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Cheap Apartments for Rent in Salem, IN from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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Rent Specials
from $2001 Bedroom Apartments Available Now
Yellowwood Terrace Affordable Senior Housing
2100 Greentree NClarksville, IN 47129
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from $378Studio to 2 Bedroom Apartments Available Now
Brookview Glen
1810 Graybrook LnNew Albany, IN 47150
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Rent Specials
from $6501 to 3 Bedroom Apartments Available Now
Courtyard Apartments
1815 Greentree BlvdClarksville, IN 47129
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Showing Results 1-8, Page 1 of 1
Salem, IN Local Guide
Forest in Indiana by Kurt Beard is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $451 | $378 | $525 |
| Salem 1 Bedroom Apartments | $904 | $200 | $1,257 |
| Salem 2 Bedroom Apartments | $1,200 | $649 | $1,465 |
| Salem 3 Bedroom Apartments | $1,404 | $949 | $1,850 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, IN Local Guide
- Nearby Cities
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Brookview Glen in the Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $378. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $378 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $700 |
Best Value Apartments for Rent in Salem, IN and Nearby
As of January 08, 2025 the best value apartment in the Salem area is the $0.89 price per square foot Koehler Springs II Model at Koehler Springs in the in the Southern Indiana neighborhood starting from $1,200. The second greatest value Salem apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 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. |
|---|---|---|---|
| Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
| Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $0.94 |
| Academy Park Apartments | 2 bedroom 2 bath with connections | 2BR,2BA | $1.05 |
| Plaza Square Apartments | 2X2 | 2BR,2BA | $1.00 |
| Glenview Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.00 |
| Stone Creek Apartments I & II | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
| Brookview Glen | Studio | Studio ,1BA | $0.95 |
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Best Local Schools in Salem, IN
School data provided by Great Schools
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Salem, IN Apartments MapSalem, IN Rental Homes MapGetting Around Salem, IN
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Salem Apartments
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $765 at Courtyard Apartments.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Water's Edge and starts from $949.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.