2594 Hummingbird St NE, Unit Bedroom C, Unit Bedroom C
2594 Hummingbird St NE
SalemOR97301
Cheap Homes for Rent in Salem, OR from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
2799 Wallace Rd NW
SalemOR97304
3213 Center St NE
SalemOR97301
1106 Waller St SE
SalemOR97302
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$1,1351 Bedroom Apartments Available Now
3797 D St NE
3797 D St NESalem, OR 97301
2042 Summit Ave NW, Unit Master Bedroom with Bath, Unit Master Bedroom with Bath
2042 Summit Ave NW
SalemOR97304
3444 Glen Creek Rd NW
SalemOR97304
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.
2425 Lansing Ave NE
SalemOR97301
4133-4145 Campbell Dr SE
SalemOR97317
1118 Waller St SE
SalemOR97302
1353 Commercial St SE
SalemOR97302
1525 Baker St NE
SalemOR97301
1345 Waller St SE
SalemOR97302
6075 Fircrest St 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.
4116 Market St NE
SalemOR97301
2989 Pringle Rd SE
SalemOR97302
160 Liberty St NE
SalemOR97301
1010 Garnet St NE
SalemOR97301
2185 Trade St SE
SalemOR97301
4435 Campbell Dr SE
SalemOR97317
2704 D St NE
SalemOR97301
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.
Showing Results 1-21, Page 1 of 1
Salem, OR Local Guide
How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $1,748 | $1,264 | $2,395 |
| Salem 3 Bedroom Homes for Rent | $2,343 | $1,650 | $3,725 |
| Salem 4 Bedroom Homes for Rent | $2,946 | $1,895 | $5,200 |
| Salem 5 Bedroom Homes for Rent | $2,833 | $2,450 | $3,095 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Salem
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Salem, OR Local Guide
- Salem Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, OR
Pricing Updated: 04/16/2026Current apartment rentals in the Salem, OR area range in price from $650 to $5,200 with an overall median price of $2,832. The three Salem neighborhoods with the lowest median rent pricing are Highland at $1,800, North Lancaster at $1,350, and South Salem at $1,295. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Highland | $1,947 | $1,800 | 4 |
| North Lancaster | $2,095 | $1,350 | 5 |
| South Salem | $2,095 | $1,295 | 4 |
| Northeast Salem | $2,125 | $1,095 | 5 |
| Faye Wright | $2,172 | $1,645 | 6 |
| South Central | $2,222 | $1,100 | 7 |
| Croisan | $2,250 | $1,295 | 3 |
| Hayesville | $2,395 | $1,650 | 15 |
| NOLA | $2,395 | $1,350 | 11 |
| Northgate | $2,450 | $650 | 6 |
Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, OR is a 1 Bed unit found at Oakhill Apartments in the Sunnyslope neighborhood priced from $694. Anita Manor Apartments in the East Lancaster neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakhill Apartments | 1 bed 1 bath | 1BR,1BA | $694 |
| Anita Manor Apartments | Manor | 1BR,1BA | $895 |
| 192-Western Village Apartments | 1x1 Upstairs | 1BR,1BA | $895 |
| Mallard Landing | 1BED1BATH | 1BR,1BA | $895 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $895 |
Best Value Apartments for Rent in Salem, OR
As of April 16, 2026 the best value apartment in the Salem area is the $1.00 price per square foot 5 Bed / 4 Bath Townhome Model at INLAND SHORES TOWNHOMES in the in the Outer Keizer neighborhood starting from $2,630. The second greatest value Salem apartment is the 2x1 Model at Battle Creek Lodges starting at $1,299 with a $1.30 price per square foot in the Southeast Mill Creek neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| INLAND SHORES TOWNHOMES | 5 Bed / 4 Bath Townhome | 5BR,4BA | $1.00 |
| Battle Creek Lodges | 2x1 | 2BR,1BA | $1.30 |
| Orchard Park Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.20 |
| Brooktree Apartments | 2BR 1 Bath | 2BR,1BA | $1.30 |
| Park Place Apartments | 2 Bed 1 Bath Downstairs | 2BR,1BA | $1.29 |
| Liberty Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.31 |
| 3441 3rd Ave | 2 Bed 1 bath W/D | 2BR,1BA | $1.28 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| Sunnyslope Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.28 |
| Oakhill Apartments | 1 bed 1 bath | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Salem, OR
Morningside Elementary School
Salem-Keizer School District 24j
Public School - Grades K-5 (324)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, OR Rentals by Map
See the most popular apartments and homes in Salem, OR
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 872 Apartments for Rent in Salem, OR with pricing that ranges from $615 to $4,040. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $650 to $5,200.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $650 to $5,200 with an average monthly rent of $2,093.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $1,250 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,725. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $1,800.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.