Cheap Apartments for Rent in Salem, NJ from $500 (21 Rentals)

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

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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. Waterside Village in the Penns Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Applegate ApartmentsOne Bedroom1BR,1BA$1,150
Waterside VillageThe Concord1BR,1BA$1,195
Cavalier Country Club Apartments1BD Executive1BR,1BA$1,220
Village of Canterbury Apartment HomesOne Bedroom Deluxe1BR,1BA$1,240
The Landing at Carneys Point1/11BR,1BA$1,295

Best Value Apartments for Rent in Salem, NJ and Nearby

As of March 23, 2025 the best value apartment in the Salem area is the $1.72 price per square foot 1 Bedroom Deluxe Model at The Helm in the in the Penns Beach neighborhood starting from $2,005. The second greatest value Salem apartment is the Fenwick Model at Christiana Reserve starting at $1,459 with a $1.35 price per square foot in the Traditions at Christiana 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.
The Helm1 Bedroom Deluxe1BR,1.5BA$1.72
Christiana ReserveFenwick2BR,2BA$1.35
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
Waterside VillageThe Envoy2BR,1BA$1.75
Cavalier Country Club Apartments1BD Executive1BR,1BA$1.67
Applegate ApartmentsOne Bedroom1BR,1BA$1.64

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Best Local Schools in
Salem, NJ

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See the most popular apartments and homes in Salem, NJ

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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 $1,320.

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 $1,409 at Sophias Place East.

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.

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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.

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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.

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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.

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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.