Cheap Homes for Rent in South Central Neighborhood of Salem, OR from $800 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Central 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.

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.

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 ListingModel NameBed/BathPriced From
Liberty Street Apartments2 Beds, 1 bath2BR,1BA$999
027-Candalaria Plaza2x12BR,1BA$1,025
The Lee ApartmentsTLEE - Studio 370Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Meridian Apartments2x1 Balcony2BR,1BA$1.80
Fairmount Park Apartments2 Bedroom, 1 Bath2BR,1BA$1.49
Liberty Street Apartments2 Beds, 1 bath2BR,1BA$1.11
Vista Terrace Apartments2 Beds, 1 bath2BR,1BA$1.46
Cannon Court Apartments2x12BR,1BA$1.47
Willamette Terrace Apartments2x12BR,1BA$1.79
The Metropolitan Building0 Bedroom 1 Bath - 45009Studio ,1BA$2.10
South Block ApartmentsStudio-A-1Studio ,1BA$3.12
RivenwoodThe Grainline- FurnishedStudio ,1BA$3.19
The Lee ApartmentsTLEE - Studio 370Studio ,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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.