Cheap New Apartments for Rent in Salem, OR from $400 (33 Rentals)

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Fruitland Meadow
Rent Specials
$1,223 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,223 - $1,802
Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available Now

Fruitland Meadow

5164 SE Caplinger RdSalem, OR 97317
Affordability
  • Verified
  • Utilities Included
  • Low Income

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.

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Spring Woods
Rent Specials
$1,475 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $1,550
Total Monthly Price
Varies
Built in 20241 to 3 Bedroom Apartments Available Now

Spring Woods

4040 Hayesville Dr NESalem, OR 97305
Affordability
  • Verified
  • 3D Tour

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.

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Courtney Place
Built in 20241 to 2 Bedroom Apartments

Courtney Place

220 Cottage St NESalem, OR 97301
  • Utilities Included
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Cornerstone
Built in 2020Studio to 3 Bedroom Apartments

Cornerstone

2540 Rose Garden St NESalem, OR 97301
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Koz on State
Built in 2020Studio to 2 Bedroom Apartments

Koz on State

260 State StSalem, OR 97301
  • Utilities Included
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Cartwright Apartments
Built in 2025Studio to 2 Bedroom Apartments

Cartwright Apartments

120 Bush St SSalem, OR 97302

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.

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Fisher Park Apartments
Built in 20231 to 3 Bedroom Apartments

Fisher Park Apartments

4370-4374 Fisher Rd NESalem, OR 97305
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Hawthorne Place
Built in 20171 to 3 Bedroom Apartments

Hawthorne Place

4225-4265 Hawthorne Ave NESalem, OR 97301
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Pleasant View Apartments
Built in 20181 to 2 Bedroom Apartments

Pleasant View Apartments

3655 Pleasant View Dr NEKeizer, OR 97303
  • Smoke Free
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Cherry City Crossing
Built in 20221 to 3 Bedroom Apartments

Cherry City Crossing

3930-3960 Cherry Ave NEKeizer, OR 97303
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Creeks Edge
Built in 20241 to 2 Bedroom Apartments

Creeks Edge

5724 River Rd NKeizer, OR 97303
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Plymouth Duster
Built in 20232 Bedroom Apartments

Plymouth Duster

621-647 Plymouth Dr NEKeizer, OR 97303
  • Utilities Included

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.

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Clearview
Built in 20231 to 2 Bedroom Apartments

Clearview

1075 Clearview Ave NEKeizer, OR 97303
Showing Results 1-33, Page 1 of 1

Salem, OR Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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 Madison Court Apartments listed at $950.

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $694 at Oakhill 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 $966 at Sunnyslope Manor.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Orchard Park Apartments and starts from $1,358.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.