
Cheap Homes for Rent in Salem, VA from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


16 Church Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1831 Oxford Ave SW

2058 Memorial Ave SW
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2114 Windsor Ave SW

1826 Rorer Ave SW
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Salem, VA Local Guide

How much does it cost to rent a home in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem 2 Bedroom Homes for Rent | $1,395 | $1,095 | $1,750 |
Salem 3 Bedroom Homes for Rent | $1,735 | $1,000 | $2,600 |
Salem 4 Bedroom Homes for Rent | $2,141 | $1,975 | $2,495 |
Salem 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, VA Local Guide
- Salem Neighborhoods
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Cheapest Neighborhoods for Apartments in Salem, VA
Pricing Updated: 05/19/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Salem | $1,750 | $1,750 | 1 |
Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at Cedarwood Apartments in the Deyerle neighborhood priced from $915. The Everett in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $915 |
The Everett | 1 Bed 1Bath - 1A | 1BR,1BA | $985 |
The Pines of Roanoke | The Pinewood | 1BR,1BA | $1,046 |
Best Value Apartments for Rent in Salem, VA and Nearby
As of May 19, 2025 the best value apartment in the Salem area is the $1.42 price per square foot Three Bedroom Two Bathroom Model at The Crest Apartments in the in the Peachtree Norwood neighborhood starting from $1,515. The second greatest value Salem apartment is the The Horizon 2 BR 1 BA Model at The Retreat Apartments starting at $1,572 with a $1.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Crest Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.42 |
The Retreat Apartments | The Horizon 2 BR 1 BA | 2BR,1BA | $1.61 |
Northridge Village | B1 | 2BR,1BA | $1.28 |
The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
CAMELOT VILLAGE | 2 Bedroom TH | 2BR,1.5BA | $1.52 |
Langdon Square | 2x2 | 2BR,2BA | $1.44 |
Salem Wood Apartments | Two Bedroom One Bathroom with Patio | 2BR,1BA | $1.64 |
The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.39 |
The Everett | 1 Bed 1Bath - 1A | 1BR,1BA | $1.54 |
Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 78 Apartments for Rent in Salem, VA with pricing that ranges from $875 to $3,544. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $495 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 $495 to $2,950 with an average monthly rent of $1,746.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.