Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (26 Rentals)

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

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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.

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247 Madrona Ave
2 Bedroom Apartments

247 Madrona Ave

247 Madrona AveSalem, OR 97302
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Hidden Hills Apartments
Studio to 2 Bedroom Apartments

Hidden Hills Apartments

3640 Liberty Rd SSalem, 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
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Holiday Hidden Lakes
Studio to 3 Bedroom Apartments

Holiday Hidden Lakes

400 Madrona Ave SESalem, OR 97302
Senior Living
  • Utilities Included
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Solista Salem
Studio to 2 Bedroom Apartments

Solista Salem

707 Madrona Ave SESalem, OR 97302
Senior Living
  • Utilities Included

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Laike Plaza
1 to 2 Bedroom Apartments

Laike Plaza

122 Hrubetz Rd SESalem, OR 97302
  • Utilities Included
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Liberty Towers
1 to 3 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
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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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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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Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

345-397 Madrona Ave SESalem, OR 97302
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3417-3438 3rd Ave SE
1 to 3 Bedroom Apartments

3417-3438 3rd Ave SE

3417-3438 3rd Ave SESalem, OR 97302
  • Utilities Included

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. Brooktree Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. 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
Brooktree Apartments2BR 1 Bath2BR,1BA$1,250
Southside Apartments2BR 1.5Bath2BR,1BA$1,345
Pinewood Terrace2 bed / 1 bath2BR,1BA$1,395
Fox Hollow Apartment Homes2x12BR,1BA$1,425
Cappella2 bed 2 bath A2BR,2BA$1,625

Best Value Apartments for Rent in Faye Wright, OR

As of December 06, 2025 the best value apartment in the Faye Wright area is the $1.32 price per square foot 2br 1.5 bath Model at Southside Apartments in the in the Sunnyslope neighborhood starting from $1,385. The second greatest value Faye Wright apartment is the 2 bed 2 bath A Model at Cappella starting at $1,625 with a $1.69 price per square foot in the Sunnyslope 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 1.5 bath2BR,1.5BA$1.32
Cappella2 bed 2 bath A2BR,2BA$1.69
Brooktree Apartments2BR 1 Bath2BR,1BA$1.30
Fox Hollow Apartment Homes2x12BR,1BA$1.61
Pinewood Terrace2 bed / 1 bath2BR,1BA$1.68
3441 3rd Ave1 Bed 1 Bath1BR,1BA$1.59

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

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 $1,250 at Brooktree 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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.