
Cheap Homes for Rent in the North Lancaster Neighborhood of Salem, OR from $1,895 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the North Lancaster area of Salem.


3322 Tierra Dr NE
Rent According to Income: A Look at Income-Restricted Rentals
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4332 Rodeo Dr NE

4101 Brooks Ave NE, Unit ( 4101 - CENTER )
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4640 Wyoming Ave 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 | $1,895 | $1,895 | $1,895 |
| North Lancaster 3 Bedroom Homes for Rent | $2,183 | $2,100 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the North Lancaster Neighborhood of Salem, OR.
Explore Salem
Cheapest Available North Lancaster Apartments for Rent
 The cheapest available apartment rental in the North Lancaster area of Salem, OR is a 1 Bed unit found at North Park Apartments priced from $950. Madison Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable North Lancaster apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Park Apartments | 1 bedroom | 1BR,1BA | $950 |
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $995 |
Best Value Apartments for Rent in North Lancaster, OR
As of August 29, 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 2x2 Model at Howard Commons starting at $1,395 with a $1.32 price per square foot in the East Lancaster 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 |
| Howard Commons | 2x2 | 2BR,2BA | $1.32 |
| North Park Apartments | 2 bedrooms | 2BR,1BA | $1.22 |
| Lancaster Commons | 2 Bedroom | 2BR,1BA | $1.43 |
| Whispering Pines | 2 Bedroom 1 Bath - 74897 | 2BR,1BA | $1.38 |
| Columbia Village Apartments | 2x1 | 2BR,1BA | $1.41 |
| Woodland Park Apartments | 2 Bedroom Flat | 2BR,1BA | $1.36 |
| Cascade View Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.40 |
| Oakbrook Inn | 2 bedroom | 2BR,1BA | $1.49 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
Frequently Asked Questions about North Lancaster
What type of rentals are currently available in North Lancaster?
There are currently 64 Apartments for Rent in North Lancaster, OR with pricing that ranges from $895 to $2,495. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Lancaster ranging from $1,895 to $2,300.
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 $1,895 to $2,300 with an average monthly rent of $2,111.
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

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.

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.

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.

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.