
Cheap Homes for Rent in South Central Neighborhood of Salem, OR from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Central area of Salem.


1120 3rd St NW
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 3rd St NW

1172 12th 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.

2485 E Nob Hill St SE
South Central, Salem, OR Local Guide

How much does it cost to rent a home in South Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Central 2 Bedroom Homes for Rent | $1,988 | $1,195 | $2,700 |
| South Central 3 Bedroom Homes for Rent | $2,072 | $1,995 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Central Neighborhood of Salem, OR.
Explore Salem
Cheapest Available South Central Apartments for Rent
 The cheapest available apartment rental in the South Central area of Salem, OR is a 2 Beds unit found at Liberty Street Apartments priced from $999. 027-Candalaria Plaza has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here are the most affordable South Central apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $999 |
| 027-Candalaria Plaza | 2x1 | 2BR,1BA | $1,025 |
| The Lee Apartments | TLEE - Studio 370 | Studio,1BA | $1,050 |
Best Value Apartments for Rent in South Central, OR
As of June 20, 2026 the best value apartment in the South Central area is the $1.80 price per square foot 2x1 Balcony Model at The Meridian Apartments in the in the West Salem neighborhood starting from $2,300. The second greatest value South Central apartment is the 2 Bedroom, 1 Bath Model at Fairmount Park Apartments starting at $1,550 with a $1.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meridian Apartments | 2x1 Balcony | 2BR,1BA | $1.80 |
| Fairmount Park Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.49 |
| Liberty Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| Vista Terrace Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.46 |
| Cannon Court Apartments | 2x1 | 2BR,1BA | $1.47 |
| Willamette Terrace Apartments | 2x1 | 2BR,1BA | $1.79 |
| The Metropolitan Building | 0 Bedroom 1 Bath - 45009 | Studio ,1BA | $2.10 |
| South Block Apartments | Studio-A-1 | Studio ,1BA | $3.12 |
| Rivenwood | The Grainline- Furnished | Studio ,1BA | $3.19 |
| The Lee Apartments | TLEE - Studio 370 | Studio ,1BA | $2.84 |
Frequently Asked Questions about South Central
What type of rentals are currently available in South Central?
There are currently 123 Apartments for Rent in South Central, OR with pricing that ranges from $996 to $4,040. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Central ranging from $895 to $2,700.
What is the current price range for Rental Homes in South Central?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Central ranges from $895 to $2,700 with an average monthly rent of $1,765.
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.