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Cheap Apartments for Rent in Salem, MO from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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$400 - $5751 to 2 Bedroom Apartments Contact Us For Availability
The Studios
201 E 2nd StMountain Grove, MO 65711
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Rent Specials
$545 - $650Studio to 1 Bedroom Apartments Available Now
Osage Commons
14175 Highway ZSt. Robert, MO 65584
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$675 - $875Studio to 2 Bedroom Apartments Contact Us For Availability
Gravois Point Apartments
385 Corisande Hills RdFenton, MO 63026
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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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1184 N Front St
Des ArcMO63636
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17665 MO-21
PotosiMO63664
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.
13190 Hoosier Dr
DixonMO65459
Showing Results 1-13, Page 1 of 1
Salem, MO Local Guide
Missouri BBQ! by Dave Herholz is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $610 | $545 | $675 |
| Salem 1 Bedroom Apartments | $890 | $400 | $1,493 |
| Salem 2 Bedroom Apartments | $1,202 | $500 | $1,710 |
| Salem 3 Bedroom Apartments | $1,419 | $1,035 | $1,929 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, MO Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, MO is a Studio unit found at Osage Commons priced from $545. Autumn Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Osage Commons | Studio | Studio,1BA | $545 |
| Autumn Creek | One Bed | 1BR,1BA | $680 |
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $680 |
| Pine View | 2beds and 1bath | 2BR,1BA | $699 |
| Bridleton Woods Apartments | 1 BR/ 1 BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Salem, MO and Nearby
As of December 13, 2025 the best value apartment in the Salem area is the $1.15 price per square foot 3 Beds, 2 baths Model at Osage Estates Apartments in the in the Gray Summit neighborhood starting from $1,300. The second greatest value Salem apartment is the Bedrooms Upstairs Model at Autumn Leaf Apartment Homes starting at $1,150 with a $1.12 price per square foot . 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. |
|---|---|---|---|
| Osage Estates Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.15 |
| Autumn Leaf Apartment Homes | Bedrooms Upstairs | 2BR,2BA | $1.12 |
| Liberty Pointe | 2 BR | 2BR,1BA | $1.02 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.98 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.87 |
| Camden Crest | One Bedroom | 1BR,1BA | $1.12 |
| Liberty Landing Apartment Homes | One Bedroom | 1BR,1BA | $1.03 |
| Bridleton Woods Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.12 |
| Autumn Creek | One Bed | 1BR,1BA | $1.14 |
| Osage Commons | Studio | Studio ,1BA | $1.06 |
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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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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Best Local Schools in Salem, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, MO Rentals by Map
See the most popular apartments and homes in Salem, MO
Getting Around Salem, MO
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Salem Apartments
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $650 at Osage Commons.
What is the lowest price for a Cheap Two Bedroom Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $699 at Pine View.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at Crimson Landing and starts from $1,245.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.