
Cheap Homes for Rent in Salem Lakes, WI from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Salem Lakes.


126 Washington St

19900 128th St

19006 W Edwards Rd
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.

46 N Lake Ave

905 Main St

37439 N Lake Shore Dr

422 Meadow Green Ln
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 Lakes, WI Local Guide

How much does it cost to rent a home in Salem Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Lakes 2 Bedroom Homes for Rent | $1,938 | $1,400 | $2,500 |
| Salem Lakes 3 Bedroom Homes for Rent | $2,790 | $2,000 | $3,300 |
| Salem Lakes 4 Bedroom Homes for Rent | $2,714 | $2,250 | $4,210 |
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Salem Lakes, WI Local Guide
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Cheapest Available Salem Lakes Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem Lakes, WI is a 3 Beds unit found at Meadows of Mill Creek PH. 2 priced from $698. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadows of Mill Creek PH. 2 | 3 Bedroom Townhome | 3BR,2BA | $698 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1,154 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
Best Value Apartments for Rent in Salem Lakes, WI and Nearby
As of April 16, 2026 the best value apartment in the Salem Lakes area is the $0.44 price per square foot 3 Bedroom Townhome Model at Meadows of Mill Creek PH. 2 in the starting from $698. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadows of Mill Creek PH. 2 | 3 Bedroom Townhome | 3BR,2BA | $0.44 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| The Residences at Dunham Grove | Two Bedroom Two Bathroom - Upper | 2BR,2BA | $1.49 |
| Riverwood Apartments | Floor Plan D | 2BR,2BA | $1.73 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Seasons at River View | 1F | 1BR,1BA | $1.89 |
| Breeze Terrace | 1B | 1BR,1BA | $1.93 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1.59 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $1.95 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,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.
Read ArticleDon'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 ArticleCash 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.
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!
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Frequently Asked Questions about Salem Lakes
What type of rentals are currently available in Salem Lakes?
There are currently 42 Apartments for Rent in Salem Lakes, WI with pricing that ranges from $553 to $6,545. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem Lakes ranging from $1,350 to $4,210.
What is the current price range for Rental Homes in Salem Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem Lakes ranges from $1,350 to $4,210 with an average monthly rent of $2,223.
How much are larger Three and Four Bedroom Rentals in Salem Lakes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem Lakes range from $1,270 to $6,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $3,189.
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

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.

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.

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.

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.