
Cheap Apartments for Rent in the Faye Wright Neighborhood of Salem, OR from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Faye Wright area of Salem.


868 Charles Ave S

Twin Oaks Apartments

Brooktree Apartments

Heritage Hills Apartments

Hidden Hills Apartments

Liberty Towers
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.

Park Knoll Apartments

Valley Brook Apartments

Madrona Place

086-Friendship Court Apartments

Grand Oaks Apartments

Silverwood Apartments

The Arboretum
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.
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 1 Bedroom Apartments | $1,203 | $995 | $1,425 |
| Faye Wright 2 Bedroom Apartments | $1,441 | $1,195 | $1,695 |
Browse Apartments in this Neighborhood
There are currently 14 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Brooktree Apartments | 2BR 1 Bath | 2BR,1BA | $1,250 |
| Southside Apartments | 2br 1.5bth | 2BR,1BA | $1,365 |
| Fox Hollow Apartment Homes | 2x1 | 2BR,1BA | $1,425 |
| Pinewood Terrace | 2 bed / 1 bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ripplingbrook Terrace | RIP 2 BEDROOM, 2 BATH W/FP & GARAGE | 2BR,2BA | $1.51 |
| Southside Apartments | 2br 1.5 bath | 2BR,1.5BA | $1.32 |
| Brooktree Apartments | 2BR 1 Bath | 2BR,1BA | $1.30 |
| Fox Hollow Apartment Homes | 2x1 | 2BR,1BA | $1.61 |
| Pinewood Terrace | 2 bed / 1 bath | 2BR,1BA | $1.81 |
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!