
Cheap Apartments for Rent in Salem, CT from $1,000 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


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Village Apartments

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Amston Village - Active 55+

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Meadow Ridge Apartment Homes

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Victoria Gardens

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Washington Street Apartments

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The Lofts at Ponemah Mills

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Blackstone Apartments

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The Terraces Apartments

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Water Street Lofts
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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Country Place

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Norwich

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88-98 Chestnut St

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Courtview Square Apartments

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Summitwoods Apartments

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Deerfield Village

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Faire Harbour Landings

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Thamesview Apartments

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Reid & Hughes

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Eagle Pointe
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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Hamilton Park

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Cedar Glen

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Nutmeg Woods

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35 Chestnut St

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Rose Hill Apartments

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Bayonet Street Apartments

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Colchester Estates

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Lake Hayward of Colchester Apartments

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The Sound at Gateway Commons

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Bridge Road Commons
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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Haddam Village Commons

30 Howard St

Oxoboxo Lofts

173-175 Norwich-New London Turnpike

Garfield Avenue Apartments

16 Honey Hill Rd

16 Roath St

Village Court

120 Broad St

26 Sunset Ter
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.

Wequonnoc Village Apartments

195 Laurel Hill Ave

302 Boston Post Rd

26 Grassy Hill Rd

177 Broadway

Four Seasons of Colchester

Bay Point Apartments

19 Moodus Leesville Rd

Beacon Point Homes - Trident Park

231 Boston Post Rd
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.
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 | $1,666 | $1,295 | $2,101 |
| Salem 1 Bedroom Apartments | $1,713 | $1,000 | $2,515 |
| Salem 2 Bedroom Apartments | $2,143 | $1,196 | $3,345 |
| Salem 3 Bedroom Apartments | $2,785 | $1,550 | $3,815 |
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 Village Apartments in the Northeast New London Norwich neighborhood priced from $1,000. Oxoboxo Lofts in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,084. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Apartments | 1 Bedroom / 1 Bath | 1BR, 1BA | $1,000 |
| Oxoboxo Lofts | 2 Bedroom | 2BR, 1BA | $1,084 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR, 1BA | $1,239 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR, 1BA | $1,300 |
| The Terraces Apartments | 1 Bedroom | 1BR, 1BA | $1,305 |
| Water Street Lofts | Studio | Studio, 1BA | $1,400 |
| 120 Broad St | Studio | Studio, 1BA | $1,400 |
| 88-98 Chestnut St | 1BR | 1BR, 1BA | $1,450 |
| Norwich | Two Bedroom | 2BR, 1BA | $1,450 |
| Courtview Square Apartments | A1 | 1BR, 1BA | $1,475 |
Best Value Apartments for Rent in Salem, CT and Nearby
As of September 22, 2026 the best value apartment in the Salem area is the $1.06 price per square foot Two Bedroom Model at Blackstone Apartments in the Northeast New London Norwich neighborhood starting from $1,595. The second greatest value Salem apartment is the 2 bedroom - 80% Model at Brookside Commons in the New London neighborhood starting at $2,066 with a $1.73 price per square foot. 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. |
|---|---|---|---|
| Blackstone Apartments | Two Bedroom | 2BR, 1BA | $1.06 |
| Brookside Commons | 2 bedroom - 80% | 2BR, 1.5BA | $1.73 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR, 2BA | $1.69 |
| Colchester Estates | Colchester 2 Bed x 1 Bath | 2BR, 1BA | $1.83 |
| Norwich | Two Bedroom | 2BR, 1BA | $1.45 |
| 35 Chestnut St | 1 Bed, 1 bath | 1BR, 1BA | $1.90 |
| The Terraces Apartments | 1 Bedroom | 1BR, 1BA | $1.49 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR, 1BA | $1.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR, 1BA | $1.63 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR, 1BA | $1.55 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, CT Rentals by Map
See the most popular apartments and homes in Salem, CT
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 $1,000 at Village 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 $1,084 at Oxoboxo Lofts.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Village Apartments and starts from $1,550.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.