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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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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Oak Park Apartments
1 to 3 Bedroom Apartments

Oak Park Apartments

105 Otter AveSalem, VA 24153
  • Utilities Included
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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 Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $1,650

Total Monthly Price
$1,550 - $1,650
3 Bedroom Apartments Available Now

Brandon Point Apartments

3801-3819 Stratford Park Dr SWRoanoke, VA 24018
Family Friendly
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Stratford Village
1 to 2 Bedroom Apartments

Stratford Village

3780 Stratford Park Dr SWRoanoke, VA 24018

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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 1 Bed unit found at The Historic Blair Apartments priced from $995. North View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Salem apartments for rent in Salem, VA:

Apartment ListingModel NameBed/BathPriced From
The Historic Blair Apartments1BR/1.0BA1BR,1BA$995
North View ApartmentsClassic plus1BR,1BA$999
The Crest ApartmentsOne Bedroom One Bathroom1BR,1BA$1,130
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1BA$1,215
Salem Wood ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,430

Best Value Apartments for Rent in Downtown Salem, VA

As of March 10, 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 Three Bedroom Model at The View at 777 starting at $1,485 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
The View at 777Three Bedroom3BR,1BA$1.52
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Salem Wood ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.68
The Retreat ApartmentsThe Summit 1 BR 1 BA1BR,1BA$1.84
North View ApartmentsReno2BR,1BA$1.69
The Historic Blair Apartments1BR/1.0BA1BR,1BA$1.53
The Crest ApartmentsOne Bedroom One Bathroom1BR,1BA$1.95

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 $995 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 $1,199 at North View 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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.