Cheap Apartments for Rent in Salem, NJ from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.

115-1/2 E Broadway

New Castle Crossing

River's Bend Apartments

Orchard Court Apartments
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.

The Willows at Bailey Corner

Cavalier Country Club Apartments

Applegate Apartments
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.

Georgetown Manor Apartments

Village of Canterbury Apartment Homes

The Landing at Carneys Point

Sophias Place East

Waterside Village

The Villas Apartments

Castlebrook Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

William Penn Village Apartment Homes

Galloway Court Apartment Homes

School Bell Apartments

Appleby Apartments

Hillcrest Apartments

Colonial Village Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

413 Homestead Rd

48 Augustine Pl

1 New Jersey Ave
Salem, NJ Local Guide

How much does it cost to rent an apartment in Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Salem Studio Apartments | $1,176 | $1,115 | $1,295 |
Salem 1 Bedroom Apartments | $1,687 | $1,144 | $2,816 |
Salem 2 Bedroom Apartments | $2,099 | $1,139 | $3,624 |
Salem 3 Bedroom Apartments | $2,838 | $1,570 | $3,460 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, NJ Local Guide
- Nearby Cities
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, NJ is a Studio unit found at Orchard Court Apartments in the Penns Beach neighborhood priced from $1,130. Applegate Apartments in the Penns Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Orchard Court Apartments | Studio | Studio,1BA | $1,130 |
Applegate Apartments | One Bedroom | 1BR,1BA | $1,195 |
Village of Canterbury Apartment Homes | One Bedroom | 1BR,1BA | $1,265 |
The Landing at Carneys Point | 1/1 | 1BR,1BA | $1,295 |
Sophias Place East | 1 Bed | 1 Bath | 1BR,1BA | $1,309 |
Waterside Village | The Concord | 1BR,1BA | $1,325 |
Salem Manor Apartments | Townhome | 2BR,1BA | $1,350 |
The Villas Apartments | 1BR | 1BR,1BA | $1,385 |
Castlebrook Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,400 |
William Penn Village Apartment Homes | One Bedroom - 866 sqft | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in Salem, NJ and Nearby
As of June 24, 2025 the best value apartment in the Salem area is the $1.27 price per square foot Harrington Model at Christiana Reserve in the in the Traditions at Christiana neighborhood starting from $1,734. The second greatest value Salem apartment is the Townhome Model at Salem Manor Apartments starting at $1,350 with a $1.11 price per square foot . 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. |
---|---|---|---|
Christiana Reserve | Harrington | 3BR,2BA | $1.27 |
Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
The Helm | 1 Bedroom Deluxe | 1BR,1.5BA | $1.72 |
Windsor Forest Townhomes | 2a. Two Bedroom One Bath | 2BR,1BA | $1.72 |
The Garrison | 1 BEDROOM | 1BR,1BA | $1.57 |
William Penn Village Apartment Homes | One Bedroom - 866 sqft | 1BR,1BA | $1.64 |
Galloway Court Apartment Homes | One Bedroom | 1BR,1BA | $1.68 |
Sophias Place East | 1 Bed | 1 Bath | 1BR,1BA | $1.57 |
The Landing at Carneys Point | 1/1 | 1BR,1BA | $1.71 |
Applegate Apartments | One Bedroom | 1BR,1BA | $1.71 |
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.
Best Local Schools in Salem, NJ
Mannington Elementary School
Salem High School
Salem Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, NJ Rentals by Map
See the most popular apartments and homes in Salem, NJ
Getting Around Salem, NJ
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Orchard Court Apartments listed at $1,130.
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 Applegate 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 $1,350 at Salem Manor Apartments.
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 $1,734.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.