Cheap Apartments for Rent in Salem, VA from $400 (17 Rentals)

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34-48 Goodwin Ave
1 to 2 Bedroom Apartments

34-48 Goodwin Ave

34-48 Goodwin AveSalem, VA 24153

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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415 Union St
Studio Apartments

415 Union St

415 Union StSalem, VA 24153
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832 Westside
1 to 2 Bedroom Apartments

832 Westside

832 NW Westside BlvdRoanoke, VA 24017
  • Utilities Included

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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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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Colonial Yorktown
1 to 3 Bedroom Apartments

Colonial Yorktown

2920 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included

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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Greenbrier West
1 Bedroom Apartments

Greenbrier West

4102-4112 Virginia Ave NWRoanoke, VA 24017
  • Utilities Included
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Brandon West
2 Bedroom Apartments

Brandon West

2754 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included

Salem, VA Local Guide

Cheapest Neighborhoods for Apartments in Salem, VA

Pricing Updated: 09/12/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Salem$1,618$98558

Cheapest Available Salem Apartments for Rent

 

The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at The Everett in the Deyerle neighborhood priced from $899. Cedarwood Apartments in the Deyerle neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Everett1 Bed 1Bath - 1A1BR,1BA$899
Cedarwood Apartments1BR/1.0BA1BR,1BA$915
The Historic Blair Apartments2BR/1.0BA2BR,1BA$1,025
North View ApartmentsClassic plus1BR,1BA$1,049
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1,075

Best Value Apartments for Rent in Salem, VA

As of September 12, 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 2BR/1.5BA Model at Oak Grove Village Apartments- Close to Lew... starting at $1,149 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Oak Grove Village Apartments- Close to Lew...2BR/1.5BA2BR,1.5BA$1.07
West Creek Manor2 Bedroom2BR,1BA$1.07
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.19
Langdon Square2x22BR,2BA$1.55
Salem Wood ApartmentsTwo Bedroom One Bathroom with Patio2BR,1BA$1.50
The Historic Blair Apartments2BR/1.0BA2BR,1BA$1.46
The Everett1 Bed 1Bath - 1A1BR,1BA$1.40
Cedarwood Apartments1BR/1.0BA1BR,1BA$1.53

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Salem, VA

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 $899 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 $999 at The Everett.

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

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.