Cheap Apartments for Rent in the NOLA Neighborhood of Salem, OR from $400 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in the NOLA 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.

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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Stoneridge Apartments
1 to 3 Bedroom Apartments

Stoneridge Apartments

3712 Sunnyview Rd NESalem, OR 97305
  • Utilities Included
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Salem 12-Plex
2 to 3 Bedroom Apartments

Salem 12-Plex

3654-3664 47th Ave NESalem, OR 97305
  • Utilities Included
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Brighton Park
1 to 2 Bedroom Apartments

Brighton Park

3864 Sunnyview Rd NESalem, OR 97305
  • Utilities Included

Cash 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.

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Silverpark Apartments
2 Bedroom Apartments

Silverpark Apartments

3563 Silverpark Pl NESalem, OR 97305
  • Utilities Included
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Cedar Court
2 Bedroom Apartments

Cedar Court

3450 Silvercedar Pl NESalem, OR 97305
  • Utilities Included

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.

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Coral Heights
1 to 2 Bedroom Apartments

Coral Heights

2511-2571 Coral Ave NESalem, OR 97305
  • Utilities Included
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Beverly Plaza
2 to 3 Bedroom Apartments

Beverly Plaza

3655-3739 Beverly Ave NESalem, OR 97305
  • Utilities Included
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4125 Market St NE
1 to 2 Bedroom Apartments

4125 Market St NE

4125 Market St NESalem, OR 97301
  • Utilities Included

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.

NOLA, Salem, OR Local Guide

Cheapest Available NOLA Apartments for Rent

 

The cheapest available apartment rental in the NOLA area of Salem, OR is a 1 Bed unit found at Anita Manor Apartments priced from $995. Mallard Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable NOLA apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Anita Manor ApartmentsManor1BR,1BA$995
Mallard Landing1BED1BATH1BR,1BA$995
Nola Place1x1s1BR,1BA$1,100
Rockwood Park Apartments1 Bedroom 1 bath1BR,1BA$1,195
Beverly Towhomes1x11BR,1BA$1,195
Columbia Village Apartments2x12BR,1BA$1,195
Cheryl LynnTwo Bedroom2BR,1BA$1,250
Lancaster Commons2 Bedroom2BR,1BA$1,260
Veri on Sunnyview2 BR 1 Bath2BR,1BA$1,395
Howard Commons2x22BR,2BA$1,495

Best Value Apartments for Rent in NOLA, OR

As of July 14, 2026 the best value apartment in the NOLA area is the $1.55 price per square foot 3x2 Model at Howard Commons in the in the East Lancaster neighborhood starting from $1,850. The second greatest value NOLA apartment is the 2x1 Model at Stonecreek Duplexes starting at $1,795 with a $1.56 price per square foot in the East Lancaster neighborhood. Here is today’s list of the best values for NOLA apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Howard Commons3x23BR,2BA$1.55
Stonecreek Duplexes2x12BR,1BA$1.56
Birch Place ApartmentsTwo Bedroom2BR,2BA$1.57
Lancaster Commons2 Bedroom2BR,1BA$1.38
Veri on Sunnyview2 BR 1 Bath2BR,1BA$1.62
Willow Tree PlaceSequoia2BR,2BA$1.76
Columbia Village Apartments2x12BR,1BA$1.41
Cheryl LynnTwo Bedroom2BR,1BA$1.51
Rockwood Park Apartments2 Bedroom + 1 Bath2BR,1BA$1.61
Mallard Landing1BED1BATH1BR,1BA$1.57

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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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Pet Friendly Lifestyle
Nola, Salem, OR

Ranked #13

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including NOLA, Salem, and the greater Salem area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, apartment complexes for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap NOLA Apartments

How much is rent for a Cheap One Bedroom NOLA Apartment?

The lowest price for a Cheap One Bedroom NOLA Apartment is $995 at Anita Manor Apartments.

What is the lowest price for a Cheap Two Bedroom NOLA Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in NOLA is starting from $1,195 at Columbia Village Apartments.

What is the most affordable NOLA Three Bedroom Apartment?

The best deal on a cheap NOLA Three Bedroom Apartment rental is at Nola Place and starts from $1,595.

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

Written by: Robin Stewart

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.