
Cheap Apartments for Rent in the Southeast Salem Neighborhood of Salem, OR from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southeast Salem area of Salem.


Villa Caprice

1481 Tripp / Lee Apartments

Vista Apartments

1140-1144 13th St SE

1231-1297 Marilyn St SE

2820-2828 Bluff Ave SE
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.

611-619 24th St SE

564-580 17th St SE

2319-2347 Lee St SE

Oakhill Apartments

031-Pringle

Spring Creek Apartments

AMBERMANOR
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.
Southeast Salem, Salem, OR Local Guide

How much does it cost to rent an apartment in Southeast Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Salem 1 Bedroom Apartments | $1,100 | $895 | $1,375 |
| Southeast Salem 2 Bedroom Apartments | $1,242 | $996 | $1,499 |
| Southeast Salem 3 Bedroom Apartments | $2,175 | $2,175 | $2,175 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Southeast Salem Neighborhood of Salem, OR.
See all Apartments in SalemExplore Salem
Southeast Salem, Salem, OR Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Southeast Salem Apartments for Rent
 The cheapest available apartment rental in the Southeast Salem area of Salem, OR is a 1 Bed unit found at 1481 Tripp / Lee Apartments priced from $895. Peace Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Southeast Salem apartments for rent in Salem, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $895 |
| Peace Street | 1 Bedroom | 1BR,1BA | $1,100 |
| Cedar Crest Apartments | One Bedroom | 1BR,1BA | $1,195 |
| Meadowlawn Apartments | Two Bedroom, One Bath | 2BR,1BA | $1,250 |
| The Grove Apartments | Willow | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Southeast Salem, OR
As of June 22, 2026 the best value apartment in the Southeast Salem area is the $1.39 price per square foot 2BR/2.5BA Model at AMBERMANOR in the in the East Lancaster neighborhood starting from $1,595. The second greatest value Southeast Salem apartment is the 2/2 Model at Magnolia36 starting at $1,850 with a $2.21 price per square foot in the Morningside neighborhood. Here is today’s list of the best values for Southeast Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| AMBERMANOR | 2BR/2.5BA | 2BR,2.5BA | $1.39 |
| Magnolia36 | 2/2 | 2BR,2BA | $2.21 |
| 1481 Tripp / Lee Apartments | One Bed | 1BR,1BA | $1.12 |
| The Grove Apartments | Willow | 1BR,1BA | $1.80 |
| Meadowlawn Apartments | One Bedroom, One Bath | 1BR,1BA | $1.87 |
| Cedar Crest Apartments | One Bedroom | 1BR,1BA | $1.71 |
| Peace Street | 1 Bedroom | 1BR,1BA | $2.10 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleSoutheast Salem, Salem, OR
Ranked #27
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Southeast Salem Apartments
How much is rent for a Cheap One Bedroom Southeast Salem Apartment?
The lowest price for a Cheap One Bedroom Southeast Salem Apartment is $895 at 1481 Tripp / Lee Apartments.
What is the lowest price for a Cheap Two Bedroom Southeast Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southeast Salem is starting from $1,250 at Meadowlawn Apartments.
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.