Cheap Apartments for Rent in Salem, AL from $700 (23 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-23, Page 1 of 1

Salem, AL Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, AL is a 2 Beds unit found at Timber Trail in the North Auburn neighborhood priced from $745. Woodbend Apartments in the North Auburn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber TrailTwo Bedrooms2BR,1BA$745
Woodbend Apartments1 Bed 1 Bath1BR,1BA$815
The Reserve at Opelika1 Bed 1 Bath1BR,1BA$865
Courtyard Apartments1 Bed 1 Bath1BR,1BA$895
Colonial Arms Apartments2 bed 2 bath2BR,2BA$1,000

Best Value Apartments for Rent in Salem, AL and Nearby

As of October 12, 2025 the best value apartment in the Salem area is the $1.36 price per square foot C1 Model at Legends Townhomes in the in the North Auburn neighborhood starting from $1,875. The second greatest value Salem apartment is the Bottom floor unit Model at Windsweep Apartments starting at $1,200 with a $0.99 price per square foot in the Northside 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.
Legends TownhomesC13BR,3BA$1.36
Windsweep ApartmentsBottom floor unit2BR,2BA$0.99
Creekside of Auburn3 Bedroom Flat3BR,3BA$0.70
Timber TrailTwo Bedrooms2BR,1BA$0.65
Pinehurst Villas Apartments3BR/2BA3BR,2BA$1.15
Colonial Arms Apartments2 bed 2 bath2BR,2BA$0.95
Village at Lakeside2/2/Lake/Platinum2BR,2BA$1.29
Tree Tops Apartments2 Beds, 2 baths2BR,2BA$1.25
The Reserve at Opelika1 Bed 1 Bath1BR,1BA$1.22
Woodbend Apartments1 Bed 1 Bath1BR,1BA$1.24

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

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Frequently Asked Questions about Cheap Salem Apartments

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

The lowest price for a Cheap One Bedroom Salem Apartment is $815 at Woodbend Apartments.

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 $745 at Timber Trail.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Timber Trail and starts from $790.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.