
Cheap Apartments for Rent in the Northeast Neighbors Neighborhood of Salem, OR from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Neighbors area of Salem.


Madison Court Apartments

1434 Ferry St SE, Unit 7

1481 Tripp / Lee Apartments

1932 Chemeketa St NE

2217-2221 Lee St SE
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.

2477 Cherry Ave NE

295 22nd St SE

1615 Grant St NE

2469 Lee St SE

1365-1367-1367 Chemeketa St NE

6 Nineteen Apartments
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.

2042 Myrtle Ave NE

585 Highland Ave NE

3114 Evergreen Ave NE

14th St. Courtyard

804 14th St NE

Somerset Apartments
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.

Murphy Manor Apartments

Island Park Apartments

2185 Trade St SE

745 E St NE

Winter St Cottages

2319-2347 Lee St SE
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.

Kalani Gardens
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 | $950 | $950 | $950 |
| Northeast Neighbors 1 Bedroom Apartments | $1,072 | $925 | $1,249 |
| Northeast Neighbors 2 Bedroom Apartments | $1,392 | $1,095 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 25 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 Studio unit found at Madison Court Apartments priced from $950. 1481 Tripp / Lee Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Northeast Neighbors apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madison Court Apartments | Studio | Studio,1BA | $950 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $995 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,025 |
| Island Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1,177 |
| 6 Nineteen Apartments | Two Bedroom | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Northeast Neighbors, OR
As of July 14, 2026 the best value apartment in the Northeast Neighbors area is the $1.24 price per square foot One Bed Model at 1481 Tripp / Lee Apartments in the in the Central Area neighborhood starting from $995. The second greatest value Northeast Neighbors apartment is the 2 Bedroom, 1 Bath Model at Island Park Apartments starting at $1,177 with a $1.57 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. |
|---|---|---|---|
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.24 |
| Island Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.57 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.60 |
| 6 Nineteen Apartments | Two Bedroom | 2BR,1BA | $2.04 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
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.
Read ArticleReal 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.
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 $995 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 $1,177 at Island Park 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.