Cheap Apartments for Rent near North Salem, IN from $400 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in North Salem.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168
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The Brakeman Apartments
Studio to 2 Bedroom Apartments

The Brakeman Apartments

230 S Lebanon StLebanon, IN 46052
Corporate Housing
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320 N Jefferson St
1 Bedroom Apartments

320 N Jefferson St

320 N Jefferson StBrownsburg, IN 46112
Corporate Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkview of Lebanon
1 to 2 Bedroom Apartments

Parkview of Lebanon

346 Longley DrLebanon, IN 46052
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-33, Page 1 of 1

North Salem, IN Local Guide

Cheapest Available North Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in North Salem, IN is a 1 Bed unit found at Cloverdale Heights priced from $890. 451 Lebanon Apartments in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable North Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
451 Lebanon Apartments1D1BR,1BA$990
LaCabreah ApartmentsDover1BR,1BA$1,015
Settlers RunThe Hills1BR,1BA$1,105
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1,230
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1,250
Wynbrooke Senior Apartments2 bedroom2BR,1BA$1,270
Regency PreserveIRIS1BR,1BA$1,275
Melrose Place2x12BR,1BA$1,279
Center Street ApartmentsWaitlist...Spacious 2-bedroom apartment home!2BR,1BA$1,280

Best Value Apartments for Rent in North Salem, IN and Nearby

As of August 04, 2026 the best value apartment in the North Salem area is the $1.49 price per square foot 3 Bedroom 2.5 Bath - The Lawrence Model at Honor Meadows in the in the Lebanon Whitestown neighborhood starting from $2,199. The second greatest value North Salem apartment is the 2 BD/2 BA - COURTYARD Model at The E - Elevated Living in Whitestown starting at $1,888 with a $1.50 price per square foot in the Lebanon Whitestown neighborhood. Here is today’s list of the best values for North Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Honor Meadows3 Bedroom 2.5 Bath - The Lawrence3BR,2.5BA$1.49
The E - Elevated Living in Whitestown2 BD/2 BA - COURTYARD2BR,2BA$1.50
Saratoga Crossing Apartment HomesThe Princeton2BR,2BA$1.39
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.30
Melrose Place2x12BR,1BA$1.42
Regency PreserveIRIS1BR,1BA$1.48
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.45
LaCabreah ApartmentsDover1BR,1BA$1.21
Settlers RunThe Hills1BR,1BA$1.50
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$1.49

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore North Salem, IN Rentals by Map

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Frequently Asked Questions about Cheap North Salem Apartments

How much is rent for a Cheap One Bedroom North Salem Apartment?

The lowest price for a Cheap One Bedroom North Salem Apartment is $890 at Cloverdale Heights.

What is the lowest price for a Cheap Two Bedroom North Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Salem is starting from $1,120 at LaCabreah Apartments.

What is the most affordable North Salem Three Bedroom Apartment?

The best deal on a cheap North Salem Three Bedroom Apartment rental is at LaCabreah Apartments and starts from $1,445.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.