1306 Patterson Ave SW
RoanokeVA24016
Cheap Homes for Rent in Salem, VA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.
821 Salem Ave SW
RoanokeVA24016
922 12th St SE
RoanokeVA24013
2803 Burton Ave NW
RoanokeVA24012
2516 Oakland Blvd NW
RoanokeVA24012
1612 Campbell Ave SE
RoanokeVA24013
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.
10-12 1/2 12 1/2 St
RoanokeVA24016
2504 Longview Ave SW
RoanokeVA24014
113 Norfolk Ave SW
RoanokeVA24011
1813 Oxford Ave SW
RoanokeVA24015
2916 Courtland Rd NW
RoanokeVA24012
521 36th St
RoanokeVA24017
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.
356 Walnut Ave SW
RoanokeVA24016
Showing Results 1-13, Page 1 of 1
Salem, VA Local Guide
Roanoke College by roanokecollege is licensed under CC BY 2.0
How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $1,434 | $899 | $1,995 |
| Salem 3 Bedroom Homes for Rent | $1,743 | $1,023 | $3,000 |
| Salem 4 Bedroom Homes for Rent | $2,590 | $1,795 | $3,195 |
| Salem 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Salem
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Salem, VA Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
The cheapest available apartment rental in Salem, VA is a 1 Bed unit found at The Everett in the Deyerle neighborhood priced from $850. Cedarwood Apartments in the Deyerle neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Everett | 1 Bed, 1 Bath A Income-Restricted | 1BR,1BA | $850 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $875 |
| North View Apartments | Classic plus | 1BR,1BA | $999 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1,095 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Salem, VA and Nearby
As of April 29, 2026 the best value apartment in the Salem area is the $1.16 price per square foot Bulk market rent Model at Oak Grove Village Apartments in the in the Deyerle neighborhood starting from $1,245. The second greatest value Salem apartment is the 2BR/1.0BA Model at Gardens At Grandin - II starting at $1,125 with a $1.07 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.44 |
| CAMELOT VILLAGE | 2 Bedroom TH | 2BR,1.5BA | $1.72 |
| Langdon Square | 2x2 | 2BR,2BA | $1.55 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.78 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.71 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleCash 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.
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.
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Best Local Schools in Salem, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, VA Rentals by Map
See the most popular apartments and homes in Salem, VA
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 84 Apartments for Rent in Salem, VA with pricing that ranges from $696 to $3,569. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $849 to $3,400.
What is the current price range for Rental Homes in Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Salem ranges from $849 to $3,400 with an average monthly rent of $1,846.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.