Cheap Apartments for Rent near Salem, SC from $550 (31 Rentals)

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

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.

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.

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Applewood Villas
1 to 3 Bedroom Apartments

Applewood Villas

410 W South 4th StSeneca, SC 29678
Corporate Housing

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.

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Timber Ridge
2 Bedroom Apartments

Timber Ridge

100 Timber Ridge LnSeneca, SC 29678
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131 Freedom Dr
2 Bedroom Apartments

131 Freedom Dr

131 Freedom DrClemson, SC 29631
Student Housing

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.

Salem, SC Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, SC is a 3 Beds unit found at Calhoun Lodge East priced from $630. Cambridge Creek Court in the Downtown Clemson neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $675. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Calhoun Lodge East3X2 East Unfurnished3BR, 2BA$630
Cambridge Creek Court3x3.53BR, 3BA$675
Crawford EdgeFurnished 3x4 Flat w/ Study Room3BR, 4BA$770
Riverbank CommonsOne Bedroom1BR, 1BA$850
Windwood ApartmentsClassic 2 Bed 1 Bath2BR, 1BA$850
The Cove at ClemsonD1 - 4x4 Lake View4BR, 4BA$882
FIELD VILLAGE APARTMENTS0 bedroom 1 bathroomStudio, 1BA$888
Shagbark1 Bedroom Apartment in Seneca, SC1BR, 1BA$935
View at Blue Ridge2BR/1.0BA2BR, 1BA$949
Northway ApartmentsRenovated 2 bed 1 Bath2BR, 1BA$950

Best Value Apartments for Rent in Salem, SC and Nearby

As of September 18, 2026 the best value apartment in the Salem area is the $0.36 price per square foot 5x5.5 + Legacy Model at The Pier in the Anderson Core neighborhood starting from $799. The second greatest value Salem apartment is the 4x4 Standard Model at CollegePlace Clemson in the Downtown Clemson neighborhood starting at $1,000 with a $0.65 price per square foot. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Pier5x5.5 + Legacy5BR, 5.5BA$0.36
CollegePlace Clemson4x4 Standard2BR, 4BA$0.65
Cambridge Creek Court2x2.52BR, 2.5BA$0.67
The Collective at Clemson2x2.5 Premium2BR, 2.5BA$0.70
Crawford EdgeFurnished 3x4 Flat w/ Study Room3BR, 4BA$0.55
The Woodlands of Clemson3 Bedroom Flat3BR, 3BA$0.43
Clemson VillageThree bedroom - Per Bedroom3BR, 3BA$0.67
Hart's CoveThree Bedroom3BR, 3BA$0.49
OakcresteThree Bedroom Townhome3BR, 3BA$0.82
Maverick HillsCottage II2BR, 2.5BA$0.88

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.

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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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Salem Apartments

What is the Cheapest Studio apartment in Salem?

Currently the most affordable Cheap Studio Apartment in Salem is at FIELD VILLAGE APARTMENTS listed at $888.

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $850 at Riverbank Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $749 at Calhoun Lodge East.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Calhoun Lodge East and starts from $630.

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

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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.

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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.

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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.

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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.