
Cheap Apartments for Rent in Salem, VA from $671 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


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The Historic Blair Apartments

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North View Apartments

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CAMELOT VILLAGE

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The Riverwalk at Salem

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Salem Wood Apartments

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The View at 777

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The Crest Apartments

2223 Bailey Ave

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Valleydale Apartments
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.

34-48 Goodwin Ave

Chateau Riviera Apartments

Elizabeth Heights Apartments

415 Union St

Oak Park Apartments

610 S Market St

216 Dalewood Ave

916 Pyrtle Dr

241 Ward St NW

801 Westside Blvd NW
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.

802 Westside Blvd NW

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Gardens At Grandin - II

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The Cove at Peter's CreeK

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West Creek Manor

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4522 Laurelwood Dr, Unit Basement apartment

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The Pines of Roanoke

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The Oak Grove Village Apartments

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Northridge Village

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Langdon Square

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The Retreat Apartments
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.

1713-1715 Elbert Dr

832 Westside

Ashton Heights

El Ray Apartments

Greenbrier West

Mountain View Terrace Apartments

The Ridge

829 Westside Blvd NW

Cedarwood Apartments

The Everett
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.

3802 Panorama Ave NW

3511 Barberry Ave, NW

Brandon West

Bridgeway Gardens

4121 Wyoming Ave NW

2128 Orange Ave NW

943 35th St NW

926 Westside Blvd NW

837 30th St NW

2006 Sherwood Ave SW
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.
Salem, VA Local Guide

How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Salem Studio Apartments | $1,193 | $900 | $1,486 |
| Cheap Salem 1 Bedroom Apartments | $1,460 | $671 | $2,607 |
| Cheap Salem 2 Bedroom Apartments | $1,580 | $995 | $3,130 |
| Cheap Salem 3 Bedroom Apartments | $1,926 | $1,310 | $3,701 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, VA Local Guide
- Salem Neighborhoods
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Cheapest Neighborhoods for Apartments in Salem, VA
Pricing Updated: 09/22/2026Current apartment rentals in the Salem, VA area range in price from $995 to $3,701 with an overall median price of $1,520. Here is today’s list neighborhoods with the lowest median pricing for Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Salem | $1,520 | $995 | 34 |
Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at 829 Westside Blvd NW in the Peachtree Norwood neighborhood priced from $895. The Historic Blair Apartments in the Downtown Salem neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 829 Westside Blvd NW | 1BR/1.0BA | 1BR, 1BA | $895 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR, 1BA | $995 |
| 3802 Panorama Ave NW | 2BR/1.0BA | 2BR, 1BA | $995 |
| 3511 Barberry Ave, NW | 2BR/1.0BA | 2BR, 1BA | $995 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR, 1BA | $995 |
| Brandon West | 2 Beds, 1 Baths | 2BR, 1BA | $1,010 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR, 1BA | $1,035 |
| The Everett | 1 Bed, 1 Bath A Income-Restricted | 1BR, 1BA | $1,049 |
| CAMELOT VILLAGE | 2 Bedroom | 2BR, 1BA | $1,120 |
Best Value Apartments for Rent in Salem, VA
As of September 22, 2026 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 South Washington Heights neighborhood starting from $1,650. The second greatest value Salem apartment is the 2 Beds, 1.5 Baths Model at Bridgeway Gardens in the Gilmer neighborhood starting at $1,035 with a $0.94 price per square foot. 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 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR, 1.5BA | $0.94 |
| West Creek Manor | 2 Bedroom | 2BR, 1BA | $1.11 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR, 1.5BA | $1.28 |
| 3802 Panorama Ave NW | 2BR/1.0BA | 2BR, 1BA | $1.11 |
| 4522 Laurelwood Dr, Unit Basement apartment | 4522 Laurelwood Dr | 1BR, 1BA | $1.32 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR, 1BA | $1.24 |
| Brandon West | 2 Beds, 1 Baths | 2BR, 1BA | $1.42 |
| 829 Westside Blvd NW | 1BR/1.0BA | 1BR, 1BA | $1.28 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR, 1BA | $1.42 |
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 ArticleNavigating 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 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.
Best Local Schools in Salem, VA
Fort Lewis Elementary School
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 829 Westside Blvd NW.
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 $995 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

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.

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.

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.

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.