
Cheap Apartments for Rent in the Northeast Neighbors Neighborhood of Salem, OR from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Neighbors area of Salem.


771 21st St SE

Madison Court Apartments

Total Monthly Price
365 14th St SE, Unit 365

175 25th St NE

633 Thompson Ave NE

Somerset 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

Total Monthly Price
1762 Evergreen Ave NE, Unit 1762

12th Street Lofts

2595 Simpson St SE

6 Nineteen Apartments

Total Monthly Price
828 25th St SE, Unit 828

3114 Evergreen Ave 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.

181 25th St NE

585 Highland Ave NE

Total Monthly Price
1313 Marion St NE, Unit Charming Historic Victorian

295 22nd St SE

1781-1783 Park Ave NE

14th St. Courtyard

804 14th St NE
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.

Kalani Gardens

Island Park Apartments

Murphy Manor Apartments

Winter St Cottages

2319-2347 Lee St SE

1345 Waller St SE

647 Columbia St NE
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.

2185 Trade St SE
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 | $1,103 | $895 | $1,450 |
| Northeast Neighbors 2 Bedroom Apartments | $1,332 | $1,195 | $1,850 |
| Northeast Neighbors 3 Bedroom Apartments | $1,637 | $1,450 | $1,825 |
Browse Apartments in this Neighborhood
There are currently 29 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 |
| Kalani Gardens | 1 bedroom | 1BR,1BA | $995 |
| Somerset Apartments | 1BR 1 Bath East | 1BR,1BA | $999 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
| 12th Street Lofts | 2 bed 1 bath - 3rd Floor | 2BR,1BA | $1,195 |
| Island Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1,260 |
Best Value Apartments for Rent in Northeast Neighbors, OR
As of May 29, 2026 the best value apartment in the Northeast Neighbors area is the $1.22 price per square foot 2 bed 1 bath - 3rd Floor Model at 12th Street Lofts in the in the Central Area neighborhood starting from $1,195. The second greatest value Northeast Neighbors apartment is the 828 25th St SE Model at 828 25th St SE, Unit 828 starting at $1,250 with a $1.32 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 - 3rd Floor | 2BR,1BA | $1.22 |
| 828 25th St SE, Unit 828 | 828 25th St SE | 2BR,1BA | $1.32 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| Island Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.68 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.64 |
| Kalani Gardens | 1 bedroom | 1BR,1BA | $1.66 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
| Somerset Apartments | 1BR 1 Bath East | 1BR,1BA | $1.73 |
| 1762 Evergreen Ave NE, Unit 1762 | 1762 Evergreen Ave NE | 1BR,1BA | $2.09 |
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 $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 $1,195 at 12th Street Lofts.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.