
Cheap Apartments for Rent in Salem, VA from $400 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


North View Apartments

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The Historic Blair Apartments

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CAMELOT VILLAGE

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The Crest Apartments

Total Monthly Price
The Riverwalk at Salem

Total Monthly Price
The View at 777

Valleydale Apartments

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Salem Wood Apartments

2223 Bailey Ave
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

916 Pyrtle Dr

216 Dalewood Ave

17 S College Ave

817 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

813 Westside Blvd NW

809 Westside Blvd NW

2363 Mountain View Terrace SW

3720 Panorama Ave NW

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The Cove Apartments

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Gardens At Grandin - II

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West Creek Manor

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Northridge Village

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The Pines of Roanoke
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.

The Oak Grove Village Apartments

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Brandon Point Apartments

1734-1736 Elbert Dr

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Langdon Square

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The Retreat Apartments

832 Westside

Ashton Heights

El Ray Apartments

Mountain View Terrace Apartments

Greenbrier West
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.

The Ridge

Cedarwood Apartments

2516 Oakland Blvd NW

The Everett

Bridgeway Gardens

Brandon West

3821 Vermont Ave NW

1234 Pechin Ave SE

813 Gilmer Ave NW

1817 Bluemont 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 | $1,137 | $900 | $1,374 |
| Cheap Salem 1 Bedroom Apartments | $1,313 | $646 | $2,601 |
| Cheap Salem 2 Bedroom Apartments | $1,606 | $823 | $3,070 |
| Cheap Salem 3 Bedroom Apartments | $2,039 | $1,295 | $3,700 |
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: 08/07/2026Current apartment rentals in the Salem, VA area range in price from $1,049 to $3,700 with an overall median price of $1,535. 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 | $1,535 | $1,049 | 25 |
Cheapest Available Salem Apartments for Rent
 The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at Gardens At Grandin - II in the Gilmer neighborhood priced from $995. Bridgeway Gardens in the Gilmer neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,035. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1BA | $1,035 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1,050 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1,100 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1,169 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1,234 |
| The Everett | 2 Bed, 1 Bath B Income-Restricted | 2BR,1BA | $1,248 |
| The Crest Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,270 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Salem, VA
As of August 08, 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 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 starting at $1,035 with a $0.94 price per square foot in the Gilmer 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 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| 2308 Wood Gate Ln, Unit Ridgewood Farms | 2308 Wood Gate Ln | 2BR,2BA | $1.45 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.36 |
| The Everett | 2 Bed, 1 Bath A Income-Restricted | 2BR,1BA | $1.38 |
| Langdon Square | 2x2 | 2BR,2BA | $1.55 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1.47 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
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.
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 $995 at Gardens At Grandin - II.
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 $1,035 at Bridgeway Gardens.
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 $1,465.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.