Cheap Apartments for Rent in the South Salem Neighborhood of Salem, OR from $850 (27 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Heritage Hills
1 to 2 Bedroom Apartments

Heritage Hills

3875 S Liberty RdSalem, OR 97302
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
247 Madrona Ave
2 Bedroom Apartments

247 Madrona Ave

247 Madrona AveSalem, OR 97302

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
Hidden Hills Apartments
Studio to 2 Bedroom Apartments

Hidden Hills Apartments

3640 Liberty Rd SSalem, OR 97302
  • Utilities Included
close
View Me
The Arboretum
1 to 2 Bedroom Apartments

The Arboretum

3865 Liberty Rd SSalem, OR 97302
  • Utilities Included
close
View Me
Holiday Hidden Lakes
Studio to 3 Bedroom Apartments

Holiday Hidden Lakes

400 Madrona Ave SESalem, OR 97302
Senior Living
  • Utilities Included

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.

close
View Me
080-Salem Heights
1 to 2 Bedroom Apartments

080-Salem Heights

131-169 Salem Heights Ave SESalem, OR 97302
close
View Me
Liberty Towers
1 to 3 Bedroom Apartments

Liberty Towers

3652 Liberty Rd SSalem, OR 97302
  • Utilities Included
close
View Me
Waldo Terrace
1 to 3 Bedroom Apartments

Waldo Terrace

370-388 Waldo Ave SESalem, OR 97302
Senior Living
close
View Me
Madrona Place
1 to 2 Bedroom Apartments

Madrona Place

345-397 Madrona Ave SESalem, OR 97302
  • Utilities Included

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.

close
View Me
3417-3438 3rd Ave SE
1 to 3 Bedroom Apartments

3417-3438 3rd Ave SE

3417-3438 3rd Ave SESalem, OR 97302
  • Utilities Included
close
View Me
Southview Terrace
1 Bedroom Apartments

Southview Terrace

375 Fairview Ave SESalem, OR 97302
Senior Living

South Salem, Salem, OR Local Guide

Cheapest Available South Salem Apartments for Rent

 

The cheapest available apartment rental in the South Salem area of Salem, OR is a 1 Bed unit found at 3441 3rd Ave priced from $995. Heritage Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable South Salem apartments for rent in Salem, OR:

Apartment ListingModel NameBed/BathPriced From
3441 3rd Ave1 Bed 1 Bath1BR, 1BA$995
Heritage Hills1 bed / 1bath1BR, 1BA$1,050
086-Friendship Court Apartments1x11BR, 1BA$1,050
Jamestown Apartments2x1.52BR, 1BA$1,295
3874 Liberty Rd S2BR/2.0BA2BR, 2BA$1,325
Woodland Terrace2BR/1.5BA2BR, 1BA$1,395
Willamette View Apartments870212BR, 1BA$1,425
Forest Ridge ApartmentsRedwood2BR, 1BA$1,750
620-630 Browning Ave S3BR/1.5BA3BR, 1BA$1,895

Best Value Apartments for Rent in South Salem, OR

As of September 20, 2026 the best value apartment in the South Salem area is the $1.72 price per square foot 3BR/1.5BA Model at 620-630 Browning Ave S in the Sunnyslope neighborhood starting from $1,895. The second greatest value South Salem apartment is the 2x1.5 Model at Jamestown Apartments in the Croisan neighborhood starting at $1,295 with a $1.18 price per square foot. Here is today’s list of the best values for South Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
620-630 Browning Ave S3BR/1.5BA3BR, 1.5BA$1.72
Jamestown Apartments2x1.52BR, 1.5BA$1.18
Forest Ridge ApartmentsRedwood2BR, 1.5BA$1.61
Woodland Terrace2BR/1.5BA2BR, 1.5BA$1.40
3874 Liberty Rd S2BR/2.0BA2BR, 2BA$1.39
Willamette View Apartments870212BR, 1BA$1.61
3441 3rd Ave1 Bed 1 Bath1BR, 1BA$1.59
Heritage Hills1 bed / 1bath1BR, 1BA$1.68

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Salem, Salem, OR

Ranked #20

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap South Salem Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in South Salem is starting from $1,150 at 3441 3rd Ave.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.