
Cheap Apartments for Rent in Salem, NJ from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


124 Yorke St

Salem Manor Apartments

228 Grant St

New Castle Crossing

River's Bend Apartments

The Willows at Bailey Corner

Applegate Apartments

Georgetown Manor Apartments

Cavalier Country Club Apartments

Waterside Village

Village of Canterbury Apartment Homes

The Landing at Carneys Point

Castlebrook Apartments

William Penn Village Apartment Homes

The Villas Apartments

8 Colesbery Dr

48 Augustine Pl

18 Valley Rd
Salem, NJ Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem Studio Apartments | $1,624 | $1,085 | $2,425 |
Salem 1 Bedroom Apartments | $1,714 | $1,044 | $3,310 |
Salem 2 Bedroom Apartments | $2,062 | $1,139 | $3,295 |
Salem 3 Bedroom Apartments | $2,848 | $1,570 | $3,500 |
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Salem, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Applegate Apartments | One Bedroom | 1BR,1BA | $1,150 |
Waterside Village | The Concord | 1BR,1BA | $1,195 |
Cavalier Country Club Apartments | 1BD Executive | 1BR,1BA | $1,220 |
Village of Canterbury Apartment Homes | One Bedroom Deluxe | 1BR,1BA | $1,240 |
The Landing at Carneys Point | 1/1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Helm | 1 Bedroom Deluxe | 1BR,1.5BA | $1.72 |
Christiana Reserve | Fenwick | 2BR,2BA | $1.35 |
Windsor Forest Townhomes | 2a. Two Bedroom One Bath | 2BR,1BA | $1.60 |
The Garrison | 1 BEDROOM | 1BR,1BA | $1.57 |
The Villas Apartments | 2BR | 2BR,2BA | $1.71 |
The Landing at Carneys Point | 2/1 | 2BR,1BA | $1.75 |
Galloway Court Apartment Homes | One Bedroom | 1BR,1BA | $1.68 |
Waterside Village | The Envoy | 2BR,1BA | $1.75 |
Cavalier Country Club Apartments | 1BD Executive | 1BR,1BA | $1.67 |
Applegate Apartments | One Bedroom | 1BR,1BA | $1.64 |
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Best Local Schools in Salem, NJ
Mannington Elementary School
Salem High School
Salem Middle School
School data provided by Great Schools
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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.

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.