Apartments for Rent in Salem, OR Under $1,500 (281 Rentals)

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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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Willamette Park
Rent Specials
$1,422 - $1,895
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$1,422 - $1,895
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2 to 3 Bedroom Apartments Available Now

Willamette Park

825 Harritt Dr NWSalem, OR 97304
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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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Woodbrook Apartments
Rent Specials
$1,399 - $1,479
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$1,399 - $1,479
Total Monthly Price
$1,399 - $1,479
2 Bedroom Apartments Available Now

Woodbrook Apartments

3215-3295 Felina Ave NESalem, OR 97301
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Spring Woods
Rent Specials
$1,325 - $1,995
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$1,325 - $1,995
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1 to 3 Bedroom Apartments Available Now

Spring Woods

4040 Hayesville Dr NESalem, OR 97305
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Stoneway Apartments
Rent Specials
$1,250 - $1,545
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Total Monthly Price

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$1,250 - $1,545
Total Monthly Price
$1,250 - $1,545
2 Bedroom Apartments Available Now

Stoneway Apartments

132 -188 Stoneway Dr NWSalem, OR 97304
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Rivenwood
Rent Specials
$1,249 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $1,799
Total Monthly Price
$1,249 - $1,799
Studio to 2 Bedroom Apartments Available Now

Rivenwood

424 Center St NESalem, OR 97301
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Salem, OR Local Guide

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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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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Salem, OR
Population: 173,442

Ranked #149

in US Census Population by City

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Best Local Schools in
Salem, OR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salem, OR Rentals by Map

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See the most popular apartments and homes in Salem, OR

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Frequently Asked Questions about Salem

How much are Studio apartments in Salem?

There are currently 264 Studio Apartments in Salem with rent ranges from $875 to $1,749 with an average price of $1,312.

What is the current price range for One Bedroom Salem Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Salem ranges from $895 to $2,075 with an average monthly rent of $1,331.

What does renting a Two Bedroom Apartment in Salem cost?

The monthly rent prices of Two Bedroom Apartments currently available in Salem range from $995 to $3,750. Today's average rental price for Two Bedrooms here is $1,550.

How expensive are Salem Three Bedroom Apartments?

There are currently 165 Three Bedroom Apartments listings available in Salem on ApartmentHomeLiving.com. The pricing ranges from $1,450 to $4,040 - averaging $2,054 for the location.

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

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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.

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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.