
Cheap Homes for Rent in Salem, NJ from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


124 Yorke St, Unit 37

120 Yorke St

276 E Broadway, Unit A

124 Yorke St, Unit B4
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.

16 Mowery Rd

75 Hedge St

235 Wesley St

10 Baylis St

212 Sinnickson St
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.

94 Buttonwood Ave
Salem, NJ 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 | $1,504 | $1,295 | $1,885 |
| Salem 3 Bedroom Homes for Rent | $2,343 | $1,500 | $3,750 |
| Salem 4 Bedroom Homes for Rent | $2,540 | $1,850 | $3,500 |
| Salem 5 Bedroom Homes for Rent | $4,575 | $4,200 | $4,950 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, NJ Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, NJ is a 1 Bed unit found at New Castle Crossing in the New Castle Historic District neighborhood priced from $1,174. Cavalier Country Club Apartments in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Castle Crossing | Colonial | 1BR,1BA | $1,174 |
| Cavalier Country Club Apartments | 1BD Executive | 1BR,1BA | $1,220 |
| Orchard Court Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1,350 |
| Christiana Reserve | Hartley | 1BR,1BA | $1,359 |
Best Value Apartments for Rent in Salem, NJ
As of July 23, 2026 the best value apartment in the Salem area is the $1.69 price per square foot Nottingham 3x2.5 Model at Valley Stream Village Townhomes in the in the Traditions at Christiana neighborhood starting from $2,295. The second greatest value Salem apartment is the 2BR/2BA Model at The Helm and Deemers Landing starting at $2,073 with a $1.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Valley Stream Village Townhomes | Nottingham 3x2.5 | 3BR,2.5BA | $1.69 |
| The Helm and Deemers Landing | 2BR/2BA | 2BR,2BA | $1.61 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
| Orchard Court Apartments | 2 Bedroom | 2BR,1BA | $1.38 |
| Village of Canterbury Apartment Homes | Two Bedroom Deux Renovated | 2BR,2BA | $1.67 |
| Castlebrook Apartments | 2 Bed | 1.5 Bath | 2BR,1.5BA | $1.48 |
| Windsor Forest Townhomes | 1a. 2 Floor Townhome One Bedroom w/den | 1BR,1BA | $1.63 |
| The Willows at Bailey Corner | 2 Bedroom | 2BR,1BA | $1.54 |
| Christiana Reserve | Bethany | 1BR,1BA | $1.63 |
| Cavalier Country Club Apartments | 1BD Executive | 1BR,1BA | $1.67 |
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.
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.
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
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 54 Apartments for Rent in Salem, NJ with pricing that ranges from $1,127 to $3,595. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,295 to $4,950.
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 $1,295 to $4,950 with an average monthly rent of $2,740.
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 $1,330 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $3,095.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.