
Cheap Homes for Rent in North Lancaster Neighborhood of Salem, OR from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Lancaster 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.

4116 Market St NE
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.

4768 El Cedro Loop NE
North Lancaster, Salem, OR Local Guide

How much does it cost to rent a home in North Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Lancaster 2 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| North Lancaster 3 Bedroom Homes for Rent | $2,022 | $1,895 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Lancaster Neighborhood of Salem, OR.
Explore Salem
Best Value Apartments for Rent in North Lancaster, OR
As of April 15, 2026 the best value apartment in the North Lancaster area is the $1.41 price per square foot The Folsom Model at Alder Ridge Townhomes in the in the Northgate neighborhood starting from $2,400. The second greatest value North Lancaster apartment is the 2 bedrooms Model at North Park Apartments starting at $1,295 with a $1.32 price per square foot in the Northgate neighborhood. Here is today’s list of the best values for North Lancaster apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alder Ridge Townhomes | The Folsom | 3BR,2.5BA | $1.41 |
| North Park Apartments | 2 bedrooms | 2BR,1BA | $1.32 |
| Park Place Apartments | 2 Bed 1 Bath Downstairs | 2BR,1BA | $1.29 |
| Lancaster Commons | 2 Bedroom W | 2BR,1BA | $1.45 |
| Trinity Terrace Apartments | 2x1 Updated | 2BR,1BA | $1.33 |
| Columbia Village Apartments | 2x1 | 2BR,1BA | $1.41 |
| Cheryl Lynn | Two Bedroom | 2BR,1BA | $1.39 |
| Cascade View Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.40 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| Mallard Landing | 1BED1BATH | 1BR,1BA | $1.41 |
Frequently Asked Questions about North Lancaster
What type of rentals are currently available in North Lancaster?
There are currently 71 Apartments for Rent in North Lancaster, OR with pricing that ranges from $895 to $2,495. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Lancaster ranging from $1,350 to $2,100.
What is the current price range for Rental Homes in North Lancaster?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Lancaster ranges from $1,350 to $2,100 with an average monthly rent of $1,686.
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.