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Rental Market Trends in Salem, NH

What is the average rent in Salem, NH?

$2,539/month

Average Rent

760 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of October 2025, the average rent in Salem, NH is $2,539 per month. This is 56% higher than the national average rent price of $1,630/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 $2,285 per month for a studio, $2,539 for a one-bedroom apartment, and around $2,868 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,161 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,285/month
538 Sq Ft
One Bedroom
$2,539/month
760 Sq Ft
Two Bedroom
$2,868/month
952 Sq Ft
Three Bedroom
$4,161/month
1,189 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,524/month
1,333 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,991/month
599 Sq Ft
Two Bedroom
$3,006/month
1,069 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,200/month
1,424 Sq Ft

How much has average rent changed in Salem, NH?

In the past year, rent has increased by 0.6%, which averages out to $16 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Salem, NH
Last Updated October 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Salem, NH
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
14% $1,001 - $1,500/month
14% $1,501 - $2,000/month
64% Above $2,000/month

What salary do I need to live comfortably in Salem, NH?

Because the average rent in Salem is $2,539, you’ll want to make about $8,463 per month or $101,556 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.

City

Salem, NH

576 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Salem, NH

Apartment Averages

Nearby City Rent Trends

  • Methuen Average Rent
  • Haverhill Average Rent
  • Derry Average Rent
  • Lawrence Average Rent

Apartment communities in Salem we think you'll love

Epicurean

Epicurean

22 Via Toscana,
Salem, NH 03079

$2,730 - $6,667

Studio - 3 Beds

Pacific Mill Lofts

Pacific Mill Lofts

300 Canal St,
Lawrence, MA 01840

$1,795 - $3,795 Plus Fees

Studio - 3 Beds

Riverwalk Lofts

Riverwalk Lofts

250 Merrimack St,
Lawrence, MA 01843

$2,149 - $3,100 Plus Fees

1-2 Beds | 12 Month Lease

The Point at Merrimack River

The Point at Merrimack River

30 Shattuck Rd,
Andover, MA 01810

$2,397 - $5,246 Plus Fees

1-3 Beds

Property Management Companies in Salem, NH

Willow Bridge
Willow Bridge
  • 704

    Communities

  • 191,888

    Units

  • 326

    Cities

2 Communities in Salem
The Dolben Company
The Dolben Company
  • 61

    Communities

  • 14,336

    Units

  • 45

    Cities

2 Communities in Salem
John M Corcoran & Co
John M Corcoran & Co
  • 55

    Communities

  • 11,003

    Units

  • 39

    Cities

2 Communities in Salem
Panco Management Corporation
Panco Management Corporation
  • 35

    Communities

  • 9,749

    Units

  • 30

    Cities

2 Communities in Salem
Bozzuto
Bozzuto
  • 396

    Communities

  • 121,299

    Units

  • 157

    Cities

1 Community in Salem
AvalonBay
AvalonBay
  • 233

    Communities

  • 79,033

    Units

  • 153

    Cities

1 Community in Salem
Winn Companies
Winn Companies
  • 167

    Communities

  • 33,859

    Units

  • 116

    Cities

1 Community in Salem
The Wingate Companies
The Wingate Companies
  • 47

    Communities

  • 7,915

    Units

  • 34

    Cities

1 Community in Salem

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United States New Hampshire Salem Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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