How many apartments are available in Marblehead Neck on Rentable.co?

Rentable.co has over 1 apartment available near Marblehead Neck.

How many apartments are available in Salem, MA on Rentable.co?

Rentable.co has over 984 apartments available in Salem.

What is the average rent for a studio apartment in Salem, MA?

The average rent for a <a href='/salem-ma/studio-apartments-for-rent' >studio apartment</a> in Salem is around $1,300 per month.

What is the average rent for a one-bedroom apartment in Salem, MA?

The average rent for a <a href='/salem-ma/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Salem is around $2,190 per month.

What is the average rent for a two-bedroom apartment in Salem, MA?

The average rent for a <a href='/salem-ma/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Salem is around $2,850 per month.

How expensive is it to rent an apartment in Salem, MA?

For a two-bedroom apartment in Salem, the average rent price is $2,850 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Salem, MA?

Based on average rent prices in Salem, to afford a <a href='/salem-ma/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $52,000 to live comfortably.

Apartments in Marblehead Neck Salem

Salem:
March Rent Report

Welcome to the March 2025 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for the Salem rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Salem and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Salem average rent prices in the chart below.

Monthly Rent Report

$2,650

$1,990

$1,330

$660

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

1 BR 2 BR

Salem Rent Prices Decrease From February to March

Salem rent prices decreased over the last month. From February to March, the city experienced a -1.58% decrease for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $2,058.0.

When we take a look at the two-bedroom comparison from February to March, Salem experienced a 0.04% increase for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $2,577.0.

March Prices: Salem vs. Surrounding Areas

Rent Prices in Salem and Surrounding Areas

Rent prices have decreased in Salem over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Salem suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Salem suburbs
Rents did not decrease in any of the Salem suburbs.

March 2025 Pricing Trends: Salem vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,076

$3,129

$2,387

$2,328

$1,905

$1,262

$1,247

$1,197

$1,350

$2,700

$4,050

$5,400

Median Rent

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Salem average rent prices appear to be relatively affordable for local residents.

The price for a Salem one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Salem and surrounding area rent prices, take a look at the complete data set below.

Data set for Salem and suburbs

	1 BR March	1 BR M/M % Change	2 BR March	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.