
Cheap Homes for Rent in Salem, NM from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


310 Waring Rd

910 Van Patten Ave
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.

1156 Campo - Campo 1

117 E Cambridge Dr

4528 Codorniz St
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.
Salem, NM 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 | $1,367 | $900 | $1,695 |
Salem 3 Bedroom Homes for Rent | $1,672 | $1,100 | $2,100 |
Salem 4 Bedroom Homes for Rent | $2,196 | $1,875 | $2,750 |
Salem 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, NM is a 1 Bed unit found at Mountain Springs Pointe in the Downtown Las Cruces neighborhood priced from $700. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Salem apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $700 |
Casitas at 805 N 17Th St. | Studio | Studio,1BA | $725 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $755 |
Best Value Apartments for Rent in Salem, NM and Nearby
As of June 21, 2025 the best value apartment in the Salem area is the $1.37 price per square foot The Campania Model at Tuscany Villa and Estates in the starting from $1,680. The second greatest value Salem apartment is the 2 bedroom 1.5 bath townhome - Colony Garden Model at Colony Mesa Apartments starting at $1,025 with a $0.87 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. |
---|---|---|---|
Tuscany Villa and Estates | The Campania | 2BR,2BA | $1.37 |
Colony Mesa Apartments | 2 bedroom 1.5 bath townhome - Colony Garden | 2BR,1.5BA | $0.87 |
Pavilions At University | Aggie | 2BR,2BA | $1.06 |
Woodcrest Apartments | 2 Bedroom | 2BR,2BA | $1.12 |
The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.30 |
700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
Santa Teresa Terrace | 2 Bed, 1 Bath | 2BR,1BA | $1.37 |
Sierra Verde | La Sierra | 1BR,1BA | $1.30 |
Three Sisters Apts - Income Restrictions | One Bedroom | 1BR,1BA | $1.30 |
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.
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 34 Apartments for Rent in Salem, NM with pricing that ranges from $650 to $2,750. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $600 to $2,750.
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 $600 to $2,750 with an average monthly rent of $1,543.
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.