
Cheap Homes for Rent in Northeast Salem Neighborhood of Salem, OR from $1,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Salem area of Salem.

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.

1121 23rd St 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.
Northeast Salem, Salem, OR Local Guide

How much does it cost to rent a home in Northeast Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Salem 2 Bedroom Homes for Rent | $1,550 | $1,450 | $1,650 |
| Northeast Salem 4 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Northeast Salem Neighborhood of Salem, OR.
Explore Salem
Best Value Apartments for Rent in Northeast Salem, OR
As of June 20, 2026 the best value apartment in the Northeast Salem area is the $1.39 price per square foot 2BR/2.5BA Model at AMBERMANOR in the in the East Lancaster neighborhood starting from $1,595. The second greatest value Northeast Salem apartment is the 2 Bed 1 Bath Upstairs Model at Park Place Apartments starting at $1,095 with a $1.15 price per square foot in the East Lancaster neighborhood. Here is today’s list of the best values for Northeast Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| AMBERMANOR | 2BR/2.5BA | 2BR,2.5BA | $1.39 |
| Park Place Apartments | 2 Bed 1 Bath Upstairs | 2BR,1BA | $1.15 |
| Kalani Gardens | 2 Bedroom Updated | 2BR,1BA | $1.44 |
| Park Avenue Village Apartments | 0012x1 | 2BR,1BA | $1.55 |
| Island Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.68 |
| The Court at Hawthorne | Upstairs 2 Bed | 2BR,1BA | $1.42 |
| Murphy Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.64 |
| Meadowlawn Apartments | One Bedroom, One Bath | 1BR,1BA | $2.00 |
| Anita Manor Apartments | Manor | 1BR,1BA | $1.82 |
Frequently Asked Questions about Northeast Salem
What type of rentals are currently available in Northeast Salem?
There are currently 70 Apartments for Rent in Northeast Salem, OR with pricing that ranges from $925 to $1,595. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Salem ranging from $1,450 to $2,495.
What is the current price range for Rental Homes in Northeast Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Salem ranges from $1,450 to $2,495 with an average monthly rent of $2,022.
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.