Cheap Apartments for Rent in Salem, VA from $400 (44 Rentals)

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The Crest Apartments
Rent Specials
$1,185 - $3,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $3,425

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Crest Apartments

128 Rutledge DrSalem, VA 24153
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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The Riverwalk at Salem
$1,215 - $1,485
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,215 - $1,485

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

The Riverwalk at Salem

1650 Lancing DrSalem, VA 24153
Corporate Housing
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The View at 777
$1,259 - $2,434
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,180 - $2,355
Required Monthly Fees
$79

Total Monthly Price
$1,259 - $2,434
1 to 3 Bedroom Apartments Available May 12

The View at 777

777 Roanoke BlvdSalem, VA 24153
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34-48 Goodwin Ave
1 to 2 Bedroom Apartments

34-48 Goodwin Ave

34-48 Goodwin AveSalem, VA 24153

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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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 809 Westside Blvd NW

$696

Total Monthly Price

Total Monthly Price

Base Rent
$696

Total Monthly Price
$696

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Westside Blvd NW

RoanokeVA24017
property at 813 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

813 Westside Blvd NW

RoanokeVA24017
property at 4206 Vermont Ave NW

$723

Total Monthly Price

Total Monthly Price

Base Rent
$723

Total Monthly Price
$723

1 Bedroom, 1 Bath Home for Rent

Available Now

4206 Vermont Ave NW

RoanokeVA24017
property at 817 Westside Blvd NW

$746

Total Monthly Price

Total Monthly Price

Base Rent
$746

Total Monthly Price
$746

1 Bedroom, 1 Bath Home for Rent

Available Now

817 Westside Blvd NW

RoanokeVA24017
property at 3720 Panorama Ave NW

$923

Total Monthly Price

Total Monthly Price

Base Rent
$923

Total Monthly Price
$923

2 Bedroom Rentals

Available Now

3720 Panorama Ave NW

RoanokeVA24017

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
$971 - $2,423
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $2,368
Required Monthly Fees
$55

Total Monthly Price
$971 - $2,423
2 to 3 Bedroom Apartments Available May 22

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
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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 May 22

West Creek Manor

410-1 Westside Blvd NWRoanoke, VA 24017
Furnished
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  • Utilities Included
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Brandon Point Apartments
$1,150 - $1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,650

Total Monthly Price
$1,150 - $1,650
2 to 3 Bedroom Apartments Available Now

Brandon Point Apartments

3801-3819 Stratford Park Dr SWRoanoke, VA 24018
Family Friendly
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  • Utilities Included
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The Pines of Roanoke
$1,275 - $3,569
Total Monthly Price

Total Monthly Price

Base Rent
$1,267 - $3,561
Required Monthly Fees
$8

Total Monthly Price
$1,275 - $3,569
1 to 3 Bedroom Apartments Available Now

The Pines of Roanoke

4630 Roxbury Ln SWRoanoke, VA 24018
Corporate Housing
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832 Westside
1 to 2 Bedroom Apartments

832 Westside

832 NW Westside BlvdRoanoke, VA 24017
  • Utilities Included

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.

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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
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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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The Ridge
1 to 3 Bedroom Apartments

The Ridge

2920 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included
property at 821 Salem Ave SW

$870

Total Monthly Price

Total Monthly Price

Base Rent
$870

Total Monthly Price
$870

Studio, 1 Bath Condo for Rent

Available Jun 25

821 Salem Ave SW

RoanokeVA24016
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

4138 Crest Hill DrRoanoke, VA 24018
  • 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.

property at 922 12th St SE

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

922 12th St SE

RoanokeVA24013
property at 2102 Westover Ave SW

$899

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

1 Bedroom, 1 Bath Home for Rent

Available Now

2102 Westover Ave SW

RoanokeVA24015
property at 717 Orange Ave NW

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

717 Orange Ave NW

RoanokeVA24016
property at 110 Campbell Ave SE

$935 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$935

Total Monthly Price
$935

Studio To 1 Bedroom Rentals

Available Now

110 Campbell Ave SE

RoanokeVA24011
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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Bridgeway Gardens
2 Bedroom Apartments

Bridgeway Gardens

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

Brandon West

2754 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included
property at 10-12 1/2 12 1/2 St

$1,023

Total Monthly Price

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1.5 Bath Home for Rent

Available Now

10-12 1/2 12 1/2 St

RoanokeVA24016

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.

property at 113 Norfolk Ave SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom Rentals

Available Now

113 Norfolk Ave SW

RoanokeVA24011
property at 333 Harrison Ave NW

$1,123

Total Monthly Price

Total Monthly Price

Base Rent
$1,123

Total Monthly Price
$1,123

3 Bedroom, 2 Bath Home for Rent

Available Now

333 Harrison Ave NW

RoanokeVA24016
property at 2916 Courtland Rd NW

$1,123

Total Monthly Price

Total Monthly Price

Base Rent
$1,123

Total Monthly Price
$1,123

2 Bedroom, 1 Bath Home for Rent

Available May 17

2916 Courtland Rd NW

RoanokeVA24012
property at 356 Walnut Ave SW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

356 Walnut Ave SW

RoanokeVA24016

Salem, VA Local Guide

Cheapest Neighborhoods for Apartments in Salem, VA

Pricing Updated: 05/08/2026

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$1,550$1,04937

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 ListingModel NameBed/BathPriced From
The Everett1 Bed, 1 Bath C Income-Restricted1BR,1BA$839
Cedarwood Apartments1BR/1.0BA1BR,1BA$875
The Historic Blair Apartments1BR/1.0BA1BR,1BA$1,050
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1,125
The Crest ApartmentsOne Bedroom One Bathroom with Den1BR,1BA$1,185
North View ApartmentsClassic Plus2BR,1BA$1,199
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1BA$1,215
Oak Grove Village ApartmentsBulk market rent2BR,1BA$1,245
The Pines of RoanokeThe Pinewood1BR,1BA$1,280
CAMELOT VILLAGE1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Oak Grove Village ApartmentsBulk market rent2BR,1.5BA$1.16
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1.07
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
The Everett2 Bed, 1 Bath A Standard2BR,1BA$1.44
Langdon Square2x22BR,2BA$1.55
Salem Wood ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.72
The Pines of RoanokeThe Pinewood1BR,1BA$1.71
The Historic Blair Apartments1BR/1.0BA1BR,1BA$1.62
Cedarwood Apartments1BR/1.0BA1BR,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.

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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 $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

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.