206 6th St
Mulberry GroveIL62262
Cheap Homes for Rent in Salem, IL from $336 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
909 Fairland St
BentonIL62812
2913 N Brownsville Rd
Mount VernonIL62864
317 E South St
Du QuoinIL62832
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$7751 Bedroom Apartments Available Now
555 Roddy Rd, Unit B-2
555 Roddy RdSalem, IL 62881
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$7751 Bedroom Apartments Available Now
555 Roddy Rd, Unit B-6
555 Roddy RdSalem, IL 62881
304 N Main St
ZeiglerIL62999
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.
304 Estate Dr
O'FallonIL62269
400 S Marshall St
SalemIL62881
821 Edward St
Saint LiboryIL62282
104 Lee Dr
O'FallonIL62269
400 W Franklin Ave
EffinghamIL62401
301 E Olive St
Mc LeansboroIL62859
519 Lone Robin St
TroyIL62294
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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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 | $1,206 | $336 | $2,147 |
| Salem 3 Bedroom Homes for Rent | $1,645 | $690 | $2,600 |
| Salem 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Salem, IL Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, IL is a 1 Bed unit found at Lotts Landing Senior Apartments in the Macoupin County neighborhood priced from $560. McKay Manor in the Clinton County neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $800. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| McKay Manor | 3 Bdrm | 3BR,2BA | $800 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
| Wilson Apartments | Two Bedroom - No Laundry | 2BR,1BA | $825 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Best Value Apartments for Rent in Salem, IL and Nearby
As of September 10, 2026 the best value apartment in the Salem area is the $1.03 price per square foot 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,550. The second greatest value Salem apartment is the 3 Bdrm Model at McKay Manor starting at $800 with a $0.63 price per square foot in the Clinton County 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 | 3Bd Deluxe Townhouse w/ Garage | 3BR,2BA | $1.03 |
| McKay Manor | 3 Bdrm | 3BR,2BA | $0.63 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.08 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.19 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.04 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.21 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Wilson Apartments | Two Bedroom - Laundry In Unit | 2BR,1BA | $1.17 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
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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Navigating 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.
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Best Local Schools in Salem, IL
Salem Community High School
Salem Chsd 600 School District
Public School - Grades 9-12 (688)
4 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 58 Apartments for Rent in Salem, IL with pricing that ranges from $552 to $2,440. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $290 to $2,600.
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 $2,600 with an average monthly rent of $1,368.
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.
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.
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.