
Cheap Homes for Rent in Salem, MO from $300 (9 Rentals)
Cheap Homes in Salem.


1383 Parkway Dr

106 E Monroe Ave

809 State Hwy Z
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

16470 Cave Rd

110 Fleetwood Dr

106 Fleetwood Dr

19488 Lannigan Rd
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.

23377 Riptide Dr
Salem, MO 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 | $879 | $399 | $1,250 |
Salem 3 Bedroom Homes for Rent | $1,321 | $390 | $1,895 |
Salem 4 Bedroom Homes for Rent | $1,666 | $1,500 | $1,900 |
Browse Top Homes for Rent in Salem
Explore Salem
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 |
Best Value Apartments for Rent in Salem, MO and Nearby
As of May 09, 2025 the best value apartment in the Salem area is the $0.85 price per square foot 3 Bedroom Model at Oak Point Townhomes in the starting from $1,025. The second greatest value Salem apartment is the 3A Model at Walden Pond starting at $1,100 with a $1.02 price per square foot in the Murphy 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. |
---|---|---|---|
Oak Point Townhomes | 3 Bedroom | 3BR,2BA | $0.85 |
Walden Pond | 3A | 3BR,2BA | $1.02 |
Liberty Pointe Apartments | 2 BR | 2BR,1BA | $1.02 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.87 |
Pine View | 2beds and 1bath | 2BR,1BA | $0.94 |
Arbor Ridge Apartments | Deluxe 2 Bedroom Apartment Home | 2BR,1BA | $1.25 |
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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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 54 Apartments for Rent in Salem, MO with pricing that ranges from $400 to $1,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $390 to $1,900.
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 $390 to $1,900 with an average monthly rent of $1,061.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.