
Cheap Homes for Rent in Faye Wright Neighborhood of Salem, OR from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Faye Wright area of Salem.

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800 Oakhill Ave SE
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4260 Lilly Ave SE
Faye Wright, Salem, OR Local Guide

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 | $2,010 | $1,725 | $2,295 |
| Faye Wright 3 Bedroom Homes for Rent | $2,200 | $1,700 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 January 21, 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 $1,395 with a $1.33 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 | $1.33 |
| 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 | $1.85 |
Frequently Asked Questions about Faye Wright
What type of rentals are currently available in Faye Wright?
There are currently 59 Apartments for Rent in Faye Wright, OR with pricing that ranges from $995 to $2,100. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faye Wright ranging from $1,000 to $2,550.
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 $1,000 to $2,550 with an average monthly rent of $1,802.
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!