Studio Rent · July 2026

Studio Apartment Rent in Salem, NH

$1,320/mo

Median asking rent for a studio apartment in Salem, New Hampshire as of July 2026. That's +49% lower than the citywide median of $2,591 and +2% above the national studio median of $1,290.

Studio median
$1,320
July 2026
vs city overall
-49%
$2,591 city median
vs national
+2%
$1,290 US median
New Hampshire rank
#6
of 18 cities

Income needed for a studio in Salem

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$52,800
Monthly gross
$4,400
Hourly (full-time)
$25.38

Rent by apartment size in Salem

Compare Salem's median rent across every apartment size.

Studio (current)
$1,320
1-Bedroom
$1,460
2-Bedroom
$1,920
3-Bedroom
$2,310
4+ Bedroom
$2,550

Cheapest cities for a studio in New Hampshire

#CityStudio rent
1Claremont$920
2Laconia$990
3Keene$1,100
4Concord$1,160
5Derry$1,250
6Salem (this page)$1,320
7Rochester$1,340
8Somersworth$1,360
9Dover$1,370
10Hooksett$1,400
11Manchester$1,415
12Nashua$1,440
13Lebanon$1,480
14Newmarket$1,560
15Hampton$1,590

Most expensive cities for a studio in New Hampshire

#CityStudio rent
1Bedford$1,950
2Merrimack$1,670
3Portsmouth$1,620
4Hampton$1,590
5Newmarket$1,560
6Lebanon$1,480
7Nashua$1,440
8Manchester$1,415
9Hooksett$1,400
10Dover$1,370
11Somersworth$1,360
12Rochester$1,340
13Salem (this page)$1,320
14Derry$1,250
15Concord$1,160

Nearby cities — studio rent

Considering nearby alternatives? 1 of these cities have cheaper studio rents than Salem.

CityDistanceStudio rentvs Salem
Methuen, MA4.3 mi$1,360+$40 (+3%)
Derry, NH8.1 mi$1,250$-70 (-5%)
Dracut, MA9.3 mi$1,520+$200 (+15%)
Andover, MA10.5 mi$1,770+$450 (+34%)
Tewksbury, MA12.2 mi$2,230+$910 (+69%)
Lowell, MA12.2 mi$1,408+$88 (+7%)
Billerica, MA15.9 mi$1,840+$520 (+39%)
Wilmington, MA15.9 mi$2,690+$1,370 (+104%)
Chelmsford, MA16 mi$1,735+$415 (+31%)
Burlington, MA19.7 mi$2,580+$1,260 (+95%)
Bedford, MA20.4 mi$2,580+$1,260 (+95%)
Merrimack, NH21 mi$1,670+$350 (+27%)

Studio rent in Salem — common questions

How much is a studio apartment in Salem?

As of July 2026, the median studio apartment rent in Salem, New Hampshire is $1,320 per month. This is +49% below the citywide median of $2,591.

What income do you need to afford a studio in Salem?

Using the standard 30% rent-to-income rule, you would need an annual income of about $52,800 ($4,400/month gross), which works out to roughly $25.38/hour at a full-time job.

Is Salem expensive for a studio compared to the rest of the US?

Salem's studio median of $1,320 is +2% above the national studio median of $1,290. It ranks in the 52th percentile of US cities tracked.

How does Salem rank for studio rent in New Hampshire?

Among the 18 cities in New Hampshire with studio data, Salem ranks #6 from cheapest to most expensive.

Are there cheaper studio options near Salem?

Yes — nearby cities with cheaper studio rents include Derry ($1,250).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Salem, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.