1106 Waller St SE
SalemOR97302
Cheap Homes for Rent in South Central Salem Neighborhood of Salem, OR from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South Central 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.
1118 Waller St SE
SalemOR97302
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.
1353 Commercial St SE
SalemOR97302
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South Central Salem, Salem, OR Local Guide
How much does it cost to rent a home in South Central Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Central Salem 2 Bedroom Homes for Rent | $1,805 | $1,295 | $2,295 |
| South Central Salem 3 Bedroom Homes for Rent | $2,158 | $1,995 | $2,250 |
| South Central Salem 5 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the South Central Salem Neighborhood of Salem, OR.
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Best Value Apartments for Rent in South Central Salem, OR
As of April 13, 2026 the best value apartment in the South Central Salem area is the $1.95 price per square foot 3x2 Model at The Meridian Apartments in the in the West Salem neighborhood starting from $2,795. The second greatest value South Central Salem apartment is the 1 Bedroom, 1 Bath Large Model at Fairmount Park Apartments starting at $1,495 with a $1.50 price per square foot in the Croisan neighborhood. Here is today’s list of the best values for South Central Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meridian Apartments | 3x2 | 3BR,2BA | $1.95 |
| Fairmount Park Apartments | 1 Bedroom, 1 Bath Large | 1BR,1BA | $1.50 |
| Liberty Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.31 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| #375 WILLAMETTE TERRACE | 2x1 | 2BR,1BA | $1.79 |
| Waldo Terrace | 1BR/1.0BA | 1BR,1BA | $1.71 |
| Peace Street | 1 Bedroom | 1BR,1BA | $2.10 |
| South Block Apartments | Studio A2 | Studio ,1BA | $2.95 |
| Summit View | SUM 1X1 Small | 1BR,1BA | $2.88 |
| Cartwright Apartments | Forge | Studio ,1BA | $4.51 |
Frequently Asked Questions about South Central Salem
What type of rentals are currently available in South Central Salem?
There are currently 124 Apartments for Rent in South Central Salem, OR with pricing that ranges from $615 to $4,040. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Central Salem ranging from $1,100 to $2,450.
What is the current price range for Rental Homes in South Central Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Central Salem ranges from $1,100 to $2,450 with an average monthly rent of $1,787.
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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.