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Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, OR from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
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6 Nineteen Apartments
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The Lee Apartments
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1455-1497-1497 Marion St NE
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958 Gaines St NE
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1810-1820-1820 Mill St SE
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771 21st St SE
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875 Liberty St NE
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1359 Liberty St NE
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Aspen Grove Apartments
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Rivenwood
Downtown Salem, Salem, OR Local Guide
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How much does it cost to rent an apartment in Downtown Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Salem Studio Apartments | $1,418 | $1,050 | $1,660 |
Downtown Salem 1 Bedroom Apartments | $1,490 | $995 | $2,085 |
Downtown Salem 2 Bedroom Apartments | $1,800 | $1,095 | $3,100 |
Downtown Salem 3 Bedroom Apartments | $2,720 | $1,900 | $4,040 |
Browse Apartments in this Neighborhood
There are currently 25 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
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Cheapest Available Downtown Salem Apartments for Rent
 The cheapest available apartment rental in the Downtown Salem area of Salem, OR is a 1 Bed unit found at 192-Western Village Apartments priced from $995. 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 |
---|---|---|---|
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 |
The Lee Apartments | TLEE - Studio 370 | Studio,1BA | $1,050 |
Fountain Court | 1/1 | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Downtown Salem, OR
As of March 03, 2025 the best value apartment in the Downtown Salem area is the $1.56 price per square foot 2x2 Model at Willamette Landing in the in the Northgate neighborhood starting from $1,875. The second greatest value Downtown Salem apartment is the 2 Bedroom 1 Bathroom Model at WALLACE PARK APARTMENTS (03) starting at $1,350 with a $1.37 price per square foot in the West Salem 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. |
---|---|---|---|
Willamette Landing | 2x2 | 2BR,2BA | $1.56 |
WALLACE PARK APARTMENTS (03) | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.37 |
1624-1634 Capitol St SE, Unit 1634 | 1624-1634 Capitol St SE | 2BR,1BA | $1.72 |
Lancaster Commons | 2 Bedroom W | 2BR,1BA | $1.58 |
1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
Acero West Salem | COBALT | 1BR,1BA | $2.25 |
Aspen Grove Apartments | 1 Bedroom Road | 1BR,1BA | $1.89 |
COLONIAL APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.71 |
Fountain Court | 1/1 | 1BR,1BA | $2.03 |
Peace Street | 1 Bedroom | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 The Lee Apartments listed at $1,050.
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 $1,263 at Lancaster Commons.
What is the most affordable Downtown Salem Three Bedroom Apartment?
The best deal on a cheap Downtown Salem Three Bedroom Apartment rental is at Aspen Grove Apartments and starts from $1,995.
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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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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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.