Cheap Apartments for Rent in the Central Area Salem, OR from $700 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Area area of Salem.

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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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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14th St. Courtyard
1 Bedroom Apartments

14th St. Courtyard

830-854 14th St NESalem, OR 97301
  • Utilities Included
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Courtney Place
1 to 2 Bedroom Apartments

Courtney Place

220 Cottage St NESalem, OR 97301
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804 14th St NE
1 Bedroom Apartments

804 14th St NE

804 14th St NESalem, OR 97301

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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Koz on State
Studio to 2 Bedroom Apartments

Koz on State

121 SE Commerical StSalem, OR 97301
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Fountain Court
1 to 2 Bedroom Apartments

Fountain Court

928-990 Fir St SSalem, OR 97302
Senior Living
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Frances Apartments
Studio to 1 Bedroom Apartments

Frances Apartments

555 Winter St NESalem, OR 97301

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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Central Area, Salem, OR Local Guide

Cheapest Available Central Area Apartments for Rent

 

The cheapest available apartment rental in the Central Area area of Salem, OR is a Studio unit found at Madison Court Apartments priced from $950. The Lee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Central Area apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Madison Court ApartmentsStudioStudio,1BA$950
The Lee ApartmentsTLEE - Studio 370Studio,1BA$995
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$995
Liberty Street Apartments1 Bed, 1 bath1BR,1BA$999
#375 WILLAMETTE TERRACE1x11BR,1BA$1,085

Best Value Apartments for Rent in Central Area, OR

As of February 21, 2026 the best value apartment in the Central Area area is the $1.66 price per square foot 1094 15th St SE Model at 1094 15th St SE in the in the Central Area neighborhood starting from $2,150. The second greatest value Central Area apartment is the 2 Bedroom 1 Bathroom Model at WALLACE PARK APARTMENTS (03) starting at $1,395 with a $1.41 price per square foot in the West Salem neighborhood. Here is today’s list of the best values for Central Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1094 15th St SE1094 15th St SE3BR,2BA$1.66
WALLACE PARK APARTMENTS (03)2 Bedroom 1 Bathroom2BR,1BA$1.41
12th Street Lofts2 bed 1 bath - 1st Floor2BR,1BA$1.42
Liberty Street Apartments2 Beds, 1 bath2BR,1BA$1.31
Parkview Apartments2x12BR,1BA$1.60
#375 WILLAMETTE TERRACE2BR/1.0BA2BR,1BA$2.22
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.24
Madison Court ApartmentsStudioStudio ,1BA$1.58
The Court YardA2-STUStudio ,1BA$2.65
Fountain Court1/1 Compact1BR,1BA$2.28

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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Pet Friendly Lifestyle
Central Area, Salem, OR

Ranked #21

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.