Cheap Apartments for Rent near Salem, NE from $515 (66 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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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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Maplewinds I & II
1 to 2 Bedroom Apartments

Maplewinds I & II

403 Iowa StHiawatha, KS 66434
  • Utilities Included
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Oak Hill
1 to 2 Bedroom Apartments

Oak Hill

1000 Oak StValley Falls, KS 66088
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Southview
2 to 3 Bedroom Apartments

Southview

110 S Pennsylvania AveHolton, KS 66436
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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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Pony Run
1 to 3 Bedroom Apartments

Pony Run

211 S 17th StMarysville, KS 66508
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing

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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Arbor Village
1 to 3 Bedroom Apartments

Arbor Village

601 4th CorsoNebraska City, NE 68410
  • Utilities Included
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CityView Lofts
Studio to 2 Bedroom Apartments

CityView Lofts

201 S 10th StSt. Joseph, MO 64501
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Summit Place
1 to 3 Bedroom Apartments

Summit Place

516-520 N 10th StSt. Joseph, MO 64501
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Arbor View Apartments
1 to 3 Bedroom Apartments

Arbor View Apartments

1116 S 2nd StNebraska City, NE 68410
  • Utilities Included

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, NE Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, NE is a Studio unit found at Mitchell Park Plaza Apartment in the Buchanan County neighborhood priced from $628. Nottingham Court Apartments in the Cass County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mitchell Park Plaza ApartmentS1 - Standard Studio (Pet Friendly)Studio,1BA$628
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
Timber Creek Apartments1 Bed/1 Bath1BR,1BA$695
HL29 Modern FlatsStudioStudio,1BA$725
Cottonwood CreekOne Bedroom1BR,1BA$770
Clarinda West Apartments2 Beds, 1 Baths2BR,1BA$795
Lodge at Heritage LakesConestogaStudio,1BA$870
Loess Hills Estates Affordable Senior HousingStudioStudio,1BA$871
American Electric LoftsStudioStudio,1BA$885
Brittany Village2 Bd2BR,1BA$890

Best Value Apartments for Rent in Salem, NE and Nearby

As of August 24, 2026 the best value apartment in the Salem area is the $1.40 price per square foot D1 +Den Model at Wilderness Hills South Apartments in the in the Porter Ridge neighborhood starting from $1,800. The second greatest value Salem apartment is the 2 Bedroom, 2 Bathroom - 1118 SF Model at The Brink at Ridgeview starting at $1,477 with a $1.32 price per square foot in the Cass County neighborhood. 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.
Wilderness Hills South ApartmentsD1 +Den2BR,2BA$1.40
The Brink at Ridgeview2 Bedroom, 2 Bathroom - 1118 SF2BR,2BA$1.32
Kensington Park5100 Attached Garage2BR,2BA$1.22
Summit Falls Apartments & TownhomesOne Bedroom1BR,1BA$1.38
Brittany Village2 Bd2BR,1BA$1.14
Cottonwood CreekOne Bedroom1BR,1BA$1.10
Wilderness Brook ApartmentsOne Bedroom1BR,1BA$1.46
Clarinda West Apartments2 Beds, 1 Baths2BR,1BA$1.28
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$1.13
Timber Creek Apartments1 Bed/1 Bath1BR,1BA$1.23

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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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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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.

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

Explore Salem, NE Rentals by Map

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See the most popular apartments and homes in Salem, NE

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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 Mitchell Park Plaza Apartment listed at $628.

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

The lowest price for a Cheap One Bedroom Salem Apartment is $675 at Nottingham Court Apartments.

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 $795 at Timber Creek Apartments.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Mitchell Park Plaza Apartment and starts from $1,010.

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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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.