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Salem, MA Townhomes for Rent

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  • 230 Lafayette St, Salem, MA 01970
    230 Lafayette St, Salem, MA 01970
    230 Lafayette St, Salem, MA 01970
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    $4,500

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,211 Sq Ft
    • Townhouse for Rent

    230 Lafayette St, Salem, MA 01970

    KEY FEATURES:!! Entire 3 level townhouse!! Shared backyard with grill and dining area!! Fully equipped kitchen!! Washer and dryer!! Hi-speed WiFi!! Drip coffee maker with complimentary coffee!! Off street parking space!! 2 Smart TVs!! 10 minute walk to all of Salem’s downtown attractions and Haunted Happenings!! 3 bedrooms/2.5 bathroomsLearn more

    230 Lafayette St, Salem, MA 01970
  • 50-1 Barr St, Salem, MA 01970
    50-1 Barr St, Salem, MA 01970
    50-1 Barr St, Salem, MA 01970
    /20

    $2,800

    Total Monthly Price

    • 1 Bed
    • 1.5 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    50-1 Barr St, Salem, MA 01970

    Short term rental. Fully furnished and updated 1 bedroom. 1.5 bath, two level town home.Conveniently located in North Salem just minutes from downtown yet easy access to highways. Near multiple Hospitals & commercial centers (North shore Mall, Liberty Tree Mall, etc.). High ceilings through out. 1st Floor: Huge open kitchen with new granite countertops and a gas fireplace!

    50-1 Barr St, Salem, MA 01970
  • 16 Cherry St, Salem, MA 01970
    16 Cherry St, Salem, MA 01970
    16 Cherry St, Salem, MA 01970
    /23

    $4,000 Plus Fees

    • 5 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • Townhouse for Rent

    16 Cherry St, Salem, MA 01970

    Welcome to **16 Cherry St, Salem**! This spacious two-level townhouse offers **5 oversized bedrooms and 2 full bathrooms**, providing plenty of room for comfortable living. Featuring **beautiful hardwood floors throughout**, this home combines classic charm with generous living space. Conveniently located in a **prime Salem location**, you'll enjoy easy access to shopping, dining, public

    16 Cherry St, Salem, MA 01970
  • 11 Goodhue St, Salem, MA 01970
    11 Goodhue St, Salem, MA 01970
    11 Goodhue St, Salem, MA 01970
    /22

    $3,125

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,238 Sq Ft
    • Townhouse for Rent

    11 Goodhue St, Salem, MA 01970

    Amenities•Free Fitness Center •Community Room •1-car private parking garage and additional on-site parking available•Pet-Friendly* •1 Mile to Commuter Rail & Salem's Shops and Restaurants•Electronic Access Card Reader (FOB System) •Resident Online Portal Eco-Friendly Housing •95% Efficient Gas-Fired Hydro-air Heating System •LED Recessed Lighting

    11 Goodhue St, Salem, MA 01970
Massachusetts Essex County

Townhomes for Rent in Salem, MA

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 $3,750 per month, though prices vary by neighborhood, size, and property type. As of August 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 $103,880 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 $2,597 per month in Salem, MA, renters typically need to show $7,791 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 18.6, 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.

Townhouse Rental Trends in Salem, MA

There are currently 4 townhouses available for rent in Salem, MA. The median rent is $3,750 per month, with 2-bedroom townhouses renting at $3,550, 3-bedroom townhouses at $3,800 and 4-bedroom townhouses at $3,750.

Rental Home Trends

Number of Townhouses for Rent
4
Median Townhouse Rent
$3,750
Median 2 Bedroom Townhouse Rent
$3,550
Median 3 Bedroom Townhouse Rent
$3,800
Median 4 Bedroom Townhouse Rent
$3,750
How to Rent a Home

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