Cheap Apartments for Rent in Salem Lakes, WI from $500 (44 Rentals)

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

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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8216 199th Ave
Studio to 2 Bedroom Apartments

8216 199th Ave

8216 199th AveBristol, WI 53104
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Lakewood Tower
1 to 2 Bedroom Apartments

Lakewood Tower

320 N Milwaukee AveLake Villa, IL 60046
Senior Living
  • Utilities Included
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11236 258th Ct
1 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179
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Silvercrest
1 to 2 Bedroom Apartments

Silvercrest

630-660 S Cogswell DrSilver Lake, WI 53170
  • Utilities Included

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-44, Page 1 of 1

Salem Lakes, WI Local Guide

Cheapest Available Salem Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem Lakes, WI is a 1 Bed unit found at Tan Oak Apartments priced from $1,099. Whitetail Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,154. Here is today’s list of the most affordable Salem Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1,099
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1,154
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
Lakeview Terrace ApartmentsTwo Bedroom2BR,1BA$1,400
Prairie Ridge Senior2 Bedroom2BR,1BA$1,415
Inspire Prairie SpringsA21BR,1BA$1,450
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1,475
Water's Edge Apartments1 Bdrm/1 Bath1BR,1BA$1,490
Skyline TowersVermillion1BR,1BA$1,510
The Reserve at Kenosha1 BR Grand Courtyard1BR,1BA$1,687

Best Value Apartments for Rent in Salem Lakes, WI and Nearby

As of May 16, 2026 the best value apartment in the Salem Lakes area is the $1.52 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,900. The second greatest value Salem Lakes apartment is the Two Bedroom Model at Lakeview Terrace Apartments starting at $1,400 with a $1.37 price per square foot in the Grant's Grove neighborhood. Here is today’s list of the best values for Salem Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Riverwood ApartmentsFloor Plan B2BR,2BA$1.76
Prairie Ridge Senior2 Bedroom2BR,1BA$1.53
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1.68
Skyline TowersVermillion1BR,1.5BA$1.72
The Reserve at Kenosha1 BR Grand Courtyard1BR,1BA$2.07
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1.59
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1.69
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$2.09

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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Real 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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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.

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

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Frequently Asked Questions about Cheap Salem Lakes Apartments

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

The lowest price for a Cheap One Bedroom Salem Lakes Apartment is $1,099 at Tan Oak Apartments.

What is the lowest price for a Cheap Two Bedroom Salem Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Salem Lakes is starting from $1,249 at Tan Oak Apartments.

What is the most affordable Salem Lakes Three Bedroom Apartment?

The best deal on a cheap Salem Lakes Three Bedroom Apartment rental is at Seasons at River View and starts from $2,795.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.