
Cheap Senior Apartments for Rent in Salem, OR from $400 (7 Rentals)
Senior Living Rental Options.
Cheap Apartments in Salem.


192-Western Village Apartments

Waldo Terrace
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.

027-Candalaria Plaza

Meadowlawn Apartments

Fountain Court
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Wayside Apartments
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 | $1,328 | $875 | $1,749 |
| Salem 1 Bedroom Apartments | $1,321 | $895 | $2,075 |
| Salem 2 Bedroom Apartments | $1,567 | $995 | $3,750 |
| Salem 3 Bedroom Apartments | $2,140 | $1,450 | $4,040 |
| Salem 4 Bedroom Apartments | $2,100 | $1,800 | $2,400 |
Explore Salem
Salem, OR Local Guide
- Salem Neighborhoods
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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.
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, OR
Morningside Elementary School
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 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 $845 at 192-Western Village 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 Z_Campus Court Apartments and starts from $1,342.
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

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.

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.

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.

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.