
Cheap Homes for Rent in Salem, AR from $300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


1007 Walnut St

704 S Hill

1326 E 9th St

3869 CR 5640

1373 Private Rd 4010

414 Pierce St

410 Walker St

3008 Summer Hill Pl

206 N 2nd St

22 Aaron St
Salem, AR Local Guide

How much does it cost to rent a home in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem 2 Bedroom Homes for Rent | $881 | $350 | $1,600 |
Salem 3 Bedroom Homes for Rent | $1,311 | $500 | $1,950 |
Salem 4 Bedroom Homes for Rent | $1,548 | $350 | $2,500 |
Browse Top Homes for Rent in Salem
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Salem, AR Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, AR is a 1 Bed unit found at Breckenridge Apartments priced from $545. Park Lake in the Downtown Jonesboro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath with W/D Hookup | 1BR,1BA | $545 |
Park Lake | Standard | 1BR,1BA | $660 |
Gladiola Estates | Standard 1 Bedroom | 1BR,1BA | $660 |
Spring River Commons | Studio | Studio,1BA | $675 |
The Links at Jonesboro | Custom | 1BR,1BA | $715 |
Best Value Apartments for Rent in Salem, AR and Nearby
As of March 24, 2025 the best value apartment in the Salem area is the $0.67 price per square foot 1501 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Salem apartment is the 2 Bed 1.5 Bath - Malerie St Model at The Oak Townhomes starting at $750 with a $0.63 price per square foot . Here is today’s list of the best values for Salem apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2700 Burke Ave | 1501 | 2BR,1.5BA | $0.67 |
The Oak Townhomes | 2 Bed 1.5 Bath - Malerie St | 2BR,1.5BA | $0.63 |
DLP Jonesboro | B2P | 2BR,1BA | $1.02 |
Fox Run Apartments- Utilities Included! | THE HIDDEN GEM | 2BR,1BA | $1.01 |
Breckenridge Apartments | Breckenridge - 2 Bed 2 Bath with W/D Hookup | 2BR,2BA | $0.91 |
Sundance Townhomes | 2 Bed /1.5 Bath | 2BR,1.5BA | $1.15 |
Caraway Commons | One Bedroom | 1BR,1BA | $1.04 |
Courtyard @ The Corner | 2x1 TH Platinum | 2BR,1BA | $1.07 |
Tara Apartments | 2 brdroom | 2BR,1BA | $1.07 |
Grand Oak Place | 2x1 | 2BR,1BA | $1.08 |
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 38 Apartments for Rent in Salem, AR with pricing that ranges from $400 to $1,950. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $350 to $2,500.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $350 to $2,500 with an average monthly rent of $1,110.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.