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Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, OR from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
2217-2221 Lee St SE
SalemOR97301
455 18th St SE
SalemOR97301
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Rent Specials
from $9951 to 2 Bedroom Apartments Available Now
1481 Tripp / Lee Apartments
1461-1491 Lee St SESalem, OR 97302
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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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842 E St NE
SalemOR97301
875 Liberty St NE
SalemOR97301
215 Myers St S
SalemOR97302
209 Myers St S
SalemOR97302
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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1355-1365-1365 4th St NE
SalemOR97301
1265 Chemeketa St NE
SalemOR97301
794-798-798 14th St NE
SalemOR97301
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1031-1033 Saginaw St S
SalemOR97302
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Rent Specials
from $1,298Studio to 2 Bedroom Apartments Available Now
Rivenwood
424 Center St NESalem, OR 97301
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Showing Results 1-28, 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 | $1,380 | $950 | $1,669 |
| Downtown Salem 1 Bedroom Apartments | $1,562 | $950 | $2,085 |
| Downtown Salem 2 Bedroom Apartments | $1,830 | $995 | $2,720 |
| Downtown Salem 3 Bedroom Apartments | $2,597 | $1,900 | $4,040 |
Browse Apartments in this Neighborhood
There are currently 28 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. 192-Western Village 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 |
| 192-Western Village Apartments | 1x1 Upstairs | 1BR,1BA | $995 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $995 |
| Peace Street | 1 Bedroom | 1BR,1BA | $1,050 |
| Fountain Court | 1/1 | 1BR,1BA | $1,095 |
| COLONIAL APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,125 |
| Rivenwood | Studio Type 1 Income Restricted | Studio,1BA | $1,298 |
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,350 |
| Aspen Grove Apartments | Mt Bachelor | 1BR,1BA | $1,395 |
| 12th Street Lofts | 2 Beds, 1 bath | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Downtown Salem, OR
As of April 27, 2025 the best value apartment in the Downtown Salem 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 Downtown Salem 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 Downtown Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Court Yard | C1-2X2 | 2BR,2BA | $1.86 |
| Willamette Landing | 2x2 | 2BR,2BA | $1.56 |
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.37 |
| 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 |
| Lancaster Commons | 2 Bedroom W | 2BR,1BA | $1.59 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
| COLONIAL APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.49 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
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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 192-Western Village 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 Willamette Park and starts from $1,900.
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.
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.
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.
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.