Cheap Apartments for Rent in Salem, VA from $400 (59 Rentals)

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

property at 754 Dalewood Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Aug 21

754 Dalewood Ave

SalemVA24153
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CAMELOT VILLAGE
$1,245 - $1,570
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $1,565
Required Monthly Fees
$5

Total Monthly Price
$1,245 - $1,570
1 to 3 Bedroom Apartments Available Now

CAMELOT VILLAGE

900 Camelot DrSalem, VA 24153
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The Crest Apartments
$1,270 - $3,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $3,700

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Crest Apartments

128 Rutledge DrSalem, VA 24153
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The Riverwalk at Salem
Rent Specials
$1,295 - $1,565
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,215 - $1,485
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

The Riverwalk at Salem

1650 Lancing DrSalem, VA 24153
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The View at 777
$1,339 - $2,644
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,260 - $2,565
Required Monthly Fees
$79

Total Monthly Price
$1,339 - $2,644
1 to 3 Bedroom Apartments Available Now

The View at 777

777 Roanoke BlvdSalem, VA 24153
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Salem Wood Apartments
$1,375 - $3,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $3,455
Required Monthly Fees
$70

Total Monthly Price
$1,375 - $3,525
2 Bedroom Apartments Available Now

Salem Wood Apartments

100 KIMBALL AveSalem, VA 24153
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property at 2223 Bailey Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom Rentals

Available Now

2223 Bailey Ave

SalemVA24153

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.

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34-48 Goodwin Ave
1 to 2 Bedroom Apartments

34-48 Goodwin Ave

34-48 Goodwin AveSalem, VA 24153
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415 Union St
Studio Apartments

415 Union St

415 Union StSalem, VA 24153
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Oak Park Apartments
1 to 3 Bedroom Apartments

Oak Park Apartments

105 Otter AveSalem, VA 24153
  • Utilities Included
property at 610 S Market St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

Studio Rentals

Available Now

610 S Market St

SalemVA24153
property at 916 Pyrtle Dr

$1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

2 Bedroom, 1 Bath Home for Rent

Available Now

916 Pyrtle Dr

SalemVA24153
property at 216 Dalewood Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 24

216 Dalewood Ave

SalemVA24153
property at 17 S College Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

17 S College Ave

SalemVA24153
property at 817 Westside Blvd NW

$646

Total Monthly Price

Total Monthly Price

Base Rent
$646

Total Monthly Price
$646

1 Bedroom, 1 Bath Home for Rent

Available Now

817 Westside Blvd NW

RoanokeVA24017

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.

property at 802 Westside Blvd NW

$671

Total Monthly Price

Total Monthly Price

Base Rent
$671

Total Monthly Price
$671

1 Bedroom, 1 Bath Home for Rent

Available Now

802 Westside Blvd NW

RoanokeVA24017
property at 813 Westside Blvd NW

$671

Total Monthly Price

Total Monthly Price

Base Rent
$671

Total Monthly Price
$671

1 Bedroom, 1 Bath Home for Rent

Available Now

813 Westside Blvd NW

RoanokeVA24017
property at 809 Westside Blvd NW

$716

Total Monthly Price

Total Monthly Price

Base Rent
$716

Total Monthly Price
$716

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Westside Blvd NW

RoanokeVA24017
property at 2363 Mountain View Terrace SW

$795 - $850

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom Rentals

Available Now

property at 3720 Panorama Ave NW

$823 - $878

Total Monthly Price

Total Monthly Price

Base Rent
$823

Total Monthly Price
$823

2 Bedroom Rentals

Available Now

3720 Panorama Ave NW

RoanokeVA24017
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The Cove Apartments
$916 - $1,130
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $1,130

Total Monthly Price
$916 - $1,130
2 to 3 Bedroom Apartments Available Aug 12

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
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West Creek Manor
$1,025 - $1,385
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,335
Required Monthly Fees
$50

Total Monthly Price
$1,025 - $1,385
1 to 3 Bedroom Apartments Available Now

West Creek Manor

410-1 Westside Blvd NWRoanoke, VA 24017
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Northridge Village
$1,217 - $1,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,217 - $1,515

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Aug 31

Northridge Village

5204 Lancelot LnRoanoke, VA 24019
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The Pines of Roanoke
$1,234 - $3,568
Total Monthly Price

Total Monthly Price

Base Rent
$1,227 - $3,561
Required Monthly Fees
$7

Total Monthly Price
$1,234 - $3,568
1 to 3 Bedroom Apartments Available Now

The Pines of Roanoke

4630 Roxbury Ln SWRoanoke, VA 24018
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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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Brandon Point Apartments
$1,250 - $1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,650

Total Monthly Price
$1,250 - $1,650
2 to 3 Bedroom Apartments Available Now

Brandon Point Apartments

3801-3819 Stratford Park Dr SWRoanoke, VA 24018
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property at 1734-1736 Elbert Dr

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 2 Bath Home for Rent

Available Aug 17

1734-1736 Elbert Dr

RoanokeVA24018
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Langdon Square
Rent Specials
$1,399 - $1,799
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399 - $1,799

Total Monthly Price
$1,399 - $1,799
2 to 3 Bedroom Apartments Available Now

Langdon Square

2002 Langdon Rd SWRoanoke, VA 24015
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The Retreat Apartments
Rent Specials
$1,477 - $3,389
Total Monthly Price

Total Monthly Price

Base Rent
$1,452 - $3,364
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Retreat Apartments

6500 Grand Retreat DrRoanoke, VA 24019
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832 Westside
1 to 2 Bedroom Apartments

832 Westside

832 NW Westside BlvdRoanoke, VA 24017
  • Utilities Included
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Ashton Heights
1 to 3 Bedroom Apartments

Ashton Heights

3530 Dona Dr NWRoanoke, VA 24017
  • Utilities Included
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El Ray Apartments
1 to 2 Bedroom Apartments

El Ray Apartments

2627 Westover Ave SWRoanoke, VA 24015
  • Utilities Included
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Greenbrier West
1 Bedroom Apartments

Greenbrier West

4102-4112 Virginia Ave NWRoanoke, VA 24017
  • Utilities Included

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.

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The Ridge
1 to 3 Bedroom Apartments

The Ridge

2920 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

4138 Crest Hill DrRoanoke, VA 24018
  • Utilities Included
property at 2516 Oakland Blvd NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

2516 Oakland Blvd NW

RoanokeVA24012
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The Everett
1 to 3 Bedroom Apartments

The Everett

4301 Garst Mill RdRoanoke, VA 24018
  • Utilities Included
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Bridgeway Gardens
2 Bedroom Apartments

Bridgeway Gardens

2307-2317 Memorial Ave SWRoanoke, VA 24015
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Brandon West
2 Bedroom Apartments

Brandon West

2754 Brandon Ave SWRoanoke, VA 24015
property at 3821 Vermont Ave NW

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

3821 Vermont Ave NW

RoanokeVA24017
property at 1234 Pechin Ave SE

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Feb 1, 2027

1234 Pechin Ave SE

RoanokeVA24013
property at 813 Gilmer Ave NW

$1,322

Total Monthly Price

Total Monthly Price

Base Rent
$1,322

Total Monthly Price
$1,322

2 Bedroom, 1 Bath Home for Rent

Available Now

813 Gilmer Ave NW

RoanokeVA24016
property at 1817 Bluemont Ave SW

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1817 Bluemont Ave SW

RoanokeVA24015

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

Cheapest Neighborhoods for Apartments in Salem, VA

Pricing Updated: 08/07/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Salem$1,535$1,04925

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 ListingModel NameBed/BathPriced From
Gardens At Grandin - II1BR/1.0BA1BR,1BA$995
Bridgeway Gardens2 Beds, 1.5 Baths2BR,1BA$1,035
North View ApartmentsClassic plus1BR,1BA$1,049
Brandon West2 Beds, 1 Baths2BR,1BA$1,050
The Historic Blair Apartments2BR/1.0BA2BR,1BA$1,100
West Creek Manor2 Bedroom2BR,1BA$1,169
The Pines of RoanokeThe Pinewood1BR,1BA$1,234
The Everett2 Bed, 1 Bath B Income-Restricted2BR,1BA$1,248
The Crest ApartmentsOne Bedroom One Bathroom1BR,1BA$1,270
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Bridgeway Gardens2 Beds, 1.5 Baths2BR,1.5BA$0.94
2308 Wood Gate Ln, Unit Ridgewood Farms2308 Wood Gate Ln2BR,2BA$1.45
West Creek Manor2 Bedroom2BR,1BA$1.11
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.36
The Everett2 Bed, 1 Bath A Income-Restricted2BR,1BA$1.38
Langdon Square2x22BR,2BA$1.55
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.24
Brandon West2 Beds, 1 Baths2BR,1BA$1.47
The Historic Blair Apartments2BR/1.0BA2BR,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.

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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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Quick 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.

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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

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

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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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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.

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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.

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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.