1382 Parkway Dr
BismarckMO63624
Cheap Homes for Rent in Salem, MO from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
631 W Main St
BismarckMO63624
409 Merle St
BismarckMO63624
204 State Hwy 32
Middle BrookMO63656
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.
809 State Hwy Z
St. RobertMO65584
1535-B Parkway Dr
BismarckMO63624
1535 Parkway Dr
BismarckMO63624
1608 N Cedar St
RollaMO65401
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.
115 Holly Dr
St. RobertMO65584
Showing Results 1-9, 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 a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $757 | $399 | $1,390 |
| Salem 3 Bedroom Homes for Rent | $1,283 | $490 | $2,300 |
| Salem 4 Bedroom Homes for Rent | $2,330 | $2,330 | $2,330 |
| Salem 5 Bedroom Homes for Rent | $2,025 | $1,450 | $2,300 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, MO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, MO is a 1 Bed unit found at Autumn Creek priced from $680. 990 S Lay Ave 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 |
|---|---|---|---|
| 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 |
Best Value Apartments for Rent in Salem, MO and Nearby
As of August 30, 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 2 BR Model at Liberty Pointe starting at $925 with a $0.99 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 |
| Liberty Pointe | 2 BR | 2BR,1BA | $0.99 |
| 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 |
| Gravois Point Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.29 |
| Arbor Ridge Apartments | Arbor Ridge - 1 Bedroom Apartment Home | 1BR,1BA | $1.33 |
| Autumn Creek | One Bed | 1BR,1BA | $1.14 |
Quick 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.
Let everyone know!
Do you know the Salem area?
If you’re an expert on all things Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 52 Apartments for Rent in Salem, MO with pricing that ranges from $400 to $1,929. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $399 to $2,330.
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 $399 to $2,330 with an average monthly rent of $1,297.
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.