
Cheap Homes for Rent in Salem, IL from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


909 Fairland St

2053 Davisville Rd

412 W Reed St

1208 W Johnson St

507 S Elm St

202 E Coal St

817 N Main St

717 White Oak Dr

205 Vaux St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

124 Carson Dr

206 E North St
Salem, IL 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 | $900 | $290 | $1,495 |
Salem 3 Bedroom Homes for Rent | $1,663 | $690 | $2,550 |
Salem 4 Bedroom Homes for Rent | $2,000 | $1,575 | $2,700 |
Salem 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, IL Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, IL is a 1 Bed unit found at Elmdale Apartments priced from $795. 215 anderson lane A in the Green Mount Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elmdale Apartments | 1 bed 1 bath | 1BR,1BA | $795 |
215 anderson lane A | 1 BR / 1 BA | 1BR,1BA | $825 |
Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Meadows at Shadow Ridge | 1BR/1BA | 1BR,1BA | $900 |
Green Door Apartments | Your Next Home + $100 Off Monthly Rent + 1 Mont... | 1BR,1BA | $900 |
Best Value Apartments for Rent in Salem, IL and Nearby
As of April 21, 2025 the best value apartment in the Salem area is the $1.03 price per square foot Unit 89 Model at Centralia Estates in the starting from $1,249. The second greatest value Salem apartment is the Renovated 2 Bedroom Model at Cantwell Crossing Apartments and Townhomes starting at $1,515 with a $1.28 price per square foot in the Sullivan Manors neighborhood. 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. |
---|---|---|---|
Centralia Estates | Unit 89 | 4BR,2BA | $1.03 |
Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.28 |
Brookside Manor | Two Bedroom | 2BR,1.5BA | $1.18 |
Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.04 |
215 anderson lane A | 2 BR / 1 BA | 2BR,1BA | $1.07 |
Parkview | 2x1 | 2BR,1BA | $1.03 |
Chesterfield Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.14 |
Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.14 |
Westmont Apartments | 2x1 | 2BR,1BA | $1.31 |
Green Door Apartments | Your Next Home + $100 Off Monthly Rent + 1 Mont... | 1BR,1BA | $1.29 |
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 47 Apartments for Rent in Salem, IL with pricing that ranges from $520 to $3,200. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $290 to $3,000.
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 $290 to $3,000 with an average monthly rent of $1,752.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $800 to $2,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $690 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,575 and Four Bedroom Apartments start at $1,249.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.