Cheap Apartments for Rent in Salem, WI from $400 (41 Rentals)

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

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.

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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.

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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.

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8216 199th Ave
Studio to 2 Bedroom Apartments

8216 199th Ave

8216 199th AveBristol, WI 53104
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Lakewood Tower
1 to 2 Bedroom Apartments

Lakewood Tower

320 N Milwaukee AveLake Villa, IL 60046
Senior Living
  • Utilities Included
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11236 258th Ct
1 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Silvercrest
1 to 2 Bedroom Apartments

Silvercrest

630-660 S Cogswell DrSilver Lake, WI 53170
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-41, Page 1 of 1

Salem, WI Local Guide

Cheapest Available Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salem, WI is a 3 Beds unit found at Meadows of Mill Creek PH. 2 priced from $698. Whitetail Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,154. Here is today’s list of the most affordable Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadows of Mill Creek PH. 23 Bedroom Townhome3BR,2BA$698
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1,154
Inspire Prairie SpringsA1Studio,1BA$1,350
Lakeview Terrace ApartmentsTwo Bedroom2BR,1BA$1,400
The Falls at Pike Creek ApartmentsKimball1BR,1BA$1,515
The Oaks of Canopy HillSpruce 1A1BR,1BA$1,545
The Reserve at Kenosha1 BR Grand Courtyard1BR,1BA$1,645
The Residences at Dunham GroveTwo Bedroom Two Bathroom - Upper2BR,2BA$1,709
Breeze Terrace1B1BR,1BA$1,750
Hidden OakSequoia3BR,2BA$1,754

Best Value Apartments for Rent in Salem, WI and Nearby

As of April 16, 2026 the best value apartment in the Salem area is the $0.44 price per square foot 3 Bedroom Townhome Model at Meadows of Mill Creek PH. 2 in the starting from $698. The second greatest value Salem apartment is the Accera Model at Deercrest of Antioch starting at $2,575 with a $1.73 price per square foot in the Grant's Grove neighborhood. Here is today’s list of the best values for Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadows of Mill Creek PH. 23 Bedroom Townhome3BR,2BA$0.44
Deercrest of AntiochAccera2BR,2.5BA$1.73
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
The Residences at Dunham GroveTwo Bedroom Two Bathroom - Upper2BR,2BA$1.49
Riverwood ApartmentsFloor Plan D2BR,2BA$1.73
Hidden OakHawthorne2BR,2BA$1.72
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Seasons at River View1F1BR,1BA$1.89
Breeze Terrace1B1BR,1BA$1.93
Whitetail Ridge1-Bedroom Senior 60%1BR,1BA$1.59

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.

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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.

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The 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.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salem, WI Rentals by Map

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See the most popular apartments and homes in Salem, WI

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Frequently Asked Questions about Cheap Salem Apartments

How much is rent for a Cheap One Bedroom Salem Apartment?

The lowest price for a Cheap One Bedroom Salem Apartment is $1,154 at Whitetail Ridge.

What is the lowest price for a Cheap Two Bedroom Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Salem is starting from $1,382 at Whitetail Ridge.

What is the most affordable Salem Three Bedroom Apartment?

The best deal on a cheap Salem Three Bedroom Apartment rental is at Meadows of Mill Creek PH. 2 and starts from $698.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.