
Cheap Homes for Rent in Salem, MI from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


209 Fair St

40586 Newport Dr
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.

27330 Sandy Hill Ln

11801 Sycamore Rd

27941 Hopkins Dr

42484 Saratoga Rd

42765 Lilley Pointe Dr

25520 Portico Ln

27997 Hopkins Dr

25628 Portico Ln

19140 Northridge Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Salem, MI Local Guide

How much does it cost to rent a home in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem 2 Bedroom Homes for Rent | $2,286 | $1,325 | $5,000 |
Salem 3 Bedroom Homes for Rent | $2,860 | $1,975 | $5,500 |
Salem 4 Bedroom Homes for Rent | $2,964 | $2,500 | $4,000 |
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Salem, MI Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, MI is a 1 Bed unit found at Plymouth Square in the Antique Forest neighborhood priced from $825. Waters Edge Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Plymouth Square | 1 BRM 1 BATH | 1BR,1BA | $825 |
Waters Edge Apartments | 1BDRM 1BATH | 1BR,1BA | $1,039 |
Brookdale Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,051 |
Northridge Meadow Apartments | One bedroom | 1BR,1BA | $1,159 |
Plymouth Hills Apartments | 1x1 750sf | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Salem, MI and Nearby
As of June 03, 2025 the best value apartment in the Salem area is the $1.64 price per square foot The Plaza Model at Central Park Estates in the in the Island Lake of Novi neighborhood starting from $2,785. The second greatest value Salem apartment is the A1 with 1 car attached garage Model at Ivy Townhomes starting at $2,499 with a $1.59 price per square foot in the Pinehurst 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. |
---|---|---|---|
Central Park Estates | The Plaza | 3BR,2.5BA | $1.64 |
Ivy Townhomes | A1 with 1 car attached garage | 3BR,2.5BA | $1.59 |
Swan Harbour Apartments | 2x2 | 2BR,2BA | $1.32 |
Donovan Townhomes | Renovated 3 bed / 1 Bath South Lyon Townhome *... | 3BR,1BA | $1.48 |
Plymouth Manor Apartments | The Bradford | 2BR,1BA | $1.30 |
Waters Edge Apartments | 2BD 1BATH Upgraded | 2BR,1BA | $1.47 |
Plymouth Square | 2 BRM 2 BATH | 2BR,1BA | $1.03 |
Northridge Meadow Apartments | Upgraded 2 bedroom | 2BR,1BA | $1.50 |
Brookdale Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.55 |
Plymouth Hills Apartments | 1x1 750sf | 1BR,1BA | $1.60 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 44 Apartments for Rent in Salem, MI with pricing that ranges from $825 to $3,695. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,325 to $5,500.
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 $1,325 to $5,500 with an average monthly rent of $2,527.
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.

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.