Cheap Apartments for Rent in Salem Lakes, WI from $500 (19 Rentals)

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

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.

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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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

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.

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 Whitetail Ridge priced from $1,154. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Salem Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1,154
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
The Granary Townhomes1C-U1BR,1BA$1,381
Highlands of Kensington ManorSheffield1BR,1BA$1,445
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1,475

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

As of March 30, 2026 the best value apartment in the Salem Lakes area is the $1.39 price per square foot 3 Bedroom Townhome Model at Meadows of Mill Creek PH. 2 in the starting from $2,195. The second greatest value Salem Lakes apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,900 with a $1.52 price per square foot in the Amber Shores 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.
Meadows of Mill Creek PH. 23 Bedroom Townhome3BR,2BA$1.39
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Bristol Cove2BR/1.5BA2BR,1.5BA$1.58
The Residences at Dunham GroveTwo Bedroom Two Bathroom - Upper2BR,2BA$1.49
Riverwood ApartmentsFloor Plan D2BR,2BA$1.75
Skyline TowersAzure1BR,1.5BA$1.68
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1.68
The Granary Townhomes1C-U1BR,1BA$1.67
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1.59
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$2.09

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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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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

What is the Cheapest Studio apartment in Salem Lakes?

Currently the most affordable Cheap Studio Apartment in Salem Lakes is at Seasons at River View listed at $1,550.

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

The lowest price for a Cheap One Bedroom Salem Lakes Apartment is $1,154 at Whitetail Ridge.

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 $1,382 at Whitetail Ridge.

What is the most affordable Salem Lakes Three Bedroom Apartment?

The best deal on a cheap Salem Lakes Three Bedroom Apartment rental is at Meadows of Mill Creek PH. 2 and starts from $2,195.

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.