
Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $850 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Faye Wright area of Salem.


Sunnyside Village Apartments

Twin Oaks Apartments

Southside Apartments

FOX HOLLOW APARTMENTS

Cappella

Pinewood Terrace
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Rolling Hills Townhouses

Rippling Brook Terrace

4870-4874-4874 Sunnyside Rd SE

126 Mize Rd SE

225 Kashmir Ct SE

Hidden Hills Apartments

Liberty Towers
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

086-Friendship Court Apartments

Heritage Hills

Park Knoll Apartments

Valley Brook Apartments

Madrona Place

Grand Oaks Apartments

Brooktree Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Arboretum

3874 Liberty Rd S

Silverwood Apartments

Cedar Heights Apartments

3417-3438 3rd Ave SE

New Luxury Apartments in South Salem

620-630 Browning Ave S
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.

3566 Halifax Square SE

Holiday Hidden Lakes

Solista Salem
Faye Wright, Salem, OR Local Guide

How much does it cost to rent an apartment in Faye Wright?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faye Wright Studio Apartments | $1,371 | $1,371 | $1,371 |
| Faye Wright 1 Bedroom Apartments | $1,150 | $995 | $1,506 |
| Faye Wright 2 Bedroom Apartments | $1,506 | $1,150 | $1,800 |
| Faye Wright 3 Bedroom Apartments | $1,946 | $1,800 | $2,045 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Faye Wright Neighborhood of Salem, OR.
See all Apartments in SalemExplore Salem
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. Sunnyside Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Faye Wright apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Sunnyside Village Apartments | One bedroom One bath garden apartment | 1BR,1BA | $1,025 |
| 086-Friendship Court Apartments | 1x1 | 1BR,1BA | $1,050 |
| FOX HOLLOW APARTMENTS | 2x1 Upstairs | 2BR,1BA | $1,325 |
| Cappella | Studio | Studio,1BA | $1,325 |
| Southside Apartments | 2br 1.5 bath | 2BR,1BA | $1,365 |
| Pinewood Terrace | 2 Bedroom 1 Bath - 82891 | 2BR,1BA | $1,395 |
| Rolling Hills Townhouses | The Alder - 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $1,550 |
| 620-630 Browning Ave S | 3BR/1.5BA | 3BR,1BA | $1,895 |
Best Value Apartments for Rent in Faye Wright, OR
As of September 04, 2026 the best value apartment in the Faye Wright area is the $1.72 price per square foot 3BR/1.5BA Model at 620-630 Browning Ave S in the in the Sunnyslope neighborhood starting from $1,895. The second greatest value Faye Wright apartment is the 2br 1.5 bath Model at Southside Apartments starting at $1,365 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 620-630 Browning Ave S | 3BR/1.5BA | 3BR,1.5BA | $1.72 |
| Southside Apartments | 2br 1.5 bath | 2BR,1.5BA | $1.30 |
| Rolling Hills Townhouses | The Alder - 2 Bed, 1.5 Bath - FULLY REMODELED | 2BR,1.5BA | $1.89 |
| FOX HOLLOW APARTMENTS | 2x1 Upstairs | 2BR,1BA | $1.50 |
| Pinewood Terrace | 2 Bedroom 1 Bath - 82851 | 2BR,1BA | $1.99 |
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,1BA | $1.59 |
| Sunnyside Village Apartments | One bedroom One bath garden apartment | 1BR,1BA | $1.78 |
| Cappella | Studio | Studio ,1BA | $2.41 |
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 $1,150 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.