Lore
266 Canal St,
Salem, MA 01970
$2,220 - $3,665 Total Monthly Price
Studio - 2 Beds
Salem State University has been a fixture of the Boston-area academic community since first opening its doors as a teachers’ college in 1854. Spread across five campuses around Salem, the university serves around 10,000 students and is one of the largest colleges in Massachusetts. The main campus sits about a mile south of Downtown Salem, surrounded by residential neighborhoods and just a few blocks inland from Salem Harbor.
The city itself is deeply embedded in American history and pop culture, largely in relation to the infamous witch trials of the 17th century. Tourism is big, and many local restaurants, bars, and other attractions play on the community’s popular image. However, the city is also a shining example of New England charm, and the abundance of quirky local hangouts like Ugly Mug Diner and Gulu-Gulu Café make it far more than just a theme park.
When you want a change of scenery, Boston is only 45 minutes away by car, and MBTA rail service makes it easy to get around the area without a personal vehicle.
As of October 2025, the average apartment rent in Salem, MA is $1,636 for a studio, $2,153 for one bedroom, $2,635 for two bedrooms, and $3,064 for three bedrooms. Apartment rent in Salem has increased by 0.7% in the past year.
Studio
371 sq ft
Average Sq Ft
$1,636/month
Average Rent
1 BR
700 sq ft
Average Sq Ft
$2,153/month
Average Rent
2 BR
1,016 sq ft
Average Sq Ft
$2,635/month
Average Rent
3 BR
1,208 sq ft
Average Sq Ft
$3,064/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
374 Students
Witchcraft Heights Elementary School
Public
Grades K-5
455 Students
Public
Grades K-8
397 Students
Public
Grades K-5
246 Students
Public
Grades PK-5
297 Students
Public
Grades K-8
397 Students
Public
Grades 6-8
612 Students
Public
Grades K-8
378 Students
Public
Grades 9-12
888 Students
Salem - New Liberty Innovation School
Public
Grades 9-12
56 Students
Public
Grades 9-12
14 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.