Cheap Apartments for Rent in Salem, VA

32 rentals

Apartments For Rent Near Salem, VA

We found 30 more apartments matching your filters just outside Salem

Average Rent Trends in Salem, VA

Rent in Salem, VA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,500
Jul 2025$1,450
Aug 2025$1,402
Sep 2025$1,400
Oct 2025$1,495
Nov 2025$1,450
Dec 2025$1,500
Jan 2026$1,500
Feb 2026$1,647
Mar 2026$1,450
Apr 2026$1,700
May 2026$1,595
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,208$1,300$1,950$1,950$1,500
Townhomes—$1,095——$1,095
Apartments and Condos$820$1,300——$1,300
Houses—$1,700$2,000$1,950$2,000
See more information about local market trends in Salem, VA

Frequently Asked Questions about Rentals in Salem, VA

  • What is the average rent of an apartment in Salem, VA?
    The average rent of an apartment in Salem, VA is $1,278 per month. This is about 34% lower than the national average.
  • What is the average rent of a house in Salem, VA?
    The average rent of a house in Salem, VA is $2,000 per month. This is about 4% higher than the national average.
  • What is the average rent of a townhome in Salem, VA?
    The average rent of a townhome in Salem, VA is $1,095 per month. This is about 43% lower than the national average.
  • When is the average rent cheapest in Salem, VA?
    In the last year, the average rent in Salem, VA was lowest in Sep 2025 when it was $1,400 per month.
  • When is the average rent most expensive in Salem, VA?
    In the last year, the average rent in Salem, VA was highest in Jan 2025 when it was $1,765 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Salem, VA?
    The average rent of a 1 bedroom apartment in Salem, VA is $1,208 per month. That is about $8 more than the cost of a studio apartment.
  • How many available rental listings are in Salem, VA?
    There are 33 available rental listings in Salem, VA.
  • What are some zip codes in Salem, VA?
    Salem, VA includes zip codes such as: 24153, 24157.
  • What are some cities near Salem, VA?
    Some nearby cities include: Roanoke, Catawba, Elliston, Bent Mountain, Troutville. These cities may have more rental options to explore.