Cheap Apartments for Rent in Salem, NJ from $500 (34 Rentals)

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

property at 105 W Broadway

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

Studio, 1 Bath Townhome for Rent

Available Now

105 W Broadway

SalemNJ08079

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.

Read Article
property at 276 E Broadway

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

276 E Broadway

SalemNJ08079
property at 1 9th St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

1 9th St

SalemNJ08079

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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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.

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Applegate Apartments
1 to 2 Bedroom Apartments

Applegate Apartments

20 Fort Sumpter RdPennsville, NJ 08070
  • Utilities Included

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.

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Showing Results 1-34, Page 1 of 1

Salem, NJ Local Guide

Cheapest Available Salem Apartments for Rent

 

The cheapest available apartment rental in Salem, NJ is a 1 Bed unit found at Cavalier Country Club Apartments in the Meadowood neighborhood priced from $1,195. Castlebrook Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,196. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
Castlebrook ApartmentsStudio | 1 BathStudio,1BA$1,196
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
New Castle CrossingAmstel1BR,1BA$1,204
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,218
William Penn Village Apartment HomesStudio - 280 sqftStudio,1BA$1,240
Orchard Court Apartments1 Bedroom1BR,1BA$1,300
The Landing at Carneys Point1/11BR,1BA$1,350
Waterside VillageThe Arbor1BR,1BA$1,380
The Villas Apartments1BR1BR,1BA$1,385

Best Value Apartments for Rent in Salem, NJ

As of April 23, 2026 the best value apartment in the Salem area is the $1.33 price per square foot Harrington Model at Christiana Reserve in the in the Traditions at Christiana neighborhood starting from $1,814. The second greatest value Salem apartment is the 2BR/2BA Model at The Helm and Deemers Landing starting at $1,870 with a $1.45 price per square foot in the Penns Beach 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.
Christiana ReserveHarrington3BR,2BA$1.33
The Helm and Deemers Landing2BR/2BA2BR,2BA$1.45
Salem Manor ApartmentsTownhome2BR,1BA$1.15
The Garrison2 Bedroom w Balcony2BR,1BA$1.62
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.55
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
The Willows at Bailey Corner2 Bedroom2BR,1BA$1.54
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1.69
Cavalier Country Club Apartments1BD Standard1BR,1BA$1.67

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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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Salem, NJ

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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 Castlebrook Apartments listed at $1,196.

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

The lowest price for a Cheap One Bedroom Salem Apartment is $1,195 at Cavalier Country Club 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 $1,334 at New Castle Crossing.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Christiana Reserve and starts from $1,814.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.