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$1,374 - $2,622
Plus Fees
Studio to 3 Bedroom Apartments Available Jul 21Valleydale Apartments
928 Ohio AveSalem, VA 24153
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.
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$1,049 - $1,449
Plus Fees
1 to 2 Bedroom Apartments Available NowNorth View Apartments
510 Yorkshire StSalem, VA 24153
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$1,390 - $2,345
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,320 - $2,275
Required Monthly Fees
$70
Total Monthly Price
$1,390 - $2,345
Salem Wood Apartments
100 KIMBALL AveSalem, VA 24153
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$1,215 - $1,485
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,215 - $1,485
Total Monthly Price
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The Riverwalk at Salem
1650 Lancing DrSalem, VA 24153
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Rent Specials
$1,310 - $1,765
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $1,760
Required Monthly Fees
$5
Total Monthly Price
$1,310 - $1,765
CAMELOT VILLAGE
900 Camelot DrSalem, VA 24153
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$995 - $1,175
Plus Fees
2 Bedroom Apartments Available NowThe Historic Blair Apartments
231 Chestnut StSalem, VA 24153
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$1,239 - $2,419
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,160 - $2,340
Required Monthly Fees
$79
Total Monthly Price
$1,239 - $2,419
The View at 777
777 Roanoke BlvdSalem, 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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$1,195 - $3,595
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,195 - $3,595
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The Crest Apartments
128 Rutledge DrSalem, VA 24153
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Studio Apartments
415 Union St
415 Union StSalem, VA 24153
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2 Bedroom Apartments
Academy Court
113-129 Academy StSalem, VA 24153
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1 to 2 Bedroom Apartments
GreenBrier Apartments
500 Poage LnSalem, VA 24153
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Studio Apartments
400A-400B Union St
400A-400B Union StSalem, VA 24153
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Studio Apartments
219 W Main St
219 W Main StSalem, VA 24153
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1 to 3 Bedroom Apartments
Chateau Riviera Apartments
1817 Breaburn DrSalem, 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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1 to 3 Bedroom Apartments
Oak Park Apartments
105 Otter AveSalem, VA 24153
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2 to 3 Bedroom Apartments
Salem Commons
1866 Salem Commons LnSalem, VA 24153
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2 Bedroom Apartments
Elizabeth Heights Apartments
501 Idaho StSalem, VA 24153
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1 to 3 Bedroom Apartments
Easton Gardens
1139 Easton RdSalem, VA 24153
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$1,150 - $1,650
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,650
Total Monthly Price
$1,150 - $1,650
Brandon Point Apartments
3801-3819 Stratford Park Dr SWRoanoke, VA 24018
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$1,473 - $3,412
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,448 - $3,387
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Total Monthly Price
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The Retreat Apartments
6500 Grand Retreat DrRoanoke, VA 24019
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1 to 2 Bedroom Apartments
Stratford Village
3780 Stratford Park Dr SWRoanoke, VA 24018
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.
Showing Results 1-21, Page 1 of 1
Downtown Salem, Salem, VA Local Guide
Roanoke College by roanokecollege is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Salem Studio Apartments | $1,374 | $1,374 | $1,374 |
| Downtown Salem 1 Bedroom Apartments | $1,543 | $1,049 | $2,149 |
| Downtown Salem 2 Bedroom Apartments | $1,700 | $995 | $2,925 |
| Downtown Salem 3 Bedroom Apartments | $1,969 | $1,385 | $3,520 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
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Cheapest Available Downtown Salem Apartments for Rent
The cheapest available apartment rental in the Downtown Salem area of Salem, VA is a 2 Beds unit found at The Historic Blair Apartments priced from $995. North View Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,199. Here are the most affordable Downtown Salem apartments for rent in Salem, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| North View Apartments | Classic Plus | 2BR,1BA | $1,199 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,215 |
| The View at 777 | Two Bedroom A | 2BR,1BA | $1,239 |
| The Crest Apartments | Two Bedroom One Bathroom with Den | 2BR,1BA | $1,255 |
Best Value Apartments for Rent in Downtown Salem, VA
As of June 09, 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 The Ridge 2 BR 2 BA Model at The Retreat Apartments starting at $1,883 with a $1.72 price per square foot in the Peachtree Norwood 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 Retreat Apartments | The Ridge 2 BR 2 BA | 2BR,2BA | $1.72 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Crest Apartments | Two Bedroom One Bathroom with Den | 2BR,1BA | $1.41 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.64 |
| North View Apartments | Reno | 2BR,1BA | $1.89 |
| CAMELOT VILLAGE | 1 Bedroom | 1BR,1.5BA | $1.93 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.42 |
| The View at 777 | One Bedroom | 1BR,1BA | $2.36 |
Frequently Asked Questions about Cheap Downtown Salem 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 $995 at The Historic Blair 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
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Written by: Christine Leonard, Esq.
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Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.