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Cheap Apartments for Rent in Salem, VA from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.
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801 Westside Blvd NW
RoanokeVA24017
820 Westside Blvd NW
RoanokeVA24017
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.
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1 Bedroom Apartments
Mountain View Terrace Apartments
2353-2363 Mountain View Ter SWRoanoke, VA 24015
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312 13th St SW
RoanokeVA24016
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.
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Salem, VA Local Guide
Roanoke College by roanokecollege is licensed under CC BY 2.0
How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Salem Studio Apartments | $1,412 | $1,412 | $1,412 |
| Cheap Salem 1 Bedroom Apartments | $1,339 | $849 | $2,869 |
| Cheap Salem 2 Bedroom Apartments | $1,489 | $778 | $3,665 |
| Cheap Salem 3 Bedroom Apartments | $1,795 | $1,260 | $3,561 |
Browse Top Apartments in Salem
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Salem, VA Local Guide
- Salem Neighborhoods
- Nearby Cities
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Cheapest Available Salem Apartments for Rent
The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at Cedarwood Apartments in the Deyerle neighborhood priced from $895. The Historic Blair Apartments in the Downtown Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $895 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $895 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1,025 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| The View at 777 | One Bedroom | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Salem, VA
As of December 23, 2025 the best value apartment in the Salem area is the $1.38 price per square foot 3BR/2BA Upgraded Model at Brandon Point Apartments in the in the South Washington Heights neighborhood starting from $1,650. The second greatest value Salem apartment is the 3 Bedroom Model at CAMELOT VILLAGE starting at $1,740 with a $1.63 price per square foot in the Peachtree Norwood neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brandon Point Apartments | 3BR/2BA Upgraded | 3BR,2BA | $1.38 |
| CAMELOT VILLAGE | 3 Bedroom | 3BR,1.5BA | $1.63 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.52 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.14 |
| Langdon Square | 2x2 | 2BR,2BA | $1.55 |
| The Crest Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.52 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.59 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.46 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.49 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Best Local Schools in Salem, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, VA Rentals by Map
See the most popular apartments and homes in Salem, VA
Frequently Asked Questions about Cheap Salem Apartments
How much is rent for a Cheap One Bedroom Salem Apartment?
The lowest price for a Cheap One Bedroom Salem Apartment is $895 at Cedarwood Apartments.
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 $1,025 at The Historic Blair Apartments.
What is the most affordable Salem Three Bedroom Apartment?
The best deal on a cheap Salem Three Bedroom Apartment rental is at The Riverwalk at Salem and starts from $1,385.
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
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.