,000

Last 30 days

11%

Last year

8%

4 bedroom

Average rent

$3,500

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.

How does rent in Downtown Salem, Salem, MA compare to other neighborhoods?

Compare median rent prices in Downtown Salem and Downtown Everett by all bedroom counts and property types.

Downtown Salem

Median rent price$2,247
increased by18%

higher than the national median

Median rent price$2,750
increased by45%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Salem, Salem, MA is 18% lower than the median rent in Downtown Everett, Everett, MA.

Discover rentals in Downtown Salem, Salem, MA

116 Lafayette St #118 - Photo 1 of 1

22h ago

Downtown Salem house for rent in Salem

1 bed

5 baths

$1,250

The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
116 Lafayette St #206 - Photo 1 of 1

22h ago

Downtown Salem condo for rent in Salem

1 bed

5 baths

$1,250

The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
116 Lafayette St #103 - Photo 1 of 1

22h ago

Downtown Salem condo for rent in Salem

1 bed

5 baths

$1,250

The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
116 Lafayette St #303 - Photo 1 of 1

5d+ ago

Downtown Salem condo for rent in Salem

1 bed

5 baths

$1,250

The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Downtown Salem, Salem, MA

Quick answers to common questions about the Downtown Salem rental market.

How much is rent in Downtown Salem?

The average rent in Downtown Salem is $2,247 per month as of October 17, 2026.

Is rent up or down in Downtown Salem?

Average rent prices in Downtown Salem have decreased by 5% over the last month and have decreased by 20% since last year.

How does Downtown Salem rent compare to the national average?

Rent in Downtown Salem is 18% above the national average, which means renters are paying approximately $347 more per month.

What salary do I need to afford rent in Downtown Salem?

To comfortably afford rent in Downtown Salem, you'd need to earn approximately $90,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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