
Cheap Homes for Rent in East Lancaster Neighborhood of Salem, OR from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the East Lancaster area of Salem.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4133-4145 Campbell Dr SE
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.

2915 Jensen St NE
East Lancaster, Salem, OR Local Guide

How much does it cost to rent a home in East Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lancaster 2 Bedroom Homes for Rent | $1,357 | $1,264 | $1,450 |
| East Lancaster 3 Bedroom Homes for Rent | $2,458 | $1,995 | $3,900 |
| East Lancaster 4 Bedroom Homes for Rent | $2,645 | $2,495 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the East Lancaster Neighborhood of Salem, OR.
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East Lancaster, Salem, OR Local Guide
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Best Value Apartments for Rent in East Lancaster, OR
As of June 10, 2026 the best value apartment in the East Lancaster area is the $1.39 price per square foot 2BR/2.5BA Model at AMBERMANOR in the in the East Lancaster neighborhood starting from $1,595. The second greatest value East Lancaster apartment is the 2x1 Model at Stonecreek Duplexes starting at $1,795 with a $1.56 price per square foot in the East Lancaster neighborhood. Here is today’s list of the best values for East Lancaster apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| AMBERMANOR | 2BR/2.5BA | 2BR,2.5BA | $1.39 |
| Stonecreek Duplexes | 2x1 | 2BR,1BA | $1.56 |
| Stafford Square Apartments | 3BR/2.0BA | 3BR,2BA | $1.52 |
| 828 25th St SE, Unit 828 | 828 25th St SE | 2BR,1BA | $1.32 |
| Park Place Apartments | 2 Bed 1 Bath Upstairs | 2BR,1BA | $1.15 |
| Park Avenue Village Apartments | 0012x1 | 2BR,1BA | $1.55 |
| BROOK HOLLOW APARTMENTS | 2x1 Upstairs | 2BR,1BA | $1.47 |
| Brighton Park | 2BR 1Bath | 2BR,2BA | $1.52 |
| Mallard Landing | 1BED1BATH | 1BR,1BA | $1.57 |
| The Court at Hawthorne | Downstairs 1 Bed | 1BR,1BA | $1.49 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleEast Lancaster, Salem, OR
Ranked #23
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East Lancaster, Salem, OR
School data provided by Great Schools
Frequently Asked Questions about East Lancaster
What type of rentals are currently available in East Lancaster?
There are currently 152 Apartments for Rent in East Lancaster, OR with pricing that ranges from $895 to $2,140. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lancaster ranging from $1,200 to $3,900.
What is the current price range for Rental Homes in East Lancaster?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lancaster ranges from $1,200 to $3,900 with an average monthly rent of $1,915.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.