
Cheap Homes for Rent in Salem, NE from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


1010 N Walnut St

912 N Walnut St

609 S Dewey St

1135 N College Dr

1145 N College Dr

523 W 8th St

517 W 8th St

1633 N Country Club Rd

222 Park Ave

1645 N Country Club Rd

517.5 W 8th St

519.5 W 7th St

517.5 W 7th St

524.5 W 8th St

2115 St Joseph Ave

519 W 7th St

1306 1st Ave
Salem, NE 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 | $884 | $650 | $1,425 |
Salem 3 Bedroom Homes for Rent | $1,414 | $1,200 | $2,100 |
Salem 4 Bedroom Homes for Rent | $2,012 | $1,250 | $2,500 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, NE Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, NE is a Studio unit found at Mitchell Park Plaza priced from $650. Nottingham Court Apartments in the Papillion La Vista neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $672. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mitchell Park Plaza | S1 - Standard Studio | Studio,1BA | $650 |
Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $672 |
HL29 Modern Flats | Studio | Studio,1BA | $725 |
1010 N 16th St | 1 bedroom unit | 1BR,1BA | $725 |
Kensington Park | Studio | Studio,1BA | $805 |
Best Value Apartments for Rent in Salem, NE and Nearby
As of March 22, 2025 the best value apartment in the Salem area is the $1.38 price per square foot TriCourt Courtyard Model at Lodge at Heritage Lakes in the in the Crown Pointe neighborhood starting from $1,825. The second greatest value Salem apartment is the Two Bedroom Two Bath Model at American Electric Lofts starting at $1,260 with a $1.11 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. |
---|---|---|---|
Lodge at Heritage Lakes | TriCourt Courtyard | 3BR,2BA | $1.38 |
American Electric Lofts | Two Bedroom Two Bath | 2BR,2BA | $1.11 |
The Ridge of St. Joseph | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.16 |
Ashbrook by Broadmoor | The Rimington | 2BR,2BA | $1.40 |
Forest Cove Apartments | 3x1 | 3BR,1BA | $0.88 |
Kensington Park | 6200 Building | 2BR,2BA | $1.14 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $1.12 |
Arbor View Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.23 |
Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
1010 N 16th St | 1 bedroom unit | 1BR,1BA | $1.29 |
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.
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 48 Apartments for Rent in Salem, NE with pricing that ranges from $640 to $2,279. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $535 to $2,500.
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 $535 to $2,500 with an average monthly rent of $1,271.
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.