1367 Commercial St SE
SalemOR97302
Cheap Homes for Rent in Downtown Salem Neighborhood of Salem, OR from $800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Salem 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.
233 Kearney St S
SalemOR97302
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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Downtown Salem, Salem, OR Local Guide
How much does it cost to rent a home in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem 2 Bedroom Homes for Rent | $1,671 | $1,295 | $1,895 |
| Downtown Salem 3 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, OR.
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Best Value Apartments for Rent in Downtown Salem, OR
As of June 22, 2025 the best value apartment in the Downtown Salem area is the $1.94 price per square foot 2x2 Den Model at The Meridian Apartments in the in the West Salem neighborhood starting from $3,750. The second greatest value Downtown Salem apartment is the C1-2X2 Model at The Court Yard starting at $2,685 with a $1.86 price per square foot in the West Salem 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. |
|---|---|---|---|
| The Meridian Apartments | 2x2 Den | 2BR,2BA | $1.94 |
| The Court Yard | C1-2X2 | 2BR,2BA | $1.86 |
| Willamette Landing | 2x2 Small | 2BR,2BA | $1.65 |
| 1127 Broadway St NE, Unit 212 | 1127 Broadway St NE | 2BR,2BA | $1.54 |
| WALLACE PARK APARTMENTS (03) | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.37 |
| 12th Street Lofts | 2 Beds, 1 bath | 2BR,1BA | $1.38 |
| 772 Cottage St NE | 772 Cottage St NE | 2BR,1BA | $1.54 |
| 776 Cottage St NE, Unit 776 | 776 Cottage St NE | 2BR,1BA | $1.64 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
Frequently Asked Questions about Downtown Salem
What type of rentals are currently available in Downtown Salem?
There are currently 180 Apartments for Rent in Downtown Salem, OR with pricing that ranges from $950 to $4,040. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salem ranging from $875 to $2,050.
What is the current price range for Rental Homes in Downtown Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Salem ranges from $875 to $2,050 with an average monthly rent of $1,460.
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.