
Cheap Apartments for Rent in Salem, CT from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


103 Horse Pond Rd

Victoria Gardens

Oxoboxo Lofts

Mohegan Commons Apartments
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.

Meadow Ridge Apartment Homes

Water Street Lofts

91 Stanavage Rd

The Lofts at Ponemah Mills

Country Place

Village Court
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.

Deerfield Village

Summitwoods Apartments

61 School St

173-175 Norwich-New London Turnpike

1461 CT-85
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Salem, CT Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem Studio Apartments | $1,593 | $1,200 | $2,035 |
Salem 1 Bedroom Apartments | $1,619 | $905 | $2,495 |
Salem 2 Bedroom Apartments | $2,003 | $1,100 | $3,325 |
Salem 3 Bedroom Apartments | $2,589 | $1,400 | $3,795 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, CT Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Norwich in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
Norwich | 1 | 1BR,1BA | $1,025 |
Water Street Lofts | Studio | Studio,1BA | $1,200 |
Morton House | Efficiency | 1BR,1BA | $1,200 |
Mohegan Commons Apartments | The Park - 2 Bedroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Salem, CT and Nearby
As of September 09, 2025 the best value apartment in the Salem area is the $1.91 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,695. The second greatest value Salem apartment is the PM2cF-T Model at The Lofts at Ponemah Mills starting at $1,346 with a $1.18 price per square foot in the Northeast New London Norwich 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 Edgewater | Sailfish | 2BR,1.5BA | $1.91 |
The Lofts at Ponemah Mills | PM2cF-T | 2BR,2BA | $1.18 |
Colchester Estates | Colchester 2 Bed x 1 Bath | 2BR,1BA | $1.83 |
Thamesview Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
Cedar Glen | 2BR/1.0BA | 2BR,1BA | $2.06 |
Mohegan Commons Apartments | The Park - 2 Bedroom | 2BR,1BA | $1.69 |
Norwich | 1 | 1BR,1BA | $1.37 |
Summitwoods Apartments | 1 Bed | 1BR,1BA | $1.93 |
103 Horse Pond Rd, Unit 103 Salem | 103 Horse Pond Rd | 1BR,1BA | $1.95 |
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1.49 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Salem, CT
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
20 / 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 Water Street Lofts listed at $1,200.
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $922 at Oxoboxo Lofts.
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 $1,275 at Norwich.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Mohegan Commons Apartments and starts from $1,400.
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.

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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.