Cheap Apartments for Rent in Salem, OR from $400(66 Rentals)

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Susan Court Apartments
from $7501 to 2 Bedroom Apartments

Susan Court Apartments

1152-1200 Susan Ct NESalem, OR 97303
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14th St. Courtyard
from $7951 Bedroom Apartments

14th St. Courtyard

830-854 14th St NESalem, OR 97301
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Clark Creek Apartments
from $800Studio to 2 Bedroom Apartments

Clark Creek Apartments

3300 Willow Ct SESalem, OR 97302
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Cedar Court
from $8052 Bedroom Apartments

Cedar Court

3450 Silvercedar Pl NESalem, OR 97305
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Monica Lea
from $8251 Bedroom Apartments

Monica Lea

2780-2818 Claxter Rd NESalem, OR 97301
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Silverpark Apartments
from $8352 Bedroom Apartments

Silverpark Apartments

3563 Silverpark Pl NESalem, OR 97305
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Teresa's Apartments
from $8552 Bedroom Apartments

Teresa's Apartments

704-710 Norman Ave NESalem, OR 97301
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Coral Heights
from $8601 to 2 Bedroom Apartments

Coral Heights

2511-2571 Coral Ave NESalem, OR 97305
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Courtney Place
from $8651 to 2 Bedroom Apartments

Courtney Place

220 Cottage St NESalem, OR 97301
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Liberty Towers
from $8752 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
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Salem 12-Plex
from $8952 Bedroom Apartments

Salem 12-Plex

3654-3664 47th Ave NESalem, OR 97305
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Silver Pine Apartments
from $9251 to 2 Bedroom Apartments

Silver Pine Apartments

5467 Commercial St SESalem, OR 97306
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804 14th St NE
from $9251 Bedroom Apartments

804 14th St NE

804 14th St NESalem, OR 97301
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Orchard Park Apartments
from $9451 to 3 Bedroom Apartments

Orchard Park Apartments

4100 Kacey Cir NESalem, OR 97305
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Royal Oaks Apartments
from $9501 to 2 Bedroom Apartments

Royal Oaks Apartments

126-198 Homewood Ct NSalem, OR 97303
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Ridgeland
from $9602 Bedroom Apartments

Ridgeland

4321-4375 Center St NESalem, OR 97301
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Riverbend Terrace Apartments
Rent Specials
from $975Studio to 2 Bedroom Apartments

Riverbend Terrace Apartments

1485 Brush College RdSalem, OR 97304
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Western Village Apartments
from $9951 Bedroom Apartments Available Now

Western Village Apartments

1869-1913 NE Broadway St NESalem, OR 97301
Senior Living
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Chancellor Apartments
from $1,0002 Bedroom Apartments

Chancellor Apartments

821-841 Cottage St NESalem, OR 97301
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Lancaster Court Apartments
from $1,0251 Bedroom Apartments Available Now

Lancaster Court Apartments

3811-3865 Lancaster Dr NESalem, OR 97305
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Whitman Park Apartments
from $1,0251 to 3 Bedroom Apartments

Whitman Park Apartments

1873 Highway Ave NESalem, OR 97301
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Deer Creek Crossing
from $1,0401 to 3 Bedroom Apartments

Deer Creek Crossing

1520-1580 Wallace Rd NWSalem, OR 97304
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Madras Apartments
from $1,0452 Bedroom Apartments

Madras Apartments

1701 Madras St SESalem, OR 97306
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Salem, OR Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Salem, OR

Pricing Updated: 12/24/2024

Current apartment rentals in the Salem, OR area range in price from $427 to $17,650 with an overall median price of $2,088. The three Salem neighborhoods with the lowest median rent pricing are Morningside at $800, Hayesville at $427, and South Salem at $795. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Salem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Morningside$1,700$80029
Hayesville$1,720$427116
South Salem$1,722$79548
South Gateway$1,747$92538
Lansing$1,750$427166
NOLA$1,750$42762
Northeast Neighbors$1,750$79537
Northgate$1,800$750139
Outer South$1,810$79567
Sunnyslope$1,810$79540

Cheapest Available Salem Apartments for Rent

 

The cheapest available apartment rental in Salem, OR is a 1 Bed unit found at Western Village Apartments in the Highland neighborhood priced from $995. Mallard Landing in the East Lancaster neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Western Village Apartments1x1 Upstairs1BR,1BA$995
Mallard Landing1BED1BATH1BR,1BA$995
Somerset Apartments1BR 1 Bath East1BR,1BA$995
3417 3rd Avenue1 Bed 1 Bath1BR,1BA$995
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$995
Lancaster Court Apartments1x11BR,1BA$1,025
Island Park Apartments1 Bedroom, 1 Bath1BR,1BA$1,050
Rockwood Park Apartments1 Bedroom 1 bath1BR,1BA$1,090
Murphy Manor Apartments1BR/1.0BA1BR,1BA$1,095
Fountain Court1/11BR,1BA$1,095

Best Value Apartments for Rent in Salem, OR

As of December 24, 2024 the best value apartment in the Salem area is the $1.16 price per square foot 3BR/2.0BA Model at Waldo Terrace in the in the Croisan neighborhood starting from $1,550. The second greatest value Salem apartment is the 3x1 Model at 1026-1062 Ring St NE starting at $1,475 with a $1.29 price per square foot in the Lansing 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.
Waldo Terrace3BR/2.0BA3BR,2BA$1.16
1026-1062 Ring St NE3x13BR,1BA$1.29
North Park Apartments2 Beds, 1 bath2BR,1BA$1.23
Southside Apartments2BR 1.5Bath2BR,1.5BA$1.28
Z_Campus Court Apartments3 Bedroom 1 Bath3BR,1BA$1.28
Battle Creek Lodge Apartments2 BEDROOM2BR,1BA$1.30
Tall Tree Apartments2 Beds, 1.5 Baths2BR,1.5BA$1.33
Brooktree Apartments2BR 1 Bath2BR,1BA$1.20
Amber Park Apartments2x22BR,2BA$1.36
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.24

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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.

Salem, OR
Population: 173,442

Ranked #149

in US Census Population by City

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Pet Friendly Lifestyle
Salem, OR

Ranked #16

Among cities in Oregon for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Salem, OR Rentals by Map

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

Getting 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

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 Northplace Apartment Homes listed at $1,199.

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

The lowest price for a Cheap One Bedroom Salem Apartment is $995 at Western Village 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 $1,095 at Mallard Landing.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Z_Campus Court Apartments and starts from $1,342.

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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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.