Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, VA from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.

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Valleydale Apartments
$1,486 - $2,524

Total Monthly Price

Base Rent$1,374 - $2,412
Required Monthly Fees$112

Total Monthly Price$1,486 - $2,524
Studio to 3 Bedroom Apartments Available Oct 3

Valleydale Apartments

928 Ohio AveSalem, VA 24153
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The Riverwalk at Salem
$1,215 - $1,485

Total Monthly Price

Base Rent$1,215 - $1,485

Total Monthly PriceVaries
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

The Riverwalk at Salem

1650 Lancing DrSalem, VA 24153
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Salem Wood Apartments
$1,270 - $3,420

Total Monthly Price

Base Rent$1,200 - $3,350
Required Monthly Fees$70

Total Monthly Price$1,270 - $3,420
2 Bedroom Apartments Available Now

Salem Wood Apartments

100 KIMBALL AveSalem, VA 24153
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CAMELOT VILLAGE
$1,120 - $1,800

Total Monthly Price

Base Rent$1,115 - $1,795
Required Monthly Fees$5

Total Monthly Price$1,120 - $1,800
1 to 3 Bedroom Apartments Available Now

CAMELOT VILLAGE

900 Camelot DrSalem, VA 24153
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The View at 777
$1,344 - $2,719

Total Monthly Price

Base Rent$1,265 - $2,640
Required Monthly Fees$79

Total Monthly Price$1,344 - $2,719
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The View at 777

777 Roanoke BlvdSalem, VA 24153
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The Crest Apartments
$1,395 - $3,305

Total Monthly Price

Base Rent$1,395 - $3,305

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Crest Apartments

128 Rutledge DrSalem, VA 24153
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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415 Union St
Studio Apartments

415 Union St

415 Union StSalem, VA 24153
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Academy Court
2 Bedroom Apartments

Academy Court

113-129 Academy StSalem, VA 24153
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219 W Main St
Studio Apartments

219 W Main St

219 W Main StSalem, VA 24153

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Oak Park Apartments
1 to 3 Bedroom Apartments

Oak Park Apartments

105 Otter AveSalem, VA 24153
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Salem Commons
2 to 3 Bedroom Apartments

Salem Commons

1866 Salem Commons LnSalem, VA 24153
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Easton Gardens
1 to 3 Bedroom Apartments

Easton Gardens

1139 Easton RdSalem, VA 24153
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Brandon Point Apartments
$1,550 - $1,650

Total Monthly Price

Base Rent$1,550 - $1,650

Total Monthly Price$1,550 - $1,650
12 Month Lease Term
3 Bedroom Apartments Available Now

Brandon Point Apartments

3801-3819 Stratford Park Dr SWRoanoke, VA 24018
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The Retreat Apartments
Rent Specials
$1,443 - $3,121

Total Monthly Price

Base Rent$1,418 - $3,096
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Retreat Apartments

6500 Grand Retreat DrRoanoke, VA 24019
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Stratford Village
1 to 2 Bedroom Apartments

Stratford Village

3780 Stratford Park Dr SWRoanoke, VA 24018

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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. CAMELOT VILLAGE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here are the most affordable Downtown Salem apartments for rent in Salem, VA:

Apartment ListingModel NameBed/BathPriced From
The Historic Blair Apartments2BR/1.0BA2BR, 1BA$995
CAMELOT VILLAGE2 Bedroom2BR, 1BA$1,120
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR, 1BA$1,215
Salem Wood ApartmentsTwo Bedroom One Bathroom with Patio2BR, 1BA$1,270
The View at 777Two Bedroom A2BR, 1BA$1,344

Best Value Apartments for Rent in Downtown Salem, VA

As of September 22, 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 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 in the Peachtree Norwood neighborhood starting at $1,749 with a $1.60 price per square foot. Here is today’s list of the best values for Downtown Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR, 2BA$1.38
The Retreat ApartmentsThe Ridge 2 BR 2 BA2BR, 2BA$1.60
CAMELOT VILLAGE3 Bedroom3BR, 1.5BA$1.63
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR, 1.5BA$1.28
Salem Wood ApartmentsTwo Bedroom One Bathroom with Den2BR, 1BA$1.56
The Crest ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1.70
The Historic Blair Apartments2BR/1.0BA2BR, 1BA$1.42
The View at 777One Bedroom1BR, 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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