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 increased by 21% 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 $2,500. A 1-bedroom apartment in Downtown Salem, Salem, MA costs about $2,500 on average, while a 2-bedroom apartment is $3,050. Houses for rent in Downtown Salem, Salem, MA are more expensive, with an average monthly cost of $3,500.


1 bedroom	$1,895	No Change	6%
2 bedroom	$2,714	2%	23%
3 bedroom	$2,997	3%	-
4 bedroom	$3,350	-	-
Studio	$1,565	No Change	1%

		Comparables
Downtown Everett	$2,550
Federal Street	$2,199
North Salem	$2,675
Peabody Town Center	$2,500
Salem Neck	$2,699
West Revere	$2,595


Apartments	$2,500	1%	No Change
Condos	$2,725	4%	No Change
Houses	$3,500	No Change	No Change

Studio

Average rent

$1,565

Last year

1 bedroom

Average rent

$1,895

Last 30 days

No Change

Last year

2 bedroom

Average rent

$2,714

Last 30 days

Last year

23%

3 bedroom

Average rent

$2,997

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$2,550

34%

higher than the national median

Median rent price$2,550

34%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Salem, Salem, MA is equal to 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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