Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (14 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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Hidden Hills Apartments
Studio to 2 Bedroom Apartments

Hidden Hills Apartments

3640 Liberty Rd SSalem, OR 97302
  • Utilities Included
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Liberty Towers
1 to 3 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
  • Utilities Included

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.

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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
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The Arboretum
1 to 2 Bedroom Apartments

The Arboretum

3865 Liberty Rd SSalem, OR 97302
  • Utilities Included

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.

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 1.5bth2BR,1BA$1,365
Fox Hollow Apartment Homes2x12BR,1BA$1,425
Pinewood Terrace2 bed / 1 bath2BR,1BA$1,499

Best Value Apartments for Rent in Faye Wright, OR

As of January 11, 2026 the best value apartment in the Faye Wright area is the $1.51 price per square foot RIP 2 BEDROOM, 2 BATH W/FP & GARAGE Model at Ripplingbrook Terrace in the in the Sunnyslope neighborhood starting from $1,695. The second greatest value Faye Wright apartment is the 2br 1.5 bath Model at Southside Apartments starting at $1,385 with a $1.32 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 W/FP & GARAGE2BR,2BA$1.51
Southside Apartments2br 1.5 bath2BR,1.5BA$1.32
Brooktree Apartments2BR 1 Bath2BR,1BA$1.30
Fox Hollow Apartment Homes2x12BR,1BA$1.61
Pinewood Terrace2 bed / 1 bath2BR,1BA$1.81
3441 3rd Ave1 Bed 1 Bath1BR,1BA$1.59

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

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

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

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.

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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!