Cheap Apartments for Rent in the Outer South Neighborhood of Salem, OR from $500 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outer South area of Salem.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oakhill Apartments
1 to 3 Bedroom Apartments

Oakhill Apartments

3837 12th St SESalem, OR 97302
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Hidden Hills Apartments
Studio to 2 Bedroom Apartments

Hidden Hills Apartments

3640 Liberty Rd SSalem, OR 97302
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Liberty Towers
1 to 3 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
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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.

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Sunnyslope Manor
2 to 4 Bedroom Apartments

Sunnyslope Manor

1000-1024 Cunningham Ln SSalem, OR 97302
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Carriage Apartments
2 Bedroom Apartments

Carriage Apartments

1251-1264 Royvonne Ave SESalem, OR 97302
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Silver Pine Apartments
1 to 2 Bedroom Apartments

Silver Pine Apartments

5467 Commercial St SESalem, OR 97306
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Park Knoll Apartments
1 to 2 Bedroom Apartments

Park Knoll Apartments

1001-1097 Hermitage Way SSalem, OR 97302
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Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

345-397 Madrona Ave SESalem, OR 97302
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GREYSTONE TERRACE
1 to 3 Bedroom Apartments

GREYSTONE TERRACE

5324-5344 Skyline Rd SSalem, OR 97306
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Madras Apartments
2 Bedroom Apartments

Madras Apartments

1701 Madras St SESalem, OR 97306
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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.

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Outer South, Salem, OR Local Guide

Cheapest Available Outer South Apartments for Rent

 

The cheapest available apartment rental in the Outer South area of Salem, OR is a 2 Beds unit found at Oakhill Apartments priced from $786. Sunnyslope Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $952. Here are the most affordable Outer South apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Oakhill Apartments2 bed 1 bath2BR,1BA$786
Sunnyslope Manor2 Bedroom 1 Bath2BR,1BA$952
Sunnyside Village ApartmentsOne bedroom One bath garden apartment1BR,1BA$1,025
Royvonne Hills ApartmentsOne Bedroom1BR,1BA$1,050
086-Friendship Court Apartments1x11BR,1BA$1,100
Twin Oaks Apartments2BR/1.0BA2BR,1BA$1,250
Maplewood Apartments2BR/1.0BA2BR,1BA$1,250
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1,295
Southside Apartments2br 1.5bth2BR,1BA$1,325
Riverplace Apartment HomesSpringStudio,1BA$1,341

Best Value Apartments for Rent in Outer South, OR

As of July 28, 2026 the best value apartment in the Outer South area is the $1.52 price per square foot 3x2 Model at Baxter Ridge Apartments in the in the Southeast Mill Creek neighborhood starting from $1,795. The second greatest value Outer South apartment is the 2br 1.5bth Model at Southside Apartments starting at $1,325 with a $1.26 price per square foot in the Sunnyslope neighborhood. Here is today’s list of the best values for Outer South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Baxter Ridge Apartments3x23BR,2BA$1.52
Southside Apartments2br 1.5bth2BR,1.5BA$1.26
South Pointe Apartments2 Bed/2 Bath2BR,2BA$1.47
Silverwood Apartments2BR/2.0BA2BR,2BA$1.42
Oakhill Apartments2 bed 1 bath2BR,1BA$0.83
Twin Oaks Apartments2BR/1.0BA2BR,1BA$1.37
Royvonne Hills ApartmentsTwo Bedroom1BR,1BA$1.31
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1.51
Maplewood Apartments2BR/1.0BA2BR,1BA$1.47
Sunnyslope Manor2 Bedroom 1 Bath2BR,1BA$1.27

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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Outer South, Salem, OR

Ranked #4

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outer South, Salem, OR

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you Lifestyle Ratings of rentals in cities across the United States, including Salem. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Outer South Apartments

What is the Cheapest Studio apartment in Outer South?

Currently the most affordable Cheap Studio Apartment in Outer South is at Riverplace Apartment Homes listed at $1,341.

How much is rent for a Cheap One Bedroom Outer South Apartment?

The lowest price for a Cheap One Bedroom Outer South Apartment is $1,025 at Sunnyside Village Apartments.

What is the lowest price for a Cheap Two Bedroom Outer South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Outer South is starting from $786 at Oakhill Apartments.

What is the most affordable Outer South Three Bedroom Apartment?

The best deal on a cheap Outer South Three Bedroom Apartment rental is at Baxter Ridge Apartments and starts from $1,795.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.