Cheap Homes for Rent near Salem, NE from $300 (13 Rentals)

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Search the lowest-cost Homes 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.

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.

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 Coventry Apartments in the Buchanan County neighborhood priced from $650. 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
Coventry Apartments0BR/1.0BAStudio,1BA$650
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
HL29 Modern FlatsStudioStudio,1BA$725
Clarinda West Apartments2 Beds, 1 Baths2BR,1BA$795
Loess Hills Estates Affordable Senior HousingStudioStudio,1BA$871

Best Value Apartments for Rent in Salem, NE and Nearby

As of August 02, 2026 the best value apartment in the Salem area is the $0.92 price per square foot Three Bedroom Model at Cottonwood Creek in the in the Buchanan County neighborhood starting from $1,039. 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.
Cottonwood CreekThree Bedroom3BR,2BA$0.92
The Brink at Ridgeview2 Bedroom, 2 Bathroom - 1118 SF2BR,2BA$1.32
Mitchell Park Plaza ApartmentB14 - Pet Free 2BD/2BA w/ Crow's nest2BR,2BA$1.05
Heartland FlatsWillow2BR,2BA$1.19
Water's Edge at the WoodlandsCanal2BR,2BA$1.49
Kensington Park5100 Attached Garage2BR,2BA$1.22
Brittany Village2 Bd2BR,1BA$1.14
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

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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Frequently Asked Questions about Salem

What type of rentals are currently available in Salem?

There are currently 54 Apartments for Rent in Salem, NE with pricing that ranges from $550 to $3,285. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $345 to $3,200.

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 $345 to $3,200 with an average monthly rent of $1,196.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.