close
View Me
1 to 2 Bedroom Apartments
34-48 Goodwin Ave
34-48 Goodwin AveSalem, VA 24153
Cheap Apartments for Rent in the Downtown Salem Neighborhood of Salem, VA from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Salem area of Salem.
close
View Me
1 to 3 Bedroom Apartments
Chateau Riviera Apartments
1817 Breaburn DrSalem, VA 24153
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
2 Bedroom Apartments
Elizabeth Heights Apartments
501 Idaho StSalem, VA 24153
close
View Me
Studio Apartments
415 Union St
415 Union StSalem, VA 24153
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
Showing Results 1-4, 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 | $1,502 | $1,049 | $2,424 |
| Downtown Salem 2 Bedroom Apartments | $1,817 | $1,100 | $3,390 |
| Downtown Salem 3 Bedroom Apartments | $2,028 | $1,545 | $3,330 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Salem Neighborhood of Salem, VA.
See all Apartments in SalemExplore Salem
Let everyone know!
Do you know the Downtown Salem area?
If you’re an expert on all things Downtown Salem, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Downtown Salem, VA
As of July 24, 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 Two Bathroom Model at The Crest Apartments starting at $1,595 with a $1.50 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 Crest Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.50 |
| The Retreat Apartments | The Horizon 2 BR 1 BA | 2BR,1BA | $1.86 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.36 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.64 |
| North View Apartments | Classic plus | 1BR,1BA | $1.40 |
| CAMELOT VILLAGE | 1 Bedroom | 1BR,1.5BA | $1.89 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| The View at 777 | One Bedroom | 1BR,1BA | $2.27 |
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 $1,100 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 $1,465.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.