3

Salem, MA Houses for Rent

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  • /6

    $1,499 Plus Fees

    • 1 Bed
    • 1 Bath
    • House for Rent

    37 Osborne Hill Dr, Salem, MA 01970

    Property Id: 1662715 Hi all, My name is Nita. I am a high school teacher and the landlord of this room rental. The house is conveniently located near Salem, Lynn, Swampscott, Peabody, and Saugus. Rent: $1,499/month; Deposit: $1,499 due at move-in. All utilities are included. Please feel free to text me at (preferred) or email: if you have any questions. I look forward to giving you a

    37 Osborne Hill Dr, Salem, MA 01970
  • /20

    $1,750 Per Month

    • 1 Bed
    • 1 Bath
    • 1,556 Sq Ft
    • House for Rent

    40 Winthrop St Unit Room in a house, Salem, MA 01970

    AVAILABLE October 27th 2026. Fully furnished Room in a house for rent. Electricity, heat, hot water, high speed wireless, central, air cable TV, laundry in unit and gas all INCLUDED in rental price. One bedroom with private ensuite full bathroom. Bedroom has walk in closet. The private bedroom/private bath is in a three bedroom luxury condo in quiet neighborhood walk to downtown Salem and

    40 Winthrop St Unit Room in a house, Salem, MA 01970
  • /25

    $3,300 Per Month

    • 2 Beds
    • 1 Bath
    • 1,168 Sq Ft
    • House for Rent

    44 Mount Vernon St, Peabody, MA 01960

    Charming two-bedroom, one-bath farmhouse style home in central location. Hardwood floors and period details throughout. Mudroom area functions as great space for a home office (unheated). Full basement which houses laundry and used for storage. Large fenced in yard with patio- a gardener's delight. Off-street parking for two or more cars. Within close proximity to parks, shopping, restaurants and

    Kristin King Coldwell Banker Realty - Marblehead

    44 Mount Vernon St, Peabody, MA 01960

Frequently Asked Questions

How much does it cost to rent a single-family home in Salem, MA?
The median rent for a single-family home in Salem, MA is $3,425 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Salem, MA?
To comfortably afford the median rent in Salem, MA, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Salem, MA, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Salem, MA?
In Salem, MA, the price-to-rent ratio is 19.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$3,425
Median 3 Bedroom Single Family Home Rent
$3,950
Median 5 Bedroom Single Family Home Rent
$3,700
How to Rent a Home