Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (32 Rentals)

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

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Hidden Hills Apartments
Studio to 2 Bedroom Apartments

Hidden Hills Apartments

3640 Liberty Rd SSalem, OR 97302
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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
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Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

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

The Arboretum

3865 Liberty Rd SSalem, OR 97302
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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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3417-3438 3rd Ave SE
1 to 3 Bedroom Apartments

3417-3438 3rd Ave SE

3417-3438 3rd Ave SESalem, OR 97302
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Laike Plaza
1 to 2 Bedroom Apartments

Laike Plaza

122 Hrubetz Rd SESalem, OR 97302
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Holiday Hidden Lakes
Studio to 3 Bedroom Apartments

Holiday Hidden Lakes

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

Solista Salem

707 Madrona Ave SESalem, OR 97302
Senior Living
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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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Showing Results 1-32, Page 1 of 1

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 Sunnyside Village Apartments priced from $1,025. 3441 3rd Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here are the most affordable Faye Wright apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Sunnyside Village Apartments1 bedroom 1 bath - Unremodeled1BR,1BA$1,025
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1,095
086-Friendship Court Apartments1x11BR,1BA$1,100
FOX HOLLOW APARTMENTS1x1 Upstairs1BR,1BA$1,199
Brooktree Apartments2BR 1 Bath2BR,1BA$1,250
Southside Apartments2BR 1.5Bath2BR,1BA$1,295
Silverwood Apartments2BR/2.0BA2BR,2BA$1,350
Cedar Heights ApartmentsUpstairs Unit2BR,1BA$1,545
Rolling Hills Townhouses2 Bedroom 1.5 Bath Townhouse2BR,1BA$1,550
Ripplingbrook TerraceRIP 2 BEDROOM, 2 BATH - LARGE W/FP2BR,2BA$1,650

Best Value Apartments for Rent in Faye Wright, OR

As of April 21, 2026 the best value apartment in the Faye Wright area is the $1.42 price per square foot RIP 2 BEDROOM, 2 BATH - LARGE W/FP Model at Ripplingbrook Terrace in the in the Sunnyslope neighborhood starting from $1,650. The second greatest value Faye Wright apartment is the 2br 1.5 bath Model at Southside Apartments starting at $1,380 with a $1.31 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.
Ripplingbrook TerraceRIP 2 BEDROOM, 2 BATH - LARGE W/FP2BR,2BA$1.42
Southside Apartments2br 1.5 bath2BR,1.5BA$1.31
Cappella2 bed 2 bath B2BR,2BA$1.66
Brooktree Apartments2BR 1 Bath2BR,1BA$1.30
Rolling Hills TownhousesFurnished ~ 2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.69
Silverwood Apartments2BR/2.0BA2BR,2BA$1.42
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1.28
Cedar Heights ApartmentsUpstairs Unit2BR,1BA$1.82
FOX HOLLOW APARTMENTS1x1 Upstairs1BR,1BA$1.65
Sunnyside Village ApartmentsFully Furnished 2 Bedroom 1 Bath Unit2BR,1BA$2.21

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 $1,025 at Sunnyside Village 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 $1,095 at 3441 3rd Ave.

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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.