Cheap Homes for Rent in Downtown Salem Neighborhood of Salem, OR from $1,000 (7 Rentals)

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

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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 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 ListingModel NameBed/BathPriced From
Madison Court ApartmentsStudioStudio,1BA$950
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$995
192-Western Village Apartments1x1 Upstairs1BR,1BA$995

Best Value Apartments for Rent in Downtown Salem, OR

As of April 16, 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 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
12th Street Lofts2 Beds, 1 bath2BR,1BA$1.42
1624-1634 Capitol St SE, Unit 16341624-1634 Capitol St SE2BR,1BA$1.62
Willamette ParkSantiam2BR,2BA$1.68
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.24
COLONIAL APARTMENTS1BR/1.0BA1BR,1BA$1.71
Madison Court ApartmentsStudioStudio ,1BA$1.58

Frequently Asked Questions about Downtown Salem

What type of rentals are currently available in Downtown Salem?

There are currently 181 Apartments for Rent in Downtown Salem, OR with pricing that ranges from $950 to $4,040. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salem ranging from $1,025 to $2,095.

What is the current price range for Rental Homes in Downtown Salem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Salem ranges from $1,025 to $2,095 with an average monthly rent of $1,238.

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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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

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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