Cheap Apartments for Rent in the Outer South Neighborhood of Salem, OR from $500 (67 Rentals)

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

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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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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.

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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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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.

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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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Park Knoll Apartments
1 to 2 Bedroom Apartments

Park Knoll Apartments

1001-1097 Hermitage Way SSalem, 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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Friendship Court
1 to 2 Bedroom Apartments

Friendship Court

140-156 Friendship Ave SESalem, 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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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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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 Sunnyslope Manor priced from $952. The Apartments at Cinnamon Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Outer South apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Sunnyslope Manor2 Bedroom 1 Bath2BR,1BA$952
The Apartments at Cinnamon Lakes1BR/1BA1BR,1BA$975
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$995
Sunnyside Village ApartmentsOne bedroom One bath garden apartment1BR,1BA$1,025
Royvonne Hills ApartmentsOne Bedroom1BR,1BA$1,050
102-Mountain View2x12BR,1BA$1,195
Baxter Ridge Apartments1x11BR,1BA$1,245
Maplewood Apartments2BR/1.0BA2BR,1BA$1,250
Brooktree Apartments2BR 1 Bath2BR,1BA$1,250
Copperfield Apartments1x11BR,1BA$1,299

Best Value Apartments for Rent in Outer South, OR

As of June 12, 2026 the best value apartment in the Outer South area is the $1.36 price per square foot Washer/Dryer Hookup Model at Southside Apartments in the in the Sunnyslope neighborhood starting from $1,425. The second greatest value Outer South apartment is the 2x1 Model at Overlook Pointe Apartments starting at $1,425 with a $1.45 price per square foot in the Southeast Mill Creek 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.
Southside ApartmentsWasher/Dryer Hookup2BR,1.5BA$1.36
Overlook Pointe Apartments2x12BR,1BA$1.45
Brooktree Apartments2BR 1 Bath2BR,1BA$1.30
South Pointe Apartments2 Bed/2 Bath2BR,2BA$1.47
102-Mountain View2x12BR,1BA$1.31
3441 3rd Ave2 Bed 1 bath W/D2BR,1BA$1.16
Royvonne Hills ApartmentsOne Bedroom1BR,1BA$1.24
Maplewood Apartments2BR/1.0BA2BR,1BA$1.47
Sunnyslope Manor2 Bedroom 1 Bath2BR,1BA$1.28
The Apartments at Cinnamon Lakes1BR/1BA1BR,1BA$1.30

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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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 Independence Landing Apartments listed at $1,375.

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

The lowest price for a Cheap One Bedroom Outer South Apartment is $975 at The Apartments at Cinnamon Lakes.

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 $952 at Sunnyslope Manor.

What is the most affordable Outer South Three Bedroom Apartment?

The best deal on a cheap Outer South Three Bedroom Apartment rental is at Sunnyside Village Apartments and starts from $1,695.

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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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.

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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.

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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.

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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.