Cheap Apartments for Rent near Salem, NC from $750 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in Salem.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Viewmont Square
1 to 2 Bedroom Apartments

Viewmont Square

1420 4th Street Dr NWHickory, NC 28601
Senior Living
  • Utilities Included
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Glenwood Hills
1 to 3 Bedroom Apartments

Glenwood Hills

1300 Burkemont AveMorganton, NC 28655
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Center Crossing
1 to 2 Bedroom Apartments

Center Crossing

105 S Center StHickory, NC 28602
Senior Living
  • Utilities Included
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Viewmont Pointe
Studio to 2 Bedroom Apartments

Viewmont Pointe

420 10th Avenue Dr NEHickory, NC 28601

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.

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Waterford Place
1 to 3 Bedroom Apartments

Waterford Place

4000 N Center StHickory, NC 28601
Furnished
  • Smoke Free
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Alpine Mills
1 to 2 Bedroom Apartments

Alpine Mills

109 E Fleming DrMorganton, NC 28655

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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Salem, NC Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, NC is a 1 Bed unit found at Center Crossing in the Oakwood Hillcrest neighborhood priced from $406. Quail Ridge Apartments in the Lakeland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Center Crossing1 Bdrm1BR,1BA$406
Quail Ridge ApartmentsStudioStudio,1BA$750
Meadowood Garden1BR/1BA1BR,1BA$850
FG Communities Morganton Suburban Valley2 Beds, 2 Baths2BR,2BA$950
The Abbey1BR/1.0BA1BR,1BA$990
101 Park Place AveOne Bed1BR,1BA$1,000
4152 Cherrywood DrThe Overlook1BR,1BA$1,000
The Village at Catawba RidgeStudio Standard-Call For AvailabilityStudio,1BA$1,025
The Townhomes at Viewmont1x1 Standard- Call For Availability1BR,1BA$1,100
Apartments on 20thWaterside 1 Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Salem, NC and Nearby

As of September 12, 2026 the best value apartment in the Salem area is the $1.25 price per square foot 3 BR Model at 101 Park Place Ave in the starting from $1,500. The second greatest value Salem apartment is the 2 Bedroom - Garden Model at Cedarbrook Apartments starting at $1,325 with a $1.16 price per square foot . Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
101 Park Place Ave3 BR3BR,2BA$1.25
Cedarbrook Apartments2 Bedroom - Garden2BR,2BA$1.16
Plaza View Luxury Condominiums2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
The Condominiums at Cedarwood2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
28 Park Ave2 Bedroom2BR,1.5BA$1.14
Bost Road Apartments2 Bedroom2BR,1.5BA$1.24
Woodbridge Apartments2 Bedroom Standard2BR,1BA$1.20
The Villas at Pebble Creek1 Bedroom, 1 Bathroom1BR,1BA$1.25
The Abbey1BR/1.0BA1BR,1BA$1.23
Center Crossing1 Bdrm1BR,1BA$0.62

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salem, NC Rentals by Map

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See the most popular apartments and homes in Salem, NC

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Frequently Asked Questions about Cheap Salem Apartments

What is the Cheapest Studio apartment in Salem?

Currently the most affordable Cheap Studio Apartment in Salem is at Quail Ridge Apartments listed at $750.

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $406 at Center Crossing.

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 $950 at FG Communities Morganton Suburban Valley.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Highland Commons and starts from $1,375.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.