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Cheap Apartments for Rent in Salem, MO from $300 (16 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 Contact Us For Availability
Osage Commons
14175 Highway ZSt. Robert, MO 65584
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$650 - $950Studio to 3 Bedroom Apartments Available Now
Gravois Point Apartments
385 Corisande Hills RdFenton, MO 63026
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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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.
1362 Iron Dr
BismarckMO63624
214 Green St
LickingMO65542
1382 Parkway Dr
BismarckMO63624
409 Merle St
BismarckMO63624
204 State Hwy 32
Middle BrookMO63656
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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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6 S Center St
SullivanMO63080
Showing Results 1-16, 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 | $597 | $545 | $650 |
| Salem 1 Bedroom Apartments | $899 | $400 | $1,618 |
| Salem 2 Bedroom Apartments | $1,173 | $500 | $1,745 |
| Salem 3 Bedroom Apartments | $1,389 | $950 | $1,929 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, MO Local Guide
- Nearby Cities
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, MO is a 1 Bed unit found at 990 S Lay Ave priced from $680. Pine View has the second lowest priced unit, which is a 2 Beds apartment currently listed from $699. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Liberty Landing Apartment Homes | One Bedroom | 1BR,1BA | $775 |
| Gravois Point Apartments | 1 BR/ 1 BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Salem, MO and Nearby
As of September 07, 2025 the best value apartment in the Salem area is the $1.30 price per square foot 3A Model at Walden Pond in the in the Murphy neighborhood starting from $1,400. The second greatest value Salem apartment is the 2BR Model at Trails West Apartments starting at $825 with a $0.92 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. |
|---|---|---|---|
| Walden Pond | 3A | 3BR,2BA | $1.30 |
| Trails West Apartments | 2BR | 2BR,1BA | $0.92 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.98 |
| Pine View | 2beds and 1bath | 2BR,1BA | $0.87 |
| Liberty Landing Apartment Homes | One Bedroom | 1BR,1BA | $1.03 |
| Bridleton Woods Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.12 |
| Liberty Pointe | 1 BR | 1BR,1BA | $1.25 |
| Gravois Point Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.29 |
| Arbor Ridge Apartments | Arbor Ridge - 1 Bedroom Apartment Home | 1BR,1BA | $1.33 |
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $1.36 |
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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 $680 at 990 S Lay Ave.
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 Gravois Point Apartments and starts from $950.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.