Cheap Apartments for Rent in Salem, NJ from $500 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Salem.

Showing Results 1-18, Page 1 of 1

Salem, NJ Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, NJ is a 1 Bed unit found at Applegate Apartments in the Penns Beach neighborhood priced from $1,150. Cavalier Country Club Apartments in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Applegate ApartmentsOne Bedroom1BR,1BA$1,150
Cavalier Country Club Apartments1BD Executive1BR,1BA$1,220
Village of Canterbury Apartment HomesOne Bedroom Deluxe1BR,1BA$1,240
William Penn Village Apartment HomesStudio - 280 sqftStudio,1BA$1,270
Castlebrook Apartments1 Bed | 1 Bath1BR,1BA$1,281

Best Value Apartments for Rent in Salem, NJ and Nearby

As of April 04, 2025 the best value apartment in the Salem area is the $1.90 price per square foot 3 Bed | 1.5 Bath Model at Castlebrook Apartments in the starting from $2,280. The second greatest value Salem apartment is the 1 Bedroom Deluxe Model at The Helm starting at $2,005 with a $1.72 price per square foot in the Penns Beach neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Castlebrook Apartments3 Bed | 1.5 Bath3BR,1.5BA$1.90
The Helm1 Bedroom Deluxe1BR,1.5BA$1.72
Deemer's Landing Apartment HomesWindjammer2BR,2BA$1.77
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.60
The Garrison1 BEDROOM1BR,1BA$1.57
The Villas Apartments2BR2BR,2BA$1.71
The Landing at Carneys Point2/12BR,1BA$1.75
Galloway Court Apartment HomesOne Bedroom1BR,1BA$1.68
Cavalier Country Club Apartments1BD Executive1BR,1BA$1.67
Applegate ApartmentsOne Bedroom1BR,1BA$1.64

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Salem, NJ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salem, NJ Rentals by Map

Decorative image of map

See the most popular apartments and homes in Salem, NJ

View MapSalem, NJ Apartments MapView MapSalem, NJ Rental Homes Map

Getting Around Salem, NJ

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 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

What is the Cheapest Studio apartment in Salem?

Currently the most affordable Cheap Studio Apartment in Salem is at William Penn Village Apartment Homes listed at $1,270.

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $1,150 at Applegate Apartments.

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 $1,390 at Castlebrook Apartments.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Cavalier Country Club Apartments and starts from $1,570.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.