close
View Me
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, OR from $700 (26 Rentals)
Cheap Apartments in the Downtown Salem area of Salem.
2217-2221 Lee St SE
SalemOR97301
455 18th St SE
SalemOR97301
close
View Me
Rent Specials
from $9951 to 2 Bedroom Apartments Available Now
1481 Tripp / Lee Apartments
1461-1491 Lee St SESalem, OR 97302
close
View Me
from $1,0451 Bedroom Apartments Contact Us For Availability
6 Nineteen Apartments
1245 Chemeketa St NESalem, OR 97301
close
View Me
875 Liberty St NE
SalemOR97301
215 Myers St S
SalemOR97302
209 Myers St S
SalemOR97302
1355-1365-1365 4th St NE
SalemOR97301
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1265 Chemeketa St NE
SalemOR97301
close
View Me
from $1,2741 to 2 Bedroom Apartments Available May 13
Lancaster Commons
2489 Coral Ave NESalem, OR 97305
close
View Me
Rent Specials
from $1,275Studio to 2 Bedroom Apartments Available Now
Rivenwood
424 Center St NESalem, OR 97301
1031-1033 Saginaw St S
SalemOR97302
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-26, Page 1 of 1
Downtown Salem, Salem, OR Local Guide
How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem Studio Apartments | $1,356 | $950 | $1,595 |
| Downtown Salem 1 Bedroom Apartments | $1,545 | $950 | $2,071 |
| Downtown Salem 2 Bedroom Apartments | $1,808 | $995 | $2,720 |
| Downtown Salem 3 Bedroom Apartments | $2,857 | $2,000 | $4,040 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, OR.
See all Apartments in SalemExplore Salem
Downtown Salem, Salem, OR Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Salem Apartments for Rent
The cheapest available apartment rental in the Downtown Salem area of Salem, OR is a Studio unit found at Madison Court Apartments priced from $950. 1481 Tripp / Lee Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Downtown Salem apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $995 |
| COLONIAL APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1,050 |
| 192-Western Village Apartments | 1x1 | 1BR,1BA | $1,095 |
| Fountain Court | 1/1 | 1BR,1BA | $1,095 |
| Peace Street | 1 Bedroom | 1BR,1BA | $1,150 |
| Rivenwood | Studio Type 1 | Studio,1BA | $1,275 |
| 12th Street Lofts | 2 Beds, 1 bath | 2BR,1BA | $1,395 |
| Aspen Grove Apartments | Mt Bachelor | 1BR,1BA | $1,395 |
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,450 |
Best Value Apartments for Rent in Downtown Salem, OR
As of May 07, 2025 the best value apartment in the Downtown Salem area is the $2.01 price per square foot 2x2 Balcony Model at The Meridian Apartments in the in the West Salem neighborhood starting from $2,676. The second greatest value Downtown Salem apartment is the 2x2 Small Model at Willamette Landing starting at $1,850 with a $1.65 price per square foot in the Northgate neighborhood. Here is today’s list of the best values for Downtown Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meridian Apartments | 2x2 Balcony | 2BR,2BA | $2.01 |
| Willamette Landing | 2x2 Small | 2BR,2BA | $1.65 |
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.32 |
| Willamette Park | McKenzie | 2BR,2BA | $1.73 |
| 12th Street Lofts | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| 1624-1634 Capitol St SE, Unit 1634 | 1624-1634 Capitol St SE | 2BR,1BA | $1.62 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
| COLONIAL APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.64 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
| Peace Street | 1 Bedroom | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Downtown Salem area?
If you’re an expert on all things Downtown Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Salem. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Salem Neighborhood in Salem, OR
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
58 / 100
Good Transit
Many 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 Downtown Salem Apartments
What is the Cheapest Studio apartment in Downtown Salem?
Currently the most affordable Cheap Studio Apartment in Downtown Salem is at Madison Court Apartments listed at $950.
How much is rent for a Cheap One Bedroom Downtown Salem Apartment?
The lowest price for a Cheap One Bedroom Downtown Salem Apartment is $995 at 1481 Tripp / Lee Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Salem is starting from $1,095 at 1481 Tripp / Lee Apartments.
What is the most affordable Downtown Salem Three Bedroom Apartment?
The best deal on a cheap Downtown Salem Three Bedroom Apartment rental is at The Meridian Apartments and starts from $2,900.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.