
Cheap Homes for Rent in Northeast Neighbors Neighborhood of Salem, OR from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Neighbors area of Salem.


647 Columbia St NE
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.

2185 Trade St SE

227 24th 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.

745 E St NE
Northeast Neighbors, Salem, OR Local Guide

How much does it cost to rent a home in Northeast Neighbors?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Neighbors 2 Bedroom Homes for Rent | $1,621 | $1,345 | $1,795 |
| Northeast Neighbors 3 Bedroom Homes for Rent | $2,338 | $1,995 | $2,595 |
| Northeast Neighbors 4 Bedroom Homes for Rent | $2,095 | $1,695 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Northeast Neighbors Neighborhood of Salem, OR.
Explore Salem
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 |
| Somerset Apartments | 1BR 1 Bath East | 1BR,1BA | $999 |
Best Value Apartments for Rent in Northeast Neighbors, OR
As of June 21, 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 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 - 3rd Floor | 2BR,1BA | $1.22 |
| Kalani Gardens | 2 Bedroom Updated | 2BR,1BA | $1.44 |
| 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 |
| 6 Nineteen Apartments | Two Bedroom | 2BR,1BA | $2.04 |
| Madison Court Apartments | Studio | Studio ,1BA | $1.58 |
| Somerset Apartments | 1BR 1 Bath East | 1BR,1BA | $1.73 |
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 Northeast Neighbors
What type of rentals are currently available in Northeast Neighbors?
There are currently 147 Apartments for Rent in Northeast Neighbors, OR with pricing that ranges from $895 to $1,825. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Neighbors ranging from $1,325 to $2,595.
What is the current price range for Rental Homes in Northeast Neighbors?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Neighbors ranges from $1,325 to $2,595 with an average monthly rent of $1,754.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.