Cheap Homes for Rent in Central Area Salem, OR from $1,000 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Area area of Salem.

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Central Area, Salem, OR Local Guide

Cheapest Available Central Area Apartments for Rent

 

The cheapest available apartment rental in the Central Area area of Salem, OR is a Studio unit found at Madison Court Apartments priced from $950. Peace Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Central Area apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Madison Court ApartmentsStudioStudio,1BA$950
Peace Street1 Bedroom1BR,1BA$1,050
Fountain Court1/11BR,1BA$1,095

Best Value Apartments for Rent in Central Area, OR

As of April 15, 2025 the best value apartment in the Central Area area is the $1.86 price per square foot C1-2X2 Model at The Court Yard in the in the West Salem neighborhood starting from $2,685. The second greatest value Central Area apartment is the 2x2 Model at Willamette Landing starting at $1,875 with a $1.56 price per square foot in the Northgate neighborhood. Here is today’s list of the best values for Central Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Court YardC1-2X22BR,2BA$1.86
Willamette Landing2x22BR,2BA$1.56
WALLACE PARK APARTMENTS (03)2 Bedroom 2 Bathroom2BR,2BA$1.32
Acero West SalemSAPPHIRE2BR,2BA$1.73
Willamette ParkSantiam2BR,2BA$1.68
Parkview Apartments2x12BR,1BA$1.71
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.37
COLONIAL APARTMENTS1BR/1.0BA1BR,1BA$1.71
Madison Court ApartmentsStudioStudio ,1BA$1.58
Peace Street1 Bedroom1BR,1BA$2.00

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Frequently Asked Questions about Central Area

What type of rentals are currently available in Central Area?

There are currently 176 Apartments for Rent in Central Area, OR with pricing that ranges from $950 to $4,040. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Area ranging from $1,025 to $2,095.

What is the current price range for Rental Homes in Central Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Area ranges from $1,025 to $2,095 with an average monthly rent of $1,245.

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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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.

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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.