Cheap Apartments for Rent in the Central Area Salem, OR from $700 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
14th St. Courtyard
1 Bedroom Apartments

14th St. Courtyard

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

Courtney Place

220 Cottage St NESalem, OR 97301
  • Utilities Included

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.

Read Article
close
View Me
804 14th St NE
1 Bedroom Apartments

804 14th St NE

804 14th St NESalem, OR 97301
close
View Me
Koz on State
Studio to 2 Bedroom Apartments

Koz on State

121 SE Commerical StSalem, OR 97301
  • Utilities Included
close
View Me
Fountain Court
1 to 2 Bedroom Apartments

Fountain Court

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

Frances Apartments

555 Winter 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.

Read Article
Showing Results 1-28, Page 1 of 1

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. 1481 Tripp / Lee Apartments has the second lowest priced unit, which is a 1 Bed 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
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$995
Liberty Street Apartments1 Bed, 1 bath1BR,1BA$995
#375 WILLAMETTE TERRACE1x11BR,1BA$1,050
The Lee ApartmentsTLEE - Studio 370Studio,1BA$1,050
Fountain Court1/1 Compact1BR,1BA$1,095
RivenwoodThe GrainlineStudio,1BA$1,199
Parkview Apartments2x12BR,1BA$1,295
12th Street Lofts2 Beds, 1 bath2BR,1BA$1,350
South Block ApartmentsStudio A2Studio,1BA$1,465

Best Value Apartments for Rent in Central Area, OR

As of November 03, 2025 the best value apartment in the Central Area area is the $2.12 price per square foot 2x2 Balcony Model at The Meridian Apartments in the in the West Salem neighborhood starting from $2,516. The second greatest value Central Area apartment is the 1127 Broadway St NE Model at 1127 Broadway St NE, Unit 311 starting at $1,695 with a $1.47 price per square foot in the Central Area 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.
The Meridian Apartments2x2 Balcony2BR,2BA$2.12
1127 Broadway St NE, Unit 3111127 Broadway St NE2BR,2BA$1.47
12th Street Lofts2 Beds, 1 bath2BR,1BA$1.38
Liberty Street Apartments2 Beds, 1 bath2BR,1BA$1.22
Parkview Apartments2x12BR,1BA$1.48
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.24
Madison Court ApartmentsStudioStudio ,1BA$1.58
#375 WILLAMETTE TERRACE1BR/1.0BA1BR,1BA$1.93
Fountain Court1/1 Compact1BR,1BA$2.28
The Lee ApartmentsTLEE - Studio 370Studio ,1BA$2.84

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Central Area, Salem, OR

Ranked #20

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Central Area Apartments

What is the Cheapest Studio apartment in Central Area?

Currently the most affordable Cheap Studio Apartment in Central Area is at Madison Court Apartments listed at $950.

How much is rent for a Cheap One Bedroom Central Area Apartment?

The lowest price for a Cheap One Bedroom Central Area Apartment is $995 at 1481 Tripp / Lee Apartments.

What is the lowest price for a Cheap Two Bedroom Central Area Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Area is starting from $1,095 at 1481 Tripp / Lee Apartments.

What is the most affordable Central Area Three Bedroom Apartment?

The best deal on a cheap Central Area Three Bedroom Apartment rental is at #375 WILLAMETTE TERRACE and starts from $1,750.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.