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Apartments Under $500 in Salem, OR

1 - 3 of 3 Results
1
$ Ask - 1,650
Rolling Hills Townhouses
190 Boone Rd SE Salem, OR
3 BR | Apr. 9, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
8
$ Ask - 1,450
Chemeketa Apartments
1225 Chemeketa St Ne Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Central Area
$ Ask - 1,195
Lancaster Commons
2489 Coral Ave Ne Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1 - 3 of 3 Results

All Apartments in Salem, OR

30 Results
36
$1,560 - 2,026
Acero West Salem
Deal
4.8
1948 Linwood St Nw Salem, OR
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
21
$1,325 - 1,495
Brook Hollow Apartments
3.6
4154 Sunnyview RD NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
24
$1,399 - 2,199
The Reserve at Hawks Ridge Apartments
4.0
1569 Whitaker Dr SE Salem, OR
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
17
$1,460 - 1,725
White Oak Luxury Apartments
2.6
1807 Wiltsey Rd SE Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
24
$1,495
4 Corners Apartments
178-210 SE Lancaster Dr Salem, OR
2 BR | Apr. 10, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
22
$1,495
Cherry Glen Apartments
3568 Cherry Glen Pl NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
45
$1,395
Newcastle Place Apartments
4470 Conser Way NE Salem, OR
2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Storage
Disability Access
Dishwasher
1
$1,195 - 1,250
3300 Hollywood Dr NE
Salem, OR
1 - 2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
15
$1,450 - 2,350
Anthony's Corner Lofts
5775 Commercial St SE Salem, OR
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
South Gateway
1
$1,095
Park Ave Ne #2022-1230
1723-1727 Park Ave Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$1,495
3577 Cherry Glen Pl #103 NE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
26
$1,495
Birch Place Apartments
4712 4722 4732 Silverton Rd NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,495
3577 Cherry Glen Pl #204 NE
Salem, OR
2 BR | May. 8, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
22
$1,345
4315 25th Ave NE
Salem, OR
2 BR | Apr. 20, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$2,450
Brand New & $750 Off! Be The First To Live In This Luxury West Salem Home With Quartz Counters & Ac!
1166 7th St NW Salem, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
7
$1,495
Upland Terrace
410-476 Vista Ave SE Salem, OR
2 BR | Available Now
Contact
1
$1,295 - 1,475
3071 D St NE
Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
14
$1,395
Immaculate 2 Bedroom With Air Conditioning And Washer/dryer Included!!
4375 Falcon View Way NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$1,290
2800 Fisher Rd NE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
$1,395 - 1,425
Willamette View Apartments
2332 Crestview Dr S Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
0
$1,995
Beautiful 2 Bedroom Townhome In South Salem Hills!
5823 Reed Ln SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
0
$1,615
Encore Apartments – Modern Living In South Salem!
5851 Reed Ln SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,495
Move In Special - Newly Renovated Downtown Salem Studio
455 Court St #206 Salem, OR
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Central Area
1
$2,195
4393 Dover Ave NE
Salem, OR
3 BR | Available Now
Contact
Dishwasher
1
$1,195
Skyline 6 Plex #2024-joc40
4798 Skyline Rd #1-6 Salem, OR
2 BR | Available Now
Contact
Dishwasher
Fireplace
Sunnyslope
0
$1,495
Move In Special - Newly Renovated Downtown Salem Studio
455 Court St #207 Salem, OR
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Central Area
1
$1,995
990, 992 & 994 Charter
Salem, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Northeast Salem
0
$1,150
Oakview Ter
Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,150
#410 Oak Manor
2288-2376 Northgate Ave NE Salem, OR
1 BR | Available Now
Contact
0
$1,395
4470 Conser Way #203 NE
Salem, OR
2 BR | Available Now
Contact
Dishwasher
  1. Home
  2. Salem
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Salem, OR on Rentable.co?

There are 3 apartments under $500 in Salem currently available for rent on Rentable.co.

How many one-bedroom apartments under $500 are available in Salem?

Rentable.co has 5 one-bedroom apartments under $500 available for rent in Salem.

How many two-bedroom apartments under $500 are available in Salem?

Rentable.co has 33 two-bedroom apartments under $500 available for rent in Salem.

Which neighborhoods have the most apartments under $500 for rent in Salem, OR?

  1. Lansing

Apartments Under $500 in Salem, OR: April Rental Information

Welcome to the April 2026 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2026 key findings and figures for the Salem rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Salem and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Salem.

Please note that these figures are subject to change and may vary depending on the specific location and apartment complex. To get the most accurate and up-to-date information, we recommend using our search filters and contacting the rental properties directly.
0 7 15 22 30 <$1,000 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380 $1,420 $1,460 $1,500 $1,540 $1,580

Available Apartments Under $500: Salem vs. Surrounding Areas

In the chart above, you can find the number of available apartments under $500 in Salem, OR and the surrounding cities for the month of April 2026. The chart includes data for the cities in close proximity to Salem, such as Molalla, Monmouth, Mount Angel, Scotts Mills, Silverton, Stayton, Sublimity, Turner, Woodburn, Aumsville, Carlton, Dallas, Dundee, Falls City, Hubbard, Independence, Keizer, Lafayette, Lyons, McMinnville, Amity, Sheridan, Willamina, Donald, and Rickreall. Currently, the total inventory of available apartments under $500 in the Salem, OR metro area is 2. This information can help you in your search for affordable rental options in the area. Please note that availability may vary and it is advisable to check with the property listings on Rentable for the most up-to-date information.

Apartments Under $500 Now vs. Last Month: Salem and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Salem, OR 2 +1.13%
Monmouth, OR 1 +1.0%
Molalla, OR 0 +1.67%

Looking for Apartments Under $500 in Salem?

Available apartments under $500 38
Top amenities Air Conditioning, Storage, Refrigerator, Range / Oven, Clubhouse
Pet friendly 5
2 Bedroom 5
Square footage 844 - 910
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