
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.


The View at 777

Salem Wood Apartments

The Riverwalk at Salem

The Historic Blair Apartments

North View Apartments
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.

The Crest Apartments
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.

The Retreat Apartments

Brandon Point Apartments
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.
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 | $1,396 | $895 | $1,842 |
| Downtown Salem 2 Bedroom Apartments | $1,628 | $1,025 | $3,615 |
| Downtown Salem 3 Bedroom Apartments | $1,740 | $1,385 | $3,110 |
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
Downtown Salem, Salem, VA Local Guide
- Nearby Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 The Historic Blair Apartments priced from $895. North View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. 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 | 1BR/1.0BA | 1BR,1BA | $895 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| The View at 777 | One Bedroom | 1BR,1BA | $1,075 |
| CAMELOT VILLAGE | 2 Bedroom | 2BR,1BA | $1,140 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,215 |
Best Value Apartments for Rent in Downtown Salem, VA
As of November 29, 2025 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 3 Bedroom Model at CAMELOT VILLAGE starting at $1,745 with a $1.63 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 |
| CAMELOT VILLAGE | 3 Bedroom | 3BR,1.5BA | $1.63 |
| 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 | $1.56 |
| The Crest Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.57 |
| The Retreat Apartments | The Summit 1 BR 1 BA | 1BR,1BA | $2.03 |
| North View Apartments | Classic Plus | 2BR,1BA | $1.56 |
| Valleydale Apartments | A3 | 1BR,1BA | $2.38 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.46 |
| The View at 777 | One Bedroom | 1BR,1BA | $1.86 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Salem, Salem, VA
Ranked #1
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Salem Neighborhood in Salem, VA
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $895 at The Historic Blair 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 $1,025 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
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.

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!

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.

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.











