Bedroom count

Property type

Last updated on March 18, 2026

Average rent in
Federal Street, Salem, MA

Last updated on March 18, 2026

Last updated on March 18, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Federal Street, Salem, MA is $2,495. This is +31%, or $594, higher than the national average.

$3.49

average price per square foot

Median rent

$2,495

As of March 2026, we do not have enough inventory to generate median rent for all bedroom counts and property types in Federal Street, Salem, MA. Please check back soon.

Total rentals

14

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Federal Street, Salem, MA is $2,495. This is +31%, or $594, higher than the national average.

$3.49

average price per square foot

Rent ranges

7%
73%
20%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500

Households

69%
31%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Federal Street, Salem, MA, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Federal Street, Salem, MA

Rent price trends

Rent prices for all bedroom counts and property types in Federal Street, Salem, MA have remained the same in the last month.

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

Rent comparables in
Federal Street, Salem, MA

The monthly rent for an apartment in Federal Street, Salem, MA is $2,500. A 1-bedroom apartment in Federal Street, Salem, MA costs about $2,263 on average, while a 2-bedroom apartment is $3,200. Houses for rent in Federal Street, Salem, MA are more expensive, with an average monthly cost of $3,500.

Comparables

1 bedroom

$2,288

5%

-

2 bedroom

$2,759

14%

-

3 bedroom

$3,000

-

-

4 bedroom

$3,500

-

-

Studio

$1,750

No Change

-

Studio

Average rent

$1,750

1 bedroom

Average rent

$2,288

Last 30 days

5%

2 bedroom

Average rent

$2,759

Last 30 days

14%

3 bedroom

Average rent

$3,000

4 bedroom

Average rent

$3,500

The table above reflects average rent prices in Federal Street, 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 Federal Street, Salem, MA to other neighborhoods

Median rent prices in Federal Street, Salem, MA for all bedroom counts and property types compared to Horace Mann, Melrose, MA.

Federal Street

Median rent price$2,495
increased by31%

higher than the national median

Median rent price$2,842
increased by50%

higher than the national median

Takeaway

The median rent for all rentals in Federal Street, Salem, MA is 12% lower than the median rent in Horace Mann, Melrose, MA.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Horace Mann

$2,842

increased by32%

Last year

South Peabody

$2,800

decreased by6%

Last year

West Peabody

$3,075

N/A

Last year

North Salem

$2,829

decreased by2%

Last year

Salem Neck

$2,700

decreased by52%

Last year

Lynnhurst

$2,580

decreased by42%

Last year

Apartments for rent in Boston

Discover rentals in Federal Street, Salem, MA

6 Monroe St Unit 315 #315 - Photo 1 of 1

5d+ ago

Federal Street apartment for rent in Salem

APARTMENT - Salem, MA

6 Monroe St Unit 315 #315, Salem, MA 01970

Studio

1 bath

$2,000

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent

6 Monroe St Unit 102 #102 - Photo 1 of 1

5d+ ago

Federal Street apartment for rent in Salem

APARTMENT - Salem, MA

6 Monroe St Unit 102 #102, Salem, MA 01970

Studio

1 bath

$2,000

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent

386 Essex St - Photo 1 of 1

5d+ ago

Federal Street apartment for rent in Salem

2 beds

1 bath

$3,200

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent