Cheap Homes for Rent in Salem, VA from $600 (8 Rentals)

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Salem, VA Local Guide

Cheapest Neighborhoods for Apartments in Salem, VA

Pricing Updated: 04/13/2025

Current apartment rentals in the Salem, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Salem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Salem$1,750$1,7501

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, VA is a 2 Beds unit found at The Everett in the Gilmer neighborhood priced from $899. The Cove Apartments in the Peachtree Norwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $916. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Everett2 Bed 1 Bath - 2A2BR,1BA$899
The Cove Apartments2x12BR,1BA$916
North View ApartmentsClassic plus1BR,1BA$999

Best Value Apartments for Rent in Salem, VA and Nearby

As of April 13, 2025 the best value apartment in the Salem area is the $1.41 price per square foot The Whispering Pine Model at The Pines of Roanoke in the in the Deyerle neighborhood starting from $1,578. The second greatest value Salem apartment is the 3x1 Model at The View at 777 starting at $1,399 with a $1.43 price per square foot in the Peachtree Norwood neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Pines of RoanokeThe Whispering Pine3BR,2BA$1.41
The View at 7773x13BR,1BA$1.43
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Salem Wood ApartmentsTwo Bedroom One Bathroom with Den2BR,1BA$1.55
Langdon Square2x22BR,2BA$1.55
The Cove Apartments2x12BR,1BA$1.15
The Retreat ApartmentsThe Summit 1 BR 1 BA1BR,1BA$1.79
North View ApartmentsReno2BR,1BA$1.82
CAMELOT VILLAGE1 Bedroom1BR,1.5BA$1.77
The Everett1 Bed 1Bath - 1A1BR,1BA$1.52

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Frequently Asked Questions about Salem

What type of rentals are currently available in Salem?

There are currently 80 Apartments for Rent in Salem, VA with pricing that ranges from $890 to $3,589. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $695 to $2,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $695 to $2,950 with an average monthly rent of $1,642.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.