959-B W Lakeshore Dr
BismarckMO63624
Cheap Homes for Rent in Salem, MO from $300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
1383 Parkway Dr
BismarckMO63624
106 E Monroe Ave
OwensvilleMO65066
2351 State Hwy 32
BixbyMO65439
301 W Washington Ave
OwensvilleMO65066
631 W Main St
BismarckMO63624
809 State Hwy Z
St. RobertMO65584
3869 CR 5640
Willow SpringsMO65793
17665 MO-21
PotosiMO63664
201 N Locust St
DixonMO65459
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.
106 Fleetwood Dr
WaynesvilleMO65583
506 N Missouri St
PotosiMO63664
19488 Lannigan Rd
WaynesvilleMO65583
23377 Riptide Dr
WaynesvilleMO65583
Showing Results 1-14, Page 1 of 1
Salem, MO Local Guide
Missouri BBQ! by Dave Herholz is licensed under CC BY 2.0
How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $699 | $399 | $1,050 |
| Salem 3 Bedroom Homes for Rent | $1,362 | $399 | $1,895 |
| Salem 4 Bedroom Homes for Rent | $1,516 | $950 | $1,900 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, MO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 April 25, 2025 the best value apartment in the Salem area is the $1.29 price per square foot B1 Model at Gravois Ridge Townhome Apartments in the in the Murphy neighborhood starting from $1,420. 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. |
|---|---|---|---|
| Gravois Ridge Townhome Apartments | B1 | 2BR,1.5BA | $1.29 |
| 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 |
| Arbor Ridge Apartments | Deluxe 2 Bedroom Apartment Home | 2BR,1BA | $1.25 |
| 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 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Salem area?
If you’re an expert on all things Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 53 Apartments for Rent in Salem, MO with pricing that ranges from $400 to $1,800. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $298 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 $298 to $1,900 with an average monthly rent of $978.
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.