Cheap Apartments for Rent in Salem, MO from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.

The Studios

Gravois Point Apartments

The Lodges at Rolla

809 State Hwy Z

3869 CR 5640

313 Station St

110 Fleetwood Dr

203 Esther St

108 Fleetwood Dr
Salem, MO Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem Studio Apartments | $650 | $650 | $650 |
Salem 1 Bedroom Apartments | $867 | $400 | $1,380 |
Salem 2 Bedroom Apartments | $1,164 | $500 | $1,880 |
Salem 3 Bedroom Apartments | $1,399 | $950 | $1,800 |
Salem 4 Bedroom Apartments | $1,795 | $1,795 | $1,795 |
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Salem, MO Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, MO is a 1 Bed unit found at The Lodges at Rolla priced from $650. Autumn Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Lodges at Rolla | Rent By The Room Spring/Fall 2025 | 1BR,1BA | $650 |
Autumn Creek | One Bed | 1BR,1BA | $650 |
990 S Lay Ave | 990 South Lay | 1BR,1BA | $680 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $706 |
Trails West Apartments | 1BR | 1BR,1BA | $725 |
Best Value Apartments for Rent in Salem, MO and Nearby
As of March 22, 2025 the best value apartment in the Salem area is the $1.02 price per square foot 3A Model at Walden Pond in the in the Murphy neighborhood starting from $1,100. The second greatest value Salem apartment is the Bedroom upstairs Model at Autumn Leaf Apartment Homes starting at $1,150 with a $1.12 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. |
---|---|---|---|
Walden Pond | 3A | 3BR,2BA | $1.02 |
Autumn Leaf Apartment Homes | Bedroom upstairs | 2BR,2BA | $1.12 |
Liberty Pointe Apartments | 2 BR | 2BR,1BA | $1.02 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.87 |
Arbor Ridge Apartments | Arbor Ridge - 2 Bedroom Apartment Home | 2BR,1BA | $1.19 |
Pine View | 2beds and 1bath | 2BR,1BA | $0.94 |
Camden Crest | One Bedroom | 1BR,1BA | $1.12 |
Liberty Landing Apartment Homes | One Bedroom | 1BR,1BA | $1.03 |
Trails West Apartments | 1BR | 1BR,1BA | $1.19 |
Autumn Creek | One Bed | 1BR,1BA | $1.09 |
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Best Local Schools in Salem, MO
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Getting Around Salem, MO
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
31 / 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 $650 at The Lodges at Rolla.
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 $750 at Pine View.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Walden Pond and starts from $1,350.
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.

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.

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.