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Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, OR from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
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Rent Specials
from $9951 to 2 Bedroom Apartments Available Now
1481 Tripp / Lee Apartments
1461-1491 Lee St SESalem, OR 97302
1365-1367-1367 Chemeketa St NE
SalemOR97301
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from $1,0451 Bedroom Apartments Contact Us For Availability
6 Nineteen Apartments
1245 Chemeketa St NESalem, OR 97301
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.
1183-1185-1185 Church St NE
SalemOR97301
875 Liberty St NE
SalemOR97301
225 Myers St S
SalemOR97302
1273 Chemeketa St NE
SalemOR97301
1265 Chemeketa St NE
SalemOR97301
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Rent Specials
from $1,259Studio to 2 Bedroom Apartments Available Now
Rivenwood
424 Center St NESalem, OR 97301
231 Myers St S
SalemOR97302
241 Myers St S
SalemOR97302
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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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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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Showing Results 1-24, Page 1 of 1
Downtown Salem, Salem, OR Local Guide
How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem Studio Apartments | $1,336 | $950 | $1,649 |
| Downtown Salem 1 Bedroom Apartments | $1,610 | $995 | $2,071 |
| Downtown Salem 2 Bedroom Apartments | $2,010 | $1,095 | $3,750 |
| Downtown Salem 3 Bedroom Apartments | $2,574 | $1,650 | $4,040 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, OR.
See all Apartments in SalemExplore Salem
Downtown Salem, Salem, OR Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Downtown Salem Apartments for Rent
The cheapest available apartment rental in the Downtown Salem 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 Downtown Salem apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $995 |
| 192-Western Village Apartments | 1x1 Upstairs | 1BR,1BA | $995 |
| The Lee Apartments | TLEE - Studio 370 | Studio,1BA | $995 |
| Rivenwood | Studio Type 1 | Studio,1BA | $1,259 |
Best Value Apartments for Rent in Downtown Salem, OR
As of July 15, 2025 the best value apartment in the Downtown Salem area is the $1.65 price per square foot 2x2 Small Model at Willamette Landing in the in the Highland neighborhood starting from $1,850. The second greatest value Downtown Salem apartment is the 2 Beds, 1 bath Model at 12th Street Lofts starting at $1,350 with a $1.38 price per square foot in the Central Area neighborhood. Here is today’s list of the best values for Downtown Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willamette Landing | 2x2 Small | 2BR,2BA | $1.65 |
| 12th Street Lofts | 2 Beds, 1 bath | 2BR,1BA | $1.38 |
| The Meridian Apartments | 2x1 Balcony | 2BR,1BA | $2.30 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
| Rivenwood | 1 x 1 Type 3 | 1BR,1BA | $2.96 |
| South Block Apartments | Studio A-1 | Studio ,1BA | $3.18 |
| The Lee Apartments | TLEE - Studio 370 | Studio ,1BA | $2.69 |
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Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Salem. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Salem Neighborhood in Salem, OR
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
58 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Salem Apartments
What is the Cheapest Studio apartment in Downtown Salem?
Currently the most affordable Cheap Studio Apartment in Downtown Salem is at Madison Court Apartments listed at $950.
How much is rent for a Cheap One Bedroom Downtown Salem Apartment?
The lowest price for a Cheap One Bedroom Downtown Salem Apartment is $995 at 192-Western Village Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Salem is starting from $1,095 at 1481 Tripp / Lee Apartments.
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.
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.
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.
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.
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.