Riverwalk Lofts
250 Merrimack St,
Lawrence, MA 01843
1-2 Beds | $2,149 - $3,300
Rental Market Trends in Salem, NH
What is the average rent in Salem, NH?
$2,298/month
Average Rent
737 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of June 2025, the average rent in Salem, NH is $2,298 per month. This is 41% higher than the national average rent price of $1,627/month, making Salem one of the most expensive cities in the US. When you rent an apartment in Salem, you can expect to pay about $1,983 per month for a studio, $2,298 for a one-bedroom apartment, and around $2,715 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,801 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Salem, NH?
In the past year, rent has decreased by 0.3%, which averages out to $6 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Salem, NH
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
15%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
54%
Above $2,000/month
What salary do I need to live comfortably in Salem, NH?
Because the average rent in Salem is $2,298, you’ll want to make about $7,660 per month or $91,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Salem, NH compare to other nearby cities and neighborhoods?
Use the tool below to compare Salem, NH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Salem, NH
Willow Bridge
-
704
Communities
-
191,440
Units
-
328
Cities
2 Communities in Salem
The Dolben Company
-
60
Communities
-
14,237
Units
-
44
Cities
2 Communities in Salem
John M Corcoran & Co
-
51
Communities
-
10,340
Units
-
36
Cities
2 Communities in Salem
Panco Management Corporation
-
35
Communities
-
9,749
Units
-
30
Cities
2 Communities in Salem
AvalonBay
-
230
Communities
-
78,291
Units
-
150
Cities
1 Community in Salem
Winn Companies
-
131
Communities
-
28,336
Units
-
91
Cities
1 Community in Salem
The Wingate Companies
-
49
Communities
-
8,091
Units
-
35
Cities
1 Community in Salem
Priderock Capital Management
-
35
Communities
-
10,118
Units
-
28
Cities
1 Community in Salem
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Methodology
† 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 June 2025.
* Percentages may not total 100 due to rounding.