Cheap Apartments for Rent in the NOLA Neighborhood of Salem, OR from $400 (35 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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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

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 $895. Mallard Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable NOLA apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Anita Manor ApartmentsManor1BR,1BA$895
Mallard Landing1BED1BATH1BR,1BA$895
Brighton Park1BR 1Bath1BR,1BA$995
Nola Place1x1s1BR,1BA$1,100
Chandelle Apartments1x11BR,1BA$1,125
Cheryl LynnTwo Bedroom2BR,1BA$1,150
Trinity Terrace Apartments2x12BR,1BA$1,175
Rockwood Park Apartments1 Bedroom 1 bath1BR,1BA$1,195
Beverly Towhomes1x11BR,1BA$1,195
Columbia Village Apartments2x12BR,1BA$1,195

Best Value Apartments for Rent in NOLA, OR

As of April 14, 2026 the best value apartment in the NOLA area is the $1.56 price per square foot 2x2 Model at Howard Commons in the in the East Lancaster neighborhood starting from $1,650. 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$1.56
Birch Place ApartmentsTwo Bedroom2BR,2BA$1.57
Newcastle Place Apartments2 bed/2 bath2BR,2BA$1.51
Lancaster Commons2 Bedroom W2BR,1BA$1.45
Trinity Terrace Apartments2x1 Updated2BR,1BA$1.33
Oak Park Village Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.62
Columbia Village Apartments2x12BR,1BA$1.41
Cheryl LynnTwo Bedroom2BR,1BA$1.39
Brighton Park2BR 1Bath2BR,2BA$1.55
Mallard Landing1BED1BATH1BR,1BA$1.41

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.

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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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The 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.

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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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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 #9

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

Pet Friendliness Lifestyle Score

4.0
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 $895 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 $995 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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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.

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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.

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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.

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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.