Studio Apartment Rent in Salem, NH
Median asking rent for a studio apartment in Salem, New Hampshire as of August 2026. That's +50% lower than the citywide median of $2,621 and +2% above the national studio median of $1,290.
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.
Rent by apartment size in Salem
Compare Salem's median rent across every apartment size.
Cheapest cities for a studio in New Hampshire
| # | City | Studio rent |
|---|---|---|
| 1 | Claremont | $920 |
| 2 | Laconia | $990 |
| 3 | Keene | $1,100 |
| 4 | Concord | $1,160 |
| 5 | Derry | $1,250 |
| 6 | Salem (this page) | $1,320 |
| 7 | Farmington | $1,340 |
| 8 | Rochester | $1,340 |
| 9 | Somersworth | $1,360 |
| 10 | Dover | $1,370 |
| 11 | Hooksett | $1,400 |
| 12 | Manchester | $1,415 |
| 13 | Nashua | $1,440 |
| 14 | Lebanon | $1,480 |
| 15 | Newmarket | $1,560 |
Most expensive cities for a studio in New Hampshire
| # | City | Studio rent |
|---|---|---|
| 1 | Bedford | $1,950 |
| 2 | Merrimack | $1,670 |
| 3 | Portsmouth | $1,620 |
| 4 | Hampton | $1,590 |
| 5 | Newmarket | $1,560 |
| 6 | Lebanon | $1,480 |
| 7 | Nashua | $1,440 |
| 8 | Manchester | $1,415 |
| 9 | Hooksett | $1,400 |
| 10 | Dover | $1,370 |
| 11 | Somersworth | $1,360 |
| 12 | Rochester | $1,340 |
| 13 | Farmington | $1,340 |
| 14 | Salem (this page) | $1,320 |
| 15 | Derry | $1,250 |
Nearby cities — studio rent
Considering nearby alternatives? 1 of these cities have cheaper studio rents than Salem.
| City | Distance | Studio rent | vs Salem |
|---|---|---|---|
| Methuen, MA | 4.3 mi | $1,360 | +$40 (+3%) |
| Derry, NH | 8.1 mi | $1,250 | $-70 (-5%) |
| Dracut, MA | 9.3 mi | $1,520 | +$200 (+15%) |
| Andover, MA | 10.5 mi | $1,770 | +$450 (+34%) |
| Tewksbury, MA | 12.2 mi | $2,230 | +$910 (+69%) |
| Lowell, MA | 12.2 mi | $1,408 | +$88 (+7%) |
| Billerica, MA | 15.9 mi | $1,840 | +$520 (+39%) |
| Wilmington, MA | 15.9 mi | $2,690 | +$1,370 (+104%) |
| Chelmsford, MA | 16 mi | $1,735 | +$415 (+31%) |
| Burlington, MA | 19.7 mi | $2,580 | +$1,260 (+95%) |
| Bedford, MA | 20.4 mi | $2,580 | +$1,260 (+95%) |
| Merrimack, NH | 21 mi | $1,670 | +$350 (+27%) |
Studio rent in Salem — common questions
How much is a studio apartment in Salem?
As of August 2026, the median studio apartment rent in Salem, New Hampshire is $1,320 per month. This is +50% below the citywide median of $2,621.
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 19 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).