
Cheap Homes for Rent in Salem, WI from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Salem.


19900 128th St

3936 81st St

32 Montego Colony
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.

905 Main St

28600 W Grass Lake Rd

1187 N Red Oak Cir

300 Cunat Blvd
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.

485 Meadow Green Ln
Salem, WI Local Guide

How much does it cost to rent a home in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem 2 Bedroom Homes for Rent | $1,832 | $1,400 | $3,000 |
| Salem 3 Bedroom Homes for Rent | $3,400 | $2,000 | $9,900 |
| Salem 4 Bedroom Homes for Rent | $3,058 | $2,350 | $4,074 |
| Salem 5 Bedroom Homes for Rent | $2,509 | $2,509 | $2,509 |
Browse Top Homes for Rent in Salem
Explore Salem
Salem, WI Local Guide
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Cheapest Available Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in Salem, WI is a 1 Bed unit found at Whitetail Ridge priced from $1,154. Anita Terrace Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1,154 |
| Anita Terrace Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1,300 |
| Lakeview Terrace Apartments | One Bedroom | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Salem, WI and Nearby
As of February 26, 2026 the best value apartment in the Salem area is the $1.39 price per square foot 3 Bedroom Townhome Model at Meadows of Mill Creek PH. 2 in the starting from $2,195. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadows of Mill Creek PH. 2 | 3 Bedroom Townhome | 3BR,2BA | $1.39 |
| Deercrest of Antioch | Accera | 2BR,2.5BA | $1.73 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| The Residences at Dunham Grove | Two Bedroom Two Bathroom - Upper Split | 2BR,2BA | $1.60 |
| West Ridge Luxury Apartments | Premium Lower | 2BR,2BA | $1.71 |
| The Oaks of Canopy Hill | Birch 2A | 2BR,2BA | $1.73 |
| Prairie Ridge Senior | 2 Bedroom | 2BR,1BA | $1.53 |
| Anita Terrace Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1.68 |
| Lakeview Terrace Apartments | One Bedroom | 1BR,1BA | $1.67 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1.59 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Salem, WI Rentals by Map
See the most popular apartments and homes in Salem, WI
Frequently Asked Questions about Salem
What type of rentals are currently available in Salem?
There are currently 48 Apartments for Rent in Salem, WI with pricing that ranges from $464 to $6,545. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salem ranging from $1,050 to $9,900.
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 $1,050 to $9,900 with an average monthly rent of $2,369.
How much are larger Three and Four Bedroom Rentals in Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Salem range from $1,152 to $6,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $9,900. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $3,149.
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

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.

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.

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.