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Cheap Apartments for Rent in Salem, SD from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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Rent Specials
from $399Studio to 3 Bedroom Apartments Available Now
West Oaks Estates
911 N Oaks AveHartford, SD 57033
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from $7402 Bedroom Apartments Contact Us For Availability
Heritage High Apartments
210 W Center StMadison, SD 57042
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from $745Studio to 2 Bedroom Apartments Available Now
University Hills Village
4501 N Graduate AveSioux Falls, SD 57107
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Showing Results 1-9, Page 1 of 1
Salem, SD Local Guide
Cornfield in South Dakota near Maccook by Flickr User: Don Graham is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $968 | $745 | $1,346 |
| Salem 1 Bedroom Apartments | $1,091 | $647 | $2,078 |
| Salem 2 Bedroom Apartments | $1,354 | $621 | $3,369 |
| Salem 3 Bedroom Apartments | $1,552 | $399 | $3,534 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, SD is a 2 Beds unit found at Forty One Flats priced from $612. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forty One Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $612 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $810 |
| University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
Best Value Apartments for Rent in Salem, SD and Nearby
As of April 13, 2025 the best value apartment in the Salem area is the $1.21 price per square foot 3 Bedroom, 2 Bathroom Model at Lobelia & Bison Trail Townhomes in the starting from $1,645. The second greatest value Salem apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lobelia & Bison Trail Townhomes | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.21 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.68 |
| Falls Park Apartments | Rushmore | 3BR,2BA | $0.80 |
| Stoney Creek Townhomes | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.00 |
| Boulder Creek Townhomes | 2bd2ba | 2BR,2BA | $1.05 |
| West Briar Commons | 2 Bedrooms / 1 1/2 Bathrooms Townhome | 2BR,1.5BA | $1.25 |
| West Briar Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
| Forty One Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.77 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.19 |
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Best Local Schools in Salem, SD
McCook Central Elementary - 02
Mccook Central School District 43-7
Public School - Grades PK-4 (184)
3 out of 10
McCook Central High School - 01
Mccook Central School District 43-7
Public School - Grades 9-12 (128)
6 out of 10
McCook Central Middle School - 03
Mccook Central School District 43-7
Public School - Grades 5-8 (96)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, SD Rentals by Map
See the most popular apartments and homes in Salem, SD
Salem, SD Apartments MapSalem, SD Rental Homes MapGetting Around Salem, SD
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Salem Apartments
What is the Cheapest Studio apartment in Salem?
Currently the most affordable Cheap Studio Apartment in Salem is at University Hills Village listed at $825.
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $810 at Lake Area Townhomes.
What is the lowest price for a Cheap Two Bedroom Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $612 at Forty One Flats.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Falls Park Apartments and starts from $926.
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.
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.
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.
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.