Cheap Apartments for Rent in the South Central Neighborhood of Salem, OR from $600 (32 Rentals)

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

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Clark Creek Apartments
Studio to 2 Bedroom Apartments

Clark Creek Apartments

3300 Willow Ct SESalem, OR 97302
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Courtney Place
1 to 2 Bedroom Apartments

Courtney Place

220 Cottage St NESalem, OR 97301
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027-Candalaria Plaza
1 to 3 Bedroom Apartments

027-Candalaria Plaza

396-410 Waldo Ave SESalem, OR 97302
Senior Living

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Waldo Terrace
1 to 3 Bedroom Apartments

Waldo Terrace

370-388 Waldo Ave SESalem, OR 97302
Senior Living
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Koz on State
Studio to 2 Bedroom Apartments

Koz on State

260 State StSalem, OR 97301
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Fountain Court
1 to 2 Bedroom Apartments

Fountain Court

928-990 Fir St SSalem, OR 97302
Senior Living
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Frances Apartments
Studio to 1 Bedroom Apartments

Frances Apartments

555 Winter St NESalem, OR 97301
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080-Salem Heights
1 to 2 Bedroom Apartments

080-Salem Heights

131-169 Salem Heights Ave SESalem, OR 97302

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

South Central, Salem, OR Local Guide

Cheapest Available South Central Apartments for Rent

 

The cheapest available apartment rental in the South Central area of Salem, OR is a 1 Bed unit found at Liberty Street Apartments priced from $999. The Lee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable South Central apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
Liberty Street Apartments1 Bed, 1 bath1BR,1BA$999
The Lee ApartmentsTLEE - Studio 370Studio,1BA$1,050
#375 WILLAMETTE TERRACE1x11BR,1BA$1,085
080-Salem Heights2x12BR,1BA$1,195
Towne South ApartmentsI Bedroom - 1 Bathroom1BR,1BA$1,195
Cartwright ApartmentsForgeStudio,1BA$1,199
Vista Terrace Apartments2 Beds, 1 bath2BR,1BA$1,275
Summit ViewSUM 2X1 Small2BR,1BA$1,295
RivenwoodThe GrainlineStudio,1BA$1,299
The Court YardA2-STUStudio,1BA$1,415

Best Value Apartments for Rent in South Central, OR

As of March 20, 2026 the best value apartment in the South Central area is the $1.96 price per square foot 3x2 Model at The Meridian Apartments in the in the West Salem neighborhood starting from $2,811. The second greatest value South Central apartment is the Cedar Model at Forest Ridge starting at $1,545 with a $1.65 price per square foot in the Croisan neighborhood. Here is today’s list of the best values for South Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meridian Apartments3x23BR,2BA$1.96
Forest RidgeCedar2BR,1BA$1.65
Liberty Street Apartments2 Beds, 1 bath2BR,1BA$1.31
Willamette View Apartments870212BR,1BA$1.61
Vista Terrace Apartments2 Beds, 1 bath2BR,1BA$1.46
#375 WILLAMETTE TERRACE2BR/1.0BA2BR,1BA$2.22
080-Salem Heights2x12BR,1BA$1.49
Towne South ApartmentsI Bedroom - 1 Bathroom1BR,1BA$1.57
Summit ViewSUM 2X1 Small2BR,1BA$2.11
The Court YardA2-STUStudio ,1BA$2.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Salem. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Central Apartments

What is the Cheapest Studio apartment in South Central?

Currently the most affordable Cheap Studio Apartment in South Central is at The Lee Apartments listed at $1,050.

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

The lowest price for a Cheap One Bedroom South Central Apartment is $999 at Liberty Street Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Central is starting from $1,175 at Liberty Street Apartments.

What is the most affordable South Central Three Bedroom Apartment?

The best deal on a cheap South Central Three Bedroom Apartment rental is at #375 WILLAMETTE TERRACE and starts from $1,750.

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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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.