Cheap Apartments for Rent in the South Salem Neighborhood of Salem, OR from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Salem area of Salem.

868 Charles Ave S
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.

1367 Commercial St SE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
South Salem, Salem, OR Local Guide

How much does it cost to rent an apartment in South Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Salem 1 Bedroom Apartments | $1,190 | $995 | $1,395 |
| South Salem 2 Bedroom Apartments | $1,486 | $1,195 | $1,925 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the South Salem Neighborhood of Salem, OR.
See all Apartments in SalemExplore Salem
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. Towne South Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable South Salem apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Towne South Apartments | I Bedroom - 1 Bathroom | 1BR,1BA | $1,195 |
| 080-Salem Heights | 2x1 | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in South Salem, OR
As of January 01, 2026 the best value apartment in the South Salem area is the $1.51 price per square foot RIP 2 BEDROOM, 2 BATH W/FP & GARAGE Model at Ripplingbrook Terrace in the in the Sunnyslope neighborhood starting from $1,695. The second greatest value South Salem apartment is the 1 Bedroom Units Model at Harmona Heights Apartments starting at $1,395 with a $1.66 price per square foot in the Croisan neighborhood. Here is today’s list of the best values for South Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ripplingbrook Terrace | RIP 2 BEDROOM, 2 BATH W/FP & GARAGE | 2BR,2BA | $1.51 |
| Harmona Heights Apartments | 1 Bedroom Units | 1BR,1BA | $1.66 |
| Forest Ridge | Alder | 2BR,1BA | $1.71 |
| 080-Salem Heights | 2x1 | 2BR,1BA | $1.56 |
| Towne South Apartments | I Bedroom - 1 Bathroom | 1BR,1BA | $1.57 |
| Willamette View Apartments | 87011 | 1BR,1BA | $1.81 |
| 3441 3rd Ave | 1 Bed 1 Bath | 1BR,1BA | $1.59 |
Frequently Asked Questions about Cheap South Salem Apartments
How much is rent for a Cheap One Bedroom South Salem Apartment?
The lowest price for a Cheap One Bedroom South Salem Apartment is $995 at 3441 3rd Ave.
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 $1,250 at 080-Salem Heights.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





