
Cheap Homes for Rent in Salem, NJ from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


105 W Broadway

276 E Broadway

124 Yorke St, Unit 37

380 E Broadway

190 7th St
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.

1 9th St

81 S Broadway

733 Center St

235 Wesley St

216 Highland Blvd

1219 B 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.
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 | $1,513 | $1,350 | $1,900 |
| Salem 3 Bedroom Homes for Rent | $2,320 | $1,600 | $3,099 |
| Salem 4 Bedroom Homes for Rent | $2,933 | $2,700 | $3,100 |
| Salem 5 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
Browse Top Homes for Rent in Salem
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Salem, NJ Local Guide
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Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, NJ is a 1 Bed unit found at Georgetown Manor Apartments in the Traditions at Christiana neighborhood priced from $1,200. New Castle Crossing in the New Castle Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,204. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1,200 |
| New Castle Crossing | Amstel | 1BR,1BA | $1,204 |
| Castlebrook Apartments | Studio | 1 Bath | Studio,1BA | $1,242 |
| William Penn Village Apartment Homes | Studio - 280 sqft | Studio,1BA | $1,275 |
| Village of Canterbury Apartment Homes | One Bedroom | 1BR,1BA | $1,278 |
Best Value Apartments for Rent in Salem, NJ
As of June 08, 2026 the best value apartment in the Salem area is the $1.48 price per square foot 2BR/2BA Model at The Helm and Deemers Landing in the in the Penns Beach neighborhood starting from $1,914. 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. |
|---|---|---|---|
| The Helm and Deemers Landing | 2BR/2BA | 2BR,2BA | $1.48 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
| Windsor Forest Townhomes | 2a. Two Bedroom One Bath | 2BR,1BA | $1.55 |
| Orchard Court Apartments | 2 Bedroom | 2BR,1BA | $1.38 |
| Sophias Place East | 2 Bed | 2 Bath | 2BR,2BA | $1.66 |
| Cavalier Country Club Apartments | 2BD | 2BR,2BA | $1.45 |
| The Willows at Bailey Corner | 2 Bedroom | 2BR,1BA | $1.54 |
| Christiana Reserve | Hartley | 1BR,1BA | $1.60 |
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Village of Canterbury Apartment Homes | One Bedroom | 1BR,1BA | $1.78 |
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 51 Apartments for Rent in Salem, NJ with pricing that ranges from $1,130 to $3,520. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $950 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 $950 to $4,950 with an average monthly rent of $2,348.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.