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Salem, MA Townhome for Rent

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    $3,000

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 2,118 Sq Ft
    • Townhouse for Rent

    26 Lions Ln, Salem, MA 01970

    Tranquil Setting is what you will get in this luxury end unit located at the Highland Condominiums. Private and Serene, encircled by forest 2 bed with loft, 2 ½ bath, 3 level townhouse will meet all your expectations and provide close-to-everything, worry-free lifestyle. 1st floor with 1/2 bath offers an open flr plan and boasts an updated kit, updated appl, and a newer heating system that will

    26 Lions Ln, Salem, MA 01970

Frequently Asked Questions

How much does it cost to rent a townhouse in Salem, MA?
The median rent for a townhouse in Salem, MA is $3,675 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

Number of Townhouses for Rent
1
Median Townhouse Rent
$3,675
Median 2 Bedroom Townhouse Rent
$3,500
Median 3 Bedroom Townhouse Rent
$3,800
Median 4 Bedroom Townhouse Rent
$3,750
How to Rent a Home