Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Faye Wright 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.

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Liberty Towers
2 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
  • Utilities Included

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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Park Knoll Apartments
1 to 2 Bedroom Apartments

Park Knoll Apartments

1001-1097 Hermitage Way SSalem, OR 97302
  • Utilities Included
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Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

345-397 Madrona Ave SESalem, OR 97302
  • Utilities Included
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The Arboretum
1 to 2 Bedroom Apartments

The Arboretum

3865 Liberty Rd SSalem, OR 97302
  • Utilities Included

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.

Cheapest Available Faye Wright Apartments for Rent

 

The cheapest available apartment rental in the Faye Wright area of Salem, OR is a 1 Bed unit found at 3441 3rd Ave priced from $995. Peace Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Faye Wright apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
3441 3rd Ave1 Bed 1 Bath1BR,1BA$995
Peace Street1 Bedroom1BR,1BA$1,050
Vista Pointe Luxury Apartments2x12BR,1BA$1,240
Fox Hollow Apartment Homes1x11BR,1BA$1,299
Battle Creek Lodge Apartments2 BEDROOM2BR,1BA$1,300

Best Value Apartments for Rent in Faye Wright, OR

As of June 17, 2025 the best value apartment in the Faye Wright area is the $1.28 price per square foot 2BR 1.5Bath Model at Southside Apartments in the in the Southeast Mill Creek neighborhood starting from $1,345. The second greatest value Faye Wright apartment is the 2 Bed 2 Bath B Model at Encore Apartments starting at $1,640 with a $1.59 price per square foot in the Southeast Mill Creek neighborhood. Here is today’s list of the best values for Faye Wright apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southside Apartments2BR 1.5Bath2BR,1.5BA$1.28
Encore Apartments2 Bed 2 Bath B2BR,2BA$1.59
Cappella2 bed 2 bath B2BR,2BA$1.65
Battle Creek Lodge Apartments2 BEDROOM2BR,1BA$1.30
WHITE OAK LUXURY APARTMENTS2 x 2 A2BR,2BA$1.76
Pinewood Terrace2 bed / 1 bath2BR,1BA$1.85
Vista Pointe Luxury Apartments1x11BR,1BA$1.77
Fox Hollow Apartment Homes1x11BR,1BA$1.78
Gateway Village Apartments1 bed 1 bath A The Santiam1BR,1BA$1.92
3441 3rd Ave1B ed 1Bath W/D1BR,1BA$1.75

Getting Around the Faye Wright Neighborhood in Salem, OR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Faye Wright Apartments

How much is rent for a Cheap One Bedroom Faye Wright Apartment?

The lowest price for a Cheap One Bedroom Faye Wright Apartment is $995 at 3441 3rd Ave.

What is the lowest price for a Cheap Two Bedroom Faye Wright Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Faye Wright is starting from $1,195 at 3441 3rd Ave.

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

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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

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