
Cheap Homes for Rent in Salem, NE from $500 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


912 N Walnut St

1115 N College Dr

108 N Buchanan St

123.5 N Main St

609 S Dewey St

306 S Kirkwood St

518.5 W 8th St
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.

1135 1/2 N College Dr

212 W 5th St

1005 N Buchanan St

1001 N Buchanan St

1645 N Country Club Rd

222 Park Ave

1633 N Country Club Rd

519 W 8th St
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.

1135 N College Dr

1515 Felix St

1502 Jules St

1140 Central Ave

1621-1623 Prospect Ave

105 S 12th St

515 W 11th St

1914 S 15th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Salem, NE Local Guide

How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $873 | $600 | $2,095 |
| Salem 3 Bedroom Homes for Rent | $1,104 | $675 | $1,550 |
| Salem 4 Bedroom Homes for Rent | $1,983 | $1,500 | $2,450 |
| Salem 6 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, NE Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, NE is a 1 Bed unit found at Parkway Village Apartments priced from $540. Mitchell Park Plaza Apartment has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Village Apartments | 1 Bedroom | 1BR,1BA | $540 |
| Mitchell Park Plaza Apartment | S1 - Standard Studio (Pet-Free) | Studio,1BA | $600 |
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $652 |
| Park Avenue Apartments | 2 Bed | 2BR,1BA | $695 |
| HL29 Modern Flats | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Salem, NE and Nearby
As of December 26, 2025 the best value apartment in the Salem area is the $1.26 price per square foot 2 Bedroom, 2 Bathroom - 1118 SF Model at The Brink at Ridgeview in the in the Papillion La Vista neighborhood starting from $1,405. The second greatest value Salem apartment is the 5100 Building Attached garage Model at Kensington Park starting at $1,025 with a $1.14 price per square foot in the Family Acres neighborhood. 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. |
|---|---|---|---|
| The Brink at Ridgeview | 2 Bedroom, 2 Bathroom - 1118 SF | 2BR,2BA | $1.26 |
| Kensington Park | 5100 Building Attached garage | 1BR,1.5BA | $1.14 |
| Forest Cove Apartments | 2x1 | 2BR,1BA | $0.89 |
| Park Avenue Apartments | 2 Bed | 2BR,1BA | $0.87 |
| 148 Park Lane | 136 Park Ln | 1BR,1BA | $1.31 |
| Heartland Flats | Marlowe | 1BR,1BA | $1.37 |
| Cottonwood Creek | One Bedroom | 1BR,1BA | $1.04 |
| Nottingham Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.12 |
| Parkway Village Apartments | 1 Bedroom Updated | 1BR,1BA | $0.98 |
| 1010 N 16th St | 1 bedroom unit | 1BR,1BA | $1.29 |
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.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Pet Friendly LifestyleSalem, NE
Ranked #75
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, NE Rentals by Map
See the most popular apartments and homes in Salem, NE
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 52 Apartments for Rent in Salem, NE with pricing that ranges from $540 to $10,096. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $500 to $2,450.
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 $500 to $2,450 with an average monthly rent of $1,223.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $800 to $3,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $925.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!