
Cheap Homes for Rent near Salem, NE from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


72877-72638 638 Ave

1423 Harlan St

1922 N 3rd St

407 H St

400 S Water St
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.

1216 S 2nd St

1223 Sylvanie St

2822 Jules St

402 W Eldora Ave

1116 S 2nd St

113 Court Dr
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.

1219 N 11th St
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 | $1,136 | $895 | $1,450 |
| Salem 3 Bedroom Homes for Rent | $1,276 | $345 | $2,900 |
| Salem 4 Bedroom Homes for Rent | $2,498 | $1,295 | $3,200 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coventry Apartments | 0BR/1.0BA | Studio,1BA | $650 |
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| HL29 Modern Flats | Studio | Studio,1BA | $725 |
| Clarinda West Apartments | 2 Beds, 1 Baths | 2BR,1BA | $795 |
| Loess Hills Estates Affordable Senior Housing | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cottonwood Creek | Three Bedroom | 3BR,2BA | $0.92 |
| The Brink at Ridgeview | 2 Bedroom, 2 Bathroom - 1118 SF | 2BR,2BA | $1.32 |
| Mitchell Park Plaza Apartment | B14 - Pet Free 2BD/2BA w/ Crow's nest | 2BR,2BA | $1.05 |
| Heartland Flats | Willow | 2BR,2BA | $1.19 |
| Water's Edge at the Woodlands | Canal | 2BR,2BA | $1.49 |
| Kensington Park | 5100 Attached Garage | 2BR,2BA | $1.22 |
| Brittany Village | 2 Bd | 2BR,1BA | $1.14 |
| Wilderness Brook Apartments | One Bedroom | 1BR,1BA | $1.46 |
| Clarinda West Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 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

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.

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.

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.

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.