115 N Cherry St
CentraliaIL62801
Cheap Homes for Rent in Salem, IL from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
909 Fairland St
BentonIL62812
205 Vaux St
ZeiglerIL62999
2127 County Rd 855
FairfieldIL62837
900 8th St
HighlandIL62249
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.
304 Estate Dr
O'FallonIL62269
818 White Oak Dr
O'FallonIL62269
919 Mulberry St
HighlandIL62249
1110 E Ruth St
BentonIL62812
766 Wall St
LivingstonIL62058
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.
Showing Results 1-10, Page 1 of 1
Salem, IL Local Guide
Salem, Illinois by Paul Sableman is licensed under CC BY 2.0
How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $1,003 | $290 | $1,595 |
| Salem 3 Bedroom Homes for Rent | $1,694 | $690 | $3,200 |
| Salem 4 Bedroom Homes for Rent | $2,087 | $1,600 | $2,450 |
| Salem 5 Bedroom Homes for Rent | $2,478 | $1,141 | $3,495 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, IL Local Guide
- Nearby Cities
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, IL is a 2 Beds unit found at Capitol Pointe priced from $400. McKay Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $548. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol Pointe | 2 Beds, 1 bath | 2BR,1BA | $400 |
| McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
Best Value Apartments for Rent in Salem, IL and Nearby
As of November 10, 2025 the best value apartment in the Salem area is the $0.95 price per square foot 3 Bd Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,425. The second greatest value Salem apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,450 with a $1.16 price per square foot in the Metro East 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. |
|---|---|---|---|
| BSB Apartments | 3 Bd Townhouse w/ Garage | 3BR,2BA | $0.95 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.16 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.15 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Crown Pointe Townhomes - Shiloh | Townhome | 2BR,2BA | $1.18 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.13 |
| Centralia Estates | Unit 44 | 3BR,2BA | $1.05 |
| Capitol Pointe | 2 Beds, 1 bath | 2BR,1BA | $0.52 |
| McKay Manor | 1 Bedroom | 1BR,1BA | $0.83 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Salem, IL
Salem Community High School
Salem Chsd 600 School District
Public School - Grades 9-12 (732)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, IL Rentals by Map
See the most popular apartments and homes in Salem, IL
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 51 Apartments for Rent in Salem, IL with pricing that ranges from $400 to $2,440. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $290 to $3,495.
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 $290 to $3,495 with an average monthly rent of $1,662.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $490 to $1,842, while Three Bedroom Homes, Condos, and Townhomes for rent range from $690 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,299.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.