Cheap Homes for Rent in Central Area Salem, OR from $800 (5 Rentals)

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

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.

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.

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
RivenwoodStudio Type 1Studio,1BA$1,259

Best Value Apartments for Rent in Central Area, OR

As of July 29, 2025 the best value apartment in the Central Area area is the $1.38 price per square foot 2 Beds, 1 bath Model at 12th Street Lofts in the in the Central Area neighborhood starting from $1,350. The second greatest value Central Area apartment is the 2x1 Model at Parkview Apartments starting at $1,450 with a $1.66 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.
12th Street Lofts2 Beds, 1 bath2BR,1BA$1.38
Parkview Apartments2x12BR,1BA$1.66
1481 Tripp / Lee ApartmentsOne Bed1BR,1BA$1.24
Madison Court ApartmentsStudioStudio ,1BA$1.58
Rivenwood1 x 1 Type 31BR,1BA$2.96
South Block ApartmentsStudio A-1Studio ,1BA$3.02

Quick Rent Budget Calculator

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Frequently Asked Questions about Central Area

What type of rentals are currently available in Central Area?

There are currently 174 Apartments for Rent in Central Area, OR with pricing that ranges from $950 to $4,040. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Area ranging from $875 to $3,700.

What is the current price range for Rental Homes in Central Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Area ranges from $875 to $3,700 with an average monthly rent of $2,050.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.