
Cheap Apartments for Rent in Salem, VA from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Salem.


The Historic Blair Apartments

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The Crest Apartments

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The Riverwalk at Salem

Total Monthly Price
The View at 777

34-48 Goodwin Ave

Chateau Riviera Apartments

Elizabeth Heights Apartments
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.

415 Union St

Oak Park Apartments

809 Westside Blvd NW

813 Westside Blvd NW

4206 Vermont Ave NW

817 Westside Blvd NW

2363 Mountain View Terrace SW

3720 Panorama Ave NW
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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The Cove Apartments

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West Creek Manor

Gardens At Grandin - II

Total Monthly Price
Brandon Point Apartments

Northridge Village

Oak Grove Village Apartments

Total Monthly Price
The Pines of Roanoke

832 Westside
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Ashton Heights

El Ray Apartments

Mountain View Terrace Apartments

Greenbrier West

The Everett

The Ridge

821 Salem Ave SW

Cedarwood Apartments
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.

922 12th St SE

2102 Westover Ave SW

717 Orange Ave NW

110 Campbell Ave SE

2516 Oakland Blvd NW

Bridgeway Gardens

Brandon West

10-12 1/2 12 1/2 St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

113 Norfolk Ave SW

333 Harrison Ave NW

2916 Courtland Rd NW

356 Walnut Ave SW
Salem, VA Local Guide

How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $1,374 | $1,374 | $1,374 |
| Salem 1 Bedroom Apartments | $1,290 | $696 | $2,059 |
| Salem 2 Bedroom Apartments | $1,703 | $923 | $2,875 |
| Salem 3 Bedroom Apartments | $2,053 | $1,310 | $3,569 |
Browse Top Apartments in Salem
See all Apartments in SalemExplore Salem
Salem, VA Local Guide
- Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Salem, VA
Pricing Updated: 05/08/2026Current apartment rentals in the Salem, VA area range in price from to with an overall median price of . 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 | $1,550 | $1,049 | 37 |
Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at The Everett in the Deyerle neighborhood priced from $839. Cedarwood Apartments in the Deyerle neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Everett | 1 Bed, 1 Bath C Income-Restricted | 1BR,1BA | $839 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $875 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1,125 |
| The Crest Apartments | One Bedroom One Bathroom with Den | 1BR,1BA | $1,185 |
| North View Apartments | Classic Plus | 2BR,1BA | $1,199 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,215 |
| Oak Grove Village Apartments | Bulk market rent | 2BR,1BA | $1,245 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1,280 |
| CAMELOT VILLAGE | 1 Bedroom | 1BR,1BA | $1,355 |
Best Value Apartments for Rent in Salem, VA and Nearby
As of May 09, 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 Bulk market rent Model at Oak Grove Village Apartments starting at $1,245 with a $1.16 price per square foot in the Deyerle 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 |
| Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.44 |
| Langdon Square | 2x2 | 2BR,2BA | $1.55 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.72 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.71 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $1.62 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.46 |
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 $839 at The Everett.
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 $1,095 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 Crest Apartments and starts from $1,375.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.