130-4675 Kenwood Ave NE
SalemOR97301
Cheap Apartments for Rent in Salem, OR from $400 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
193 Rosewood Dr NW
SalemOR97304
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from $9952 Bedroom Apartments Available Jun 18
Cascade View Apartments
4157 Fisher Rd NESalem, OR 97305
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from $9951 Bedroom Apartment Available Now
3308 Hollywood Dr NE, Unit 3308
3308 Hollywood Dr NESalem, OR 97305
3027 D St NE
SalemOR97301
1653 Savage Rd NE
SalemOR97301
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from $1,0451 Bedroom Apartments Contact Us For Availability
6 Nineteen Apartments
1245 Chemeketa St NESalem, OR 97301
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from $1,099Studio to 3 Bedroom Apartments Available Now
Willamette Estates
3900 Santiam Pass WaySalem, OR 97305
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from $1,0951 to 2 Bedroom Apartments Available Now
1481 Tripp / Lee Apartments
1461-1491 Lee St SESalem, OR 97302
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from $1,0951 to 2 Bedroom Apartments Available Now
3441 3rd Ave
3441-3459 3rd Ave SESalem, OR 97302
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from $1,0951 to 2 Bedroom Apartments Available Now
Mallard Landing
4151 Market St NESalem, OR 97301
1455-1497-1497 Marion St NE
SalemOR97301
1810-1820-1820 Mill St SE
SalemOR97301
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from $1,1001 to 3 Bedroom Apartments Available Now
Somerset Apartments
2510-2560 Broadway St NESalem, OR 97301
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from $1,1001 to 2 Bedroom Apartments Available Now
Crown Ridge Apartments
1505-1545 Brush College Rd NWSalem, OR 97304
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from $1,1001 to 2 Bedroom Apartments Available Now
Oak Manor Apartments
2310 Northgate Ave NESalem, OR 97301
958 Gaines St NE
SalemOR97301
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from $1,1001 Bedroom Apartment Available Now
958 Gaines St NE, Unit 958
958 Gaines St NESalem, OR 97301
610 Commercial St SE
SalemOR97301
4553-4581-4581 Lancaster Dr NE
SalemOR97305
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Salem, OR Local Guide
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Salem Studio Apartments | $1,315 | $850 | $1,615 |
| Cheap Salem 1 Bedroom Apartments | $1,387 | $995 | $2,085 |
| Cheap Salem 2 Bedroom Apartments | $1,581 | $995 | $3,100 |
| Cheap Salem 3 Bedroom Apartments | $2,111 | $1,450 | $10,000+ |
| Cheap Salem 4 Bedroom Apartments | $2,546 | $2,495 | $2,650 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, OR Local Guide
Written By:
Staff Writer Local Guide Expert
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, OR
Pricing Updated: 04/10/2025Current apartment rentals in the Salem, OR area range in price from $950 to $17,650 with an overall median price of $2,211. The three Salem neighborhoods with the lowest median rent pricing are Northeast Salem at $1,000, Northeast Neighbors at $950, and South Gateway at $1,030. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Northeast Salem | $1,495 | $1,000 | 20 |
| Northeast Neighbors | $1,637 | $950 | 52 |
| South Gateway | $1,700 | $1,030 | 23 |
| Keizer | $1,795 | $950 | 87 |
| Northgate | $1,795 | $950 | 101 |
| Southeast Mill Creek | $1,795 | $1,050 | 29 |
| Four Corners | $1,834 | $1,000 | 49 |
| East Lancaster | $1,850 | $995 | 61 |
| NOLA | $1,850 | $995 | 48 |
| Hayesville | $1,895 | $995 | 131 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, OR is a Studio unit found at Madison Court Apartments in the Central Area neighborhood priced from $950. Riverbend Terrace Apartments in the West Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| Riverbend Terrace Apartments | Studio | Studio,1BA | $990 |
| 192-Western Village Apartments | 1x1 Upstairs | 1BR,1BA | $995 |
| 046-Lancaster Court | 1x1 | 1BR,1BA | $1,025 |
| Royvonne Hills Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,030 |
| Peace Street | 1 Bedroom | 1BR,1BA | $1,050 |
| Willamette Estates | Tumalo | Studio,1BA | $1,088 |
| Fountain Court | 1/1 | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Salem, OR
As of April 10, 2025 the best value apartment in the Salem area is the $1.27 price per square foot 2 Bedroom 2 Bathroom Model at WALLACE PARK APARTMENTS (03) in the in the West Salem neighborhood starting from $1,395. The second greatest value Salem apartment is the Washer/Dryer Hookup Model at Southside Apartments starting at $1,425 with a $1.36 price per square foot in the Southeast Mill Creek 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. |
|---|---|---|---|
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.27 |
| Southside Apartments | Washer/Dryer Hookup | 2BR,1.5BA | $1.36 |
| Z_Campus Court Apartments | 3 Bedroom 1 Bath | 3BR,1BA | $1.28 |
| Grand Oaks Apartments | 2x1 without washer dryer hookup | 2BR,1BA | $1.25 |
| Battle Creek Lodge Apartments | 2 BEDROOM | 2BR,1BA | $1.30 |
| North Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.32 |
| RIVER VALLEY TERRACE | 2BR/2.0BA | 2BR,2BA | $1.34 |
| Brooktree Apartments | 2BR 1 Bath | 2BR,1BA | $1.35 |
| Amber Park Apartments | 2x2 | 2BR,2BA | $1.36 |
| 451 16th St SE, Unit 451 | 451 16th St SE | 1BR,1BA | $1.29 |
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Salem Overview
Salem is the capital of Oregon and is located in Marion County, the 2nd largest city in Oregon behind Portland. The top colleges are Willamette University, Corban University and Chemeketa Community College. Salem is nicknamed the Cherry City because of the different varieties of cherries invented and exhibited.
Why live in Salem, OR?
Salem has a beautiful woodsy landscape with a rich history of invention and filming. “One Flew Over the Cuckoo’s Nest” was filmed at the Oregon State Hospital. There are a plethora of wineries and vineyards from which to choose. The 46 parks are lush and inviting and spread over almost 30 miles across the state. Salem has ongoing community events like the Saturday Market, available from May until October, and exhibits baked goods, crafts, produce and meat. There is also the Wednesday Farmers’ Market that takes place downtown in Courthouse Square during the summer months. The Indoor Saturday Public Market is open all year-around.
Pet Friendly LifestyleSalem, OR
Ranked #9
Among cities in Oregon for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Salem, OR
Morningside Elementary School
Salem-Keizer School District 24j
Public School - Grades K-5 (324)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, OR Rentals by Map
See the most popular apartments and homes in Salem, OR
Salem, OR Apartments MapSalem, OR Rental Homes MapGetting Around Salem, OR
Walk Score®
60 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
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 a cheap apartment in Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salem is under $1,095.
What is the price of a cheap apartment in Salem?
The cheapest apartment in Salem is 192-Western Village Apartments which is listed at $995, while the average apartment in Salem costs $2,211.
What types of apartments are the cheapest in Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Salem?
Cheap apartments in Salem have an average cost of $232 which is $1,979 cheaper than the average rent for all rentals in Salem.
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.
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.
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.