465 Madrona Ave SE
SalemOR97302
Cheap Homes for Rent in Faye Wright Neighborhood of Salem, OR from $1,500 (2 Rentals)
Search the lowest-cost Homes 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.
5065 Terrylee Ct SE
SalemOR97306
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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Faye Wright, Salem, OR Local Guide
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How much does it cost to rent a home in Faye Wright?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faye Wright 2 Bedroom Homes for Rent | $1,647 | $1,545 | $1,750 |
| Faye Wright 3 Bedroom Homes for Rent | $2,597 | $2,095 | $3,100 |
| Faye Wright 4 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Faye Wright Neighborhood of Salem, OR.
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Best Value Apartments for Rent in Faye Wright, OR
As of June 05, 2026 the best value apartment in the Faye Wright area is the $1.36 price per square foot Washer/Dryer Hookup Model at Southside Apartments in the in the Sunnyslope neighborhood starting from $1,425. The second greatest value Faye Wright apartment is the 2 bed 2 bath A Model at Cappella Apartments starting at $1,695 with a $1.76 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. |
|---|---|---|---|
| Southside Apartments | Washer/Dryer Hookup | 2BR,1.5BA | $1.36 |
| Cappella Apartments | 2 bed 2 bath A | 2BR,2BA | $1.76 |
| Brooktree Apartments | 2BR 1 Bath | 2BR,1BA | $1.30 |
| Rolling Hills Townhouses | Furnished Two-Story Townhouse 2BR 1.5BATH | Pet... | 2BR,1.5BA | $1.69 |
| FOX HOLLOW APARTMENTS | 2x1 Upstairs Upgrade | 2BR,1BA | $1.56 |
| 3441 3rd Ave | 2 Bed 1 bath W/D | 2BR,1BA | $1.16 |
| Cedar Heights Apartments | Upstairs Unit | 2BR,1BA | $1.76 |
| Pinewood Terrace | 2 bed / 1 bath | 2BR,1BA | $1.78 |
| Sunnyside Village Apartments | Fully Furnished 2 Bedroom 1 Bath Unit | 2BR,1BA | $2.21 |
Frequently Asked Questions about Faye Wright
What type of rentals are currently available in Faye Wright?
There are currently 62 Apartments for Rent in Faye Wright, OR with pricing that ranges from $995 to $2,295. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faye Wright ranging from $1,545 to $3,100.
What is the current price range for Rental Homes in Faye Wright?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Faye Wright ranges from $1,545 to $3,100 with an average monthly rent of $2,213.
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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.