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$1,199 - $1,899
Total Monthly Price
Built in 2024Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,899
Total Monthly Price
$1,199 - $1,899
Rivenwood
424 Center St NESalem, OR 97301
Cheap New Apartments for Rent in Salem, OR from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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$1,295 - $1,495Built in 20201 to 2 Bedroom Apartments Available Aug 6
Cherry Glen Apartments
3568 Cherry Glen Pl NESalem, OR 97305
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$1,302 - $2,190Built in 2025Studio to 3 Bedroom Apartments Available Now
Eastpark Apartment Homes
102 Greencrest St NESalem, OR 97301
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$1,371 - $1,771Built in 2018Studio to 2 Bedroom Apartments Available Now
Cappella
4752 Liberty Rd SSalem, OR 97302
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$1,391 - $2,309Built in 2022Studio to 3 Bedroom Apartments Available Now
Northplace Apartment Homes
5115 Countryside Dr NESalem, OR 97305
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$1,395Built in 20162 Bedroom Apartments Available Now
RIVER VALLEY TERRACE
644 River Valley Dr NWSalem, OR 97304
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.
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$1,399 - $1,802
Total Monthly Price
Built in 2018Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $1,802
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Fruitland Meadow
5164 SE Caplinger RdSalem, OR 97317
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Built in 20241 to 2 Bedroom Apartments
Courtney Place
220 Cottage St NESalem, OR 97301
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Built in 2020Studio to 3 Bedroom Apartments
Cornerstone
2540 Rose Garden St NESalem, OR 97301
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Built in 20201 to 2 Bedroom Apartments
Claxter Crossing Apartments
4253 Claxter CtSalem, OR 97301
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Built in 2021Studio to 2 Bedroom Apartments
Koz on State
260 State StSalem, OR 97301
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Built in 2025Studio to 2 Bedroom Apartments
Cartwright Apartments
120 Bush St SSalem, OR 97302
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.
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Built in 20211 to 3 Bedroom Apartments
Shepherds Crossing Apartments
4433-4437 Mahrt Ave SESalem, OR 97317
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Built in 20231 to 3 Bedroom Apartments
Fisher Park Apartments
4370-4374 Fisher Rd NESalem, OR 97305
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Built in 20171 to 3 Bedroom Apartments
Hawthorne Place
4225-4265 Hawthorne Ave NESalem, OR 97301
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Built in 20201 to 3 Bedroom Apartments
The Grove Apartments
3955 Outward RdSalem, OR 97302
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Built in 20181 to 2 Bedroom Apartments
Pleasant View Apartments
3655 Pleasant View Dr NEKeizer, OR 97303
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Built in 20161 to 3 Bedroom Apartments
Keizer Station Apartments
5500 McLeod Ln NEKeizer, OR 97303
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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Built in 20221 to 3 Bedroom Apartments
Cherry City Crossing
3930-3960 Cherry Ave NEKeizer, OR 97303
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Built in 20241 to 2 Bedroom Apartments
Creeks Edge
5724 River Rd NKeizer, OR 97303
Showing Results 1-20, Page 1 of 1
Salem, OR Local Guide
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $1,361 | $500 | $1,749 |
| Salem 1 Bedroom Apartments | $1,369 | $950 | $2,095 |
| Salem 2 Bedroom Apartments | $1,584 | $995 | $3,750 |
| Salem 3 Bedroom Apartments | $2,160 | $1,495 | $4,040 |
| Salem 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Salem
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Salem, OR Local Guide
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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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Real 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.
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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, ORPopulation: 173,442
Ranked #149
in US Census Population by City
Best Local Schools in Salem, OR
Morningside Elementary School
Salem-Keizer School District 24j
Public School - Grades K-5 (311)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, OR Rentals by Map
See the most popular apartments and homes in Salem, OR
Frequently Asked Questions about Cheap Salem Apartments
What is a cheap apartment in Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salem is under $995.
What is the price of a cheap apartment in Salem?
The cheapest apartment in Salem is 192-Western Village Apartments which is listed at $845, while the average apartment in Salem costs $2,214.
What types of apartments are the cheapest in Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Salem?
Cheap apartments in Salem have an average cost of $211 which is $2,003 cheaper than the average rent for all rentals in Salem.
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
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.
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.