Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (33 Rentals)

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

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.

property at 837 Woodmansee Ct SE

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

3 Bedroom, 1.5 Bath Home for Rent

Available Aug 10

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.

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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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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.

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The Arboretum
1 to 2 Bedroom Apartments

The Arboretum

3865 Liberty Rd SSalem, 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
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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
  • Utilities Included

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.

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. 086-Friendship Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Faye Wright apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Sunnyside Village ApartmentsOne bedroom One bath garden apartment1BR,1BA$1,025
086-Friendship Court Apartments1x11BR,1BA$1,100
Twin Oaks Apartments2BR/1.0BA2BR,1BA$1,250
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1,295
Southside Apartments2br 1.5bth2BR,1BA$1,345
Silverwood Apartments2BR/2.0BA2BR,2BA$1,350
CappellaStudioStudio,1BA$1,371
Cedar Heights ApartmentsUpstairs Unit2BR,1BA$1,445
Rippling Brook TerraceRIP 2 BEDROOM, 1.5 BATH TOWNHOUSE - SMALL2BR,1BA$1,495
Rolling Hills TownhousesThe Alder - 2 Bedroom 1.5 Bath Townhouse2BR,1BA$1,550

Best Value Apartments for Rent in Faye Wright, OR

As of July 21, 2026 the best value apartment in the Faye Wright area is the $1.28 price per square foot 2br 1.5bth Model at Southside Apartments in the in the Sunnyslope neighborhood starting from $1,345. The second greatest value Faye Wright apartment is the Furnished Two-Story Townhouse 2BR 1.5BATH | Pet... Model at Rolling Hills Townhouses 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 1.5bth2BR,1.5BA$1.28
Rolling Hills TownhousesFurnished Two-Story Townhouse 2BR 1.5BATH | Pet...2BR,1.5BA$1.69
Silverwood Apartments2BR/2.0BA2BR,2BA$1.42
Twin Oaks Apartments2BR/1.0BA2BR,1BA$1.37
Rippling Brook TerraceRIP 2 BEDROOM, 1.5 BATH TOWNHOUSE - SMALL2BR,1.5BA$1.66
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1.51
Cedar Heights ApartmentsUpstairs Unit2BR,1BA$1.70
Sunnyside Village ApartmentsFully Furnished 2 Bedroom 1 Bath Unit2BR,1BA$2.14
CappellaStudioStudio ,1BA$2.50

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 $1,250 at Twin Oaks 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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.