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Salem, MA Houses for Rent

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  • 37 Osborne Hill Dr, Salem, MA 01970
    37 Osborne Hill Dr, Salem, MA 01970
    37 Osborne Hill Dr, Salem, MA 01970
    /6

    $1,499 Plus Fees

    • 1 Bed
    • 1 Bath
    • House for Rent

    37 Osborne Hill Dr, Salem, MA 01970

    Property Id: 1662715Hi 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

    37 Osborne Hill Dr, Salem, MA 01970
  • 55 Ropes St, Salem, MA 01970
    55 Ropes St, Salem, MA 01970
    55 Ropes St, Salem, MA 01970
    /11

    $2,795

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Beautiful 3 Bed with Parking in Salem

    55 Ropes St, Salem, MA 01970

    Now available—Renovated 3-bedroom apartment in the heart of downtown Salem! Located at 5A Ropes St, this spacious unit is just minutes from downtown, Pickering Wharf, Palmer Cove Park, and the Salem MBTA station for easy commuting to Boston. Enjoy historic charm in this professionally managed building with a private deck, modern updates, gas heat, and common laundry in the

    55 Ropes St, Salem, MA 01970
Massachusetts Essex County Salem

Houses for Rent in Salem, MA

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 $3,500 per month, though prices vary by neighborhood, size, and property type. As of June 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 $102,000 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 $2,550 per month in Salem, MA, renters typically need to show $7,650 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 18.9, 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 in Salem, MA

There are currently 2 single-family homes available for rent in Salem, MA. The median rent is $3,500 per month, with 3-bedroom houses renting at $3,650 and 4-bedroom houses at $3,800.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$3,500
Median 3 Bedroom Single Family Home Rent
$3,650
Median 4 Bedroom Single Family Home Rent
$3,800
How to Rent a Home

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