
Cheap Apartments for Rent in the Northeast Neighbors Neighborhood of Salem, OR from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Neighbors area of Salem.


1481 Tripp / Lee Apartments

Madison Court Apartments

633 Thompson Ave NE

Somerset Apartments

771 21st St SE

6 Nineteen Apartments
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.

1932 Chemeketa St NE

2481 Cherry Ave NE

Total Monthly Price
1762 Evergreen Ave NE, Unit 1762, Unit 1762

840 E St NE

1594 Tripp St SE

148 25th St NE

525-535 19th St SE
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.

510-520 14th St SE

3164 Evergreen Ave NE

295 22nd St SE

350 15th St SE

14th St. Courtyard

804 14th St NE

Island Park Apartments
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.

Murphy Manor Apartments

Winter St Cottages

12th Street Lofts

Kalani Gardens

2319-2347 Lee St SE

1525 Baker St NE

1345 Waller St SE
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.

1010 Garnet St NE

2185 Trade St SE

2704 D St NE
Northeast Neighbors, Salem, OR Local Guide

How much does it cost to rent an apartment in Northeast Neighbors?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Neighbors Studio Apartments | $912 | $875 | $950 |
| Northeast Neighbors 1 Bedroom Apartments | $1,110 | $895 | $1,450 |
| Northeast Neighbors 2 Bedroom Apartments | $1,310 | $995 | $1,895 |
| Northeast Neighbors 3 Bedroom Apartments | $1,350 | $1,250 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Northeast Neighbors Neighborhood of Salem, OR.
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Northeast Neighbors, Salem, OR Local Guide
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Cheapest Available Northeast Neighbors Apartments for Rent
 The cheapest available apartment rental in the Northeast Neighbors area of Salem, OR is a 1 Bed unit found at 1481 Tripp / Lee Apartments priced from $895. Madison Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Northeast Neighbors apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $895 |
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| 6 Nineteen Apartments | One Bedroom | 1BR,1BA | $1,045 |
| Island Park Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,150 |
| Somerset Apartments | 2BR 1 Bath East | 2BR,1BA | $1,230 |
| Kalani Gardens | 2 Bedroom Updated | 2BR,1BA | $1,295 |
| 12th Street Lofts | 2 bed 1 bath - 3rd Floor | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Northeast Neighbors, OR
As of April 13, 2026 the best value apartment in the Northeast Neighbors area is the $1.38 price per square foot 2 bed 1 bath - 1st Floor Model at 12th Street Lofts in the in the Central Area neighborhood starting from $1,350. The second greatest value Northeast Neighbors apartment is the 2 Bedroom Updated Model at Kalani Gardens starting at $1,295 with a $1.44 price per square foot in the East Lancaster neighborhood. Here is today’s list of the best values for Northeast Neighbors apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 12th Street Lofts | 2 bed 1 bath - 1st Floor | 2BR,1BA | $1.38 |
| Kalani Gardens | 2 Bedroom Updated | 2BR,1BA | $1.44 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| Somerset Apartments | 2BR 1 Bath East | 2BR,1BA | $1.56 |
| Island Park Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.77 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.64 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
| 1762 Evergreen Ave NE, Unit 1762 | 1762 Evergreen Ave NE | 1BR,1BA | $2.18 |
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Northeast Neighbors, Salem, OR
Englewood Elementary School
North Salem High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Northeast Neighbors Apartments
How much is rent for a Cheap One Bedroom Northeast Neighbors Apartment?
The lowest price for a Cheap One Bedroom Northeast Neighbors Apartment is $895 at 1481 Tripp / Lee Apartments.
What is the lowest price for a Cheap Two Bedroom Northeast Neighbors Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Northeast Neighbors is starting from $995 at 1481 Tripp / Lee Apartments.
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.