Cheap Apartments for Rent in Salem, OR from $400 with Washer/Dryer (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Salem.

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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Cedar Court
2 Bedroom Apartments

Cedar Court

3450 Silvercedar Pl NESalem, OR 97305
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Silverpark Apartments
2 Bedroom Apartments

Silverpark Apartments

3563 Silverpark Pl NESalem, OR 97305
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Liberty Towers
2 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
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Ridgeland
2 Bedroom Apartments

Ridgeland

4321-4375 Center St NESalem, OR 97301
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Deer Creek Crossing
1 to 3 Bedroom Apartments

Deer Creek Crossing

1520-1580 Wallace Rd NWSalem, OR 97304
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Madras Apartments
2 Bedroom Apartments

Madras Apartments

1701 Madras St SESalem, OR 97306
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Koz on State
Studio to 2 Bedroom Apartments

Koz on State

121 SE Commerical StSalem, OR 97301
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Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

345-397 Madrona Ave SESalem, OR 97302
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Village East Apartments
2 to 3 Bedroom Apartments

Village East Apartments

108 Village East Way SESalem, OR 97317
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sandalwood Apartments
1 to 2 Bedroom Apartments

Sandalwood Apartments

3963 Etta Dr NESalem, OR 97305
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Cheryl Lynn
2 Bedroom Apartments

Cheryl Lynn

4822-4899 Cheryl Lynn Way NESalem, OR 97305
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Windsor Court
2 Bedroom Apartments

Windsor Court

1065-1195 Willow Lake Rd NKeizer, OR 97303
  • Utilities Included

Salem, OR Local Guide

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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Getting Around Salem, OR

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

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 $1,030.

What is the price of a cheap apartment in Salem?

The cheapest apartment in Salem is Brighton Park which is listed at $899, while the average apartment in Salem costs $2,267.

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 50 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 $169 which is $2,098 cheaper than the average rent for all rentals in Salem.

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.