Salem / Beverly, MA · Boston metro
September 2026
01915,01960,01970
Long-term Rental Rates
Long-term rental rates for Salem / Beverly (01915,01960,01970), in the Boston metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,236 – $2,472 | 0.75% | 7.20% |
| 2-Bedroom | $2,722 – $3,039 | 1.29% | 7.05% |
| 3-Bedroom | $2,909 – $3,248 | -0.12% | 2.52% |
| 4-Bedroom | $3,191 – $3,541 | 0.63% | 5.17% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,139 – $2,248 | -3.32% | 0.42% |
| 2-Bedroom | $2,706 – $2,874 | 1.87% | 2.87% |
| 3-Bedroom | $3,185 – $3,430 | 5.57% | 5.69% |
| 4-Bedroom | $3,453 – $3,779 | -0.45% | 9.62% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,003 – $2,170 | 4.19% | 12.55% |
| 2-Bedroom | $2,614 – $2,832 | 1.31% | 9.82% |
| 3-Bedroom | $3,346 – $3,625 | -2.07% | 7.58% |
| 4-Bedroom | $3,707 – $4,097 | 3.11% | 10.74% |
In the Salem / Beverly (01915, 01960, 01970) rental market, 1-bedroom apartments decreased 3.3% month-over-month, settling at a median rent of $2,350 as of August 2026. This segment still registers a 5.8% annual increase, highlighting notable short-term volatility amid longer-term growth in Salem / Beverly (01915, 01960, 01970).
With rents reaching $3,643 after a 2.4% monthly rise, 4-bedroom condos in Salem / Beverly (01915, 01960, 01970) now command a $265 premium over 4-bedroom apartments’ $3,378 median. This illustrates stronger price momentum in larger condo segments relative to apartments of similar size.
Comparing year-over-year shifts, Salem / Beverly (01915, 01960, 01970) rental trends show 3-bedroom single-family homes posting the highest annual growth at 11.0%, with median rent reaching $3,567. This increase outpaces the YoY appreciation seen in apartments and condos within the same bedroom category.