Cheap Apartments for Rent in the NOLA Neighborhood of Salem, OR from $427 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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

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.

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Brighton Park
1 to 2 Bedroom Apartments

Brighton Park

3864 Sunnyview Rd NESalem, OR 97305
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Silverpark Apartments
2 Bedroom Apartments

Silverpark Apartments

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

Cedar Court

3450 Silvercedar Pl NESalem, OR 97305
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Coral Heights
1 to 2 Bedroom Apartments

Coral Heights

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

Beverly Plaza

3655-3739 Beverly Ave NESalem, OR 97305
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Debbie Way
3 to 4 Bedroom Apartments

Debbie Way

2015-2085 Debbie Way NESalem, OR 97301

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.

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Showing Results 1-38, Page 1 of 1

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 Mallard Landing priced from $995. Nola Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable NOLA apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
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$1,297
Newcastle Place Apartments2 bed/2 bath2BR,2BA$1,395
230a-Silverleaf Apartments2x1 Remodeled2BR,1BA$1,395
Oak Park Village Apartments2 Bedroom / 2.0 Bath2BR,2BA$1,445

Best Value Apartments for Rent in NOLA, OR

As of August 28, 2026 the best value apartment in the NOLA area is the $1.41 price per square foot 2x2 Model at Howard Commons in the in the East Lancaster neighborhood starting from $1,495. The second greatest value NOLA apartment is the Two Bedroom Model at Birch Place Apartments starting at $1,495 with a $1.57 price per square foot in the NOLA 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 Commons2x22BR,2BA$1.41
Birch Place ApartmentsTwo Bedroom2BR,2BA$1.57
Newcastle Place Apartments2 bed/2 bath2BR,2BA$1.51
Lancaster Commons2 Bedroom2BR,1BA$1.43
Oak Park Village Apartments2 Bedroom / 2.0 Bath2BR,2BA$1.61
230a-Silverleaf Apartments2x1 Remodeled2BR,1BA$1.55
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 #8

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 Mallard Landing.

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 $1,095 at Mallard Landing.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.