
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, VA from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.


North View Apartments

The View at 777

The Riverwalk at Salem

Salem Wood Apartments

CAMELOT VILLAGE

The Crest Apartments
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The Historic Blair Apartments

415 Union St

Academy Court

GreenBrier Apartments

400A-400B Union St

219 W Main St

Chateau Riviera Apartments
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Oak Park Apartments

Salem Commons

Elizabeth Heights Apartments

Easton Gardens

The Retreat Apartments

Brandon Point Apartments

Stratford Village
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Downtown Salem, Salem, VA Local Guide

How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem Studio Apartments | $1,412 | $1,412 | $1,412 |
| Downtown Salem 1 Bedroom Apartments | $1,421 | $1,049 | $2,525 |
| Downtown Salem 2 Bedroom Apartments | $1,769 | $1,160 | $3,510 |
| Downtown Salem 3 Bedroom Apartments | $1,908 | $1,385 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, VA.
See all Apartments in SalemExplore Salem
Cheapest Available Downtown Salem Apartments for Rent
 The cheapest available apartment rental in the Downtown Salem area of Salem, VA is a 1 Bed unit found at North View Apartments priced from $1,049. The Historic Blair Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Downtown Salem apartments for rent in Salem, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $1,075 |
| The View at 777 | One Bedroom | 1BR,1BA | $1,120 |
| The Crest Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,135 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,215 |
Best Value Apartments for Rent in Downtown Salem, VA
As of January 19, 2026 the best value apartment in the Downtown 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 Downtown Salem apartment is the 2 Bedroom, 1.5 Bath Model at The Riverwalk at Salem starting at $1,215 with a $1.28 price per square foot in the South Washington Heights neighborhood. Here is today’s list of the best values for Downtown 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 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| Salem Wood Apartments | Two Bedroom One Bathroom with Patio | 2BR,1BA | $1.68 |
| The Crest Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.43 |
| The Retreat Apartments | The Summit 1 BR 1 BA | 1BR,1BA | $1.91 |
| North View Apartments | Reno | 2BR,1BA | $1.69 |
| CAMELOT VILLAGE | 1 Bedroom | 1BR,1.5BA | $1.86 |
| Valleydale Apartments | A3 | 1BR,1BA | $2.38 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| The View at 777 | One Bedroom | 1BR,1BA | $1.94 |
Frequently Asked Questions about Cheap Downtown Salem Apartments
How much is rent for a Cheap One Bedroom Downtown Salem Apartment?
The lowest price for a Cheap One Bedroom Downtown Salem Apartment is $1,049 at North View Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Salem is starting from $1,170 at The Crest Apartments.
What is the most affordable Downtown Salem Three Bedroom Apartment?
The best deal on a cheap Downtown Salem Three Bedroom Apartment rental is at The Riverwalk at Salem and starts from $1,385.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!