Newest Homes for Rent in Salem, VA

/35
Starting at $1,486

Total Monthly Price
- Studio - 3 Beds
928 Ohio Ave, Salem, VA 24153

TUCKED IN THE HEART OF SALEM; Valleydale emerges as a beacon of high-end living, providing an unparalleled multifamily experience in a market thirsting for innovation. In transforming the former Valleydale Meat Packers site, this inspired apartment community offers a unique approach to intentional living. With its proximity to bustling downtown, charming local shops, and essential medical and

Valleydale Apartments

928 Ohio Ave, Salem, VA 24153
Explore Salem
/50
Starting at $1,375

Total Monthly Price
- 2 Beds
100 Kimball Ave, SALEM, VA 24153

Salem Wood Apartments offers the best of both worlds. Conveniently located, yet comfortably secluded on a picturesque hillside. Each apartment has been beautifully and tastefully renovated with meticulous attention to detail, blending quality of craftsmanship with comfort and flair. Wall-to-wall carpet, new appliances and European style cabinets are just a few of the decorator touches we have

Salem Wood Apartments

100 Kimball Ave, SALEM, VA 24153
/35
Starting at $1,155

Total Monthly Price
- 1 - 3 Beds
777 Roanoke Blvd, Salem, VA 24153

We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort and security that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored

The View at 777

777 Roanoke Blvd, Salem, VA 24153
/27
Starting at $1,049 Plus Fees
- 1 - 2 Beds
510 Yorkshire St, Salem, VA 24153

Northview Apartments are affordable and spacious apartments tucked away in a quiet beautiful setting by the Roanoke Valley - Salem Greenway. We have made many upgrades and changes to the apartments and the apartment complex itself. We are one block off of Apperson Drive in the heart of Salem, Virginia. We are located just 6 tenths of a mile from the corner of Apperson Drive and Electric Road

North View Apartments

510 Yorkshire St, Salem, VA 24153
/35
Starting at $1,340

Total Monthly Price
- 1 - 3 Beds
128 Rutledge Dr, Salem, VA 24153

Adjacent to Longwood Park, our community includes a children's playground and picnic area that make a perfect space for family fun on beautiful afternoons.You will feel right at home in our spacious 1, 2, & 3 bedroom apartment homes. We offer recently renovated amenities in our apartments!

The Crest Apartments

128 Rutledge Dr, Salem, VA 24153
/23
Starting at $1,155

Total Monthly Price
- 1 - 3 Beds
900 Camelot Dr, Salem, VA 24153

Camelot Village Apartments and Townhomes is the best place to live in Salem, Virginia. Offering spacious 2 bedroom apartments and a variety of townhomes options with spacious floorplans and many amenities, there’s no better place to call home. As a resident of Camelot Village, you’ll also be able to enjoy a glistening pool with a sundeck, pet park, and many more features that you’ll be sure to

CAMELOT VILLAGE

900 Camelot Dr, Salem, VA 24153
/10
$1,550

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,002 Sq Ft
- House for Rent
309 Lakehurst Ave, Salem, VA 24153

Welcome to your beautifully updated home in the heart of Salem! This charming 2-bedroom, 1-bath residence offers modern finishes, thoughtful upgrades, and all the conveniences you're looking for in a place to call home.Step inside to a bright and inviting living space featuring an updated kitchen equipped with a dishwasher and built-in microwave, making meal prep and cleanup a breeze.

309 Lakehurst Ave, Salem, VA 24153
/50
Starting at $1,295

Total Monthly Price
- 2 - 3 Beds
1650 Lancing Dr, Salem, VA 24153

Great location, spacious living, and incredible service! Conveniently located off RT. 419 in the beautiful town of Salem! Award-winning schools, great shopping, and one of a kind dining right in the neighborhood. All apartment homes feature a patio or balcony for our residents to relax and take in the view of mature, lush landscape. Riverwalk boasts every amenity including a sparkling pool and a

The Riverwalk at Salem

1650 Lancing Dr, Salem, VA 24153
/13
$1,249

Total Monthly Price
- 2 Beds
- 1 Bath
- 952 Sq Ft
- House for Rent
916 Pyrtle Dr, Salem, VA 24153

Ground level 2BR unit in Salem. No steps. Renovated with new floors through out and bathroom in Dec 2024. A full size washer and dryer in unit. All electric unit with central air. Water and lawn maintenance included. The resident is responsible for electric. Off-street parking. No pet of any kinds. Responsive owner and professional management.[SELF-VIEWING APPOINTMENT]All of our

916 Pyrtle Dr, Salem, VA 24153
/5
$2,050 Per Month
- 4 Beds
- 1 Bath
- 2,300 Sq Ft
- House for Rent
112 N Bruffey St, Salem, VA 24153

Classic updated farmhouse located in heart of Salem on 5 city lots (over an acre)! You can't beat this location near everything but still with plenty of space. 4 bed, 1 bath, living room, dining room, kitchen with new appliances (incl. dishwasher), office/laundry (with washer/dryer). Hardwood floors throughout, central heat and A/C. Gorgeous view of 12 O'Clock Knob off covered front porch -

Lesley Owen COLDWELL BANKER TOWNSIDE, REALTORS(r)

112 N Bruffey St, Salem, VA 24153
/11
$1,249 Per Month
- 2 Beds
- 1 Bath
- 952 Sq Ft
- Apartment for Rent
916 Pyrtle Dr Unit C, Salem, VA 24153

Ground level 2BR unit in Salem. No steps. Renovated with new floors through out and bathroom in Dec 2024. A full size washer and dryer in unit. All electric unit with central air. Water and lawn maintenance included. The resident is responsible for electric. Off-street parking. No pet of any kinds.

Jason Roggensee THE GRANDIN AGENCY

916 Pyrtle Dr Unit C, Salem, VA 24153
/26
$2,795 Per Month
- 4 Beds
- 4 Baths
- 2,100 Sq Ft
- Townhouse for Rent
140 W Calhoun St, Salem, VA 24153

For Lease! 4BR/4BA end-unit townhome offering approximately 2100 finished sq. ft. with lots of natural light and a private ensuite bath for every bedroom. The spacious main level features an open-concept living area, well-equipped eat-in kitchen with center island, stainless LG appliance package, laundry room, bonus/flex space, and a desirable main-level bedroom suite. Upstairs, are 3 generously

Tim Thompson

MKB, REALTORS(r)

140 W Calhoun St, Salem, VA 24153
/2
$985 Per Month
- 1 Bed
- 1 Bath
- 456 Sq Ft
- Apartment for Rent
502 Poage Ln Unit 28, Salem, VA 24153

COMING SOON!!! Beautifully updated 1-bedroom, 1-bath apartment featuring new countertops, freshly painted cabinetry, and a stylish combination of luxury vinyl plank flooring and plush carpeting. This inviting home offers a bright, modern feel with thoughtful finishes throughout, providing both comfort and convenience in a well-maintained living space.

Matthew Jones IVY REALTY LLC

502 Poage Ln Unit 28, Salem, VA 24153
/15
$1,250

Total Monthly Price
- 2 Beds
- 1.5 Baths
- 2 Bedroom 1.5 Bath Townhome In Salem City
615 S Colorado St, Salem, VA 24153

Please visit our direct website to schedule a showing or submit an application This townhome located in Salem is a 2 bedroom with 1 1/2 bath. It has open floor plan with the kitchen leading into the great room. Townhome has new flooring and paint throughout the whole unit. The first floor has 1/2 bathroom. The bedrooms are located on the second floor with the full bathroom. The townhome

615 S Colorado St, Salem, VA 24153
/19
$1,999 Per Month
- 3 Beds
- 2.5 Baths
- 1,408 Sq Ft
- House for Rent
328 Woodside Dr, Salem, VA 24153

Gorgeous home for lease! This Plymouth style home is currently under construction and will be move-in ready soon! Brand New Construction Home That Features:- 3 bedroom, 2.5 bathrooms- Luxury Plank flooring throughout the main level- Driveway Parking- Washer & Dryer Hook-ups Pricing and availability subject to change**Photos may be representative & not actual **Lease terms starting at 12 months.

Robert Fralin R FRALIN & ASSOCIATES INC

328 Woodside Dr, Salem, VA 24153
/19
$2,150

Total Monthly Price
- 5 Beds
- 2 Baths
- 1,400 Sq Ft
- House for Rent
333 Red Ln Extension, Salem, VA 24153

333 Red Lane Ext, Salem, VASpacious 5 bedroom, 2 bathroom home coming soon in Salem! This property offers plenty of space for comfortable living in a convenient location.Please note: No showings at this time. If interested, please do a drive-by of the property. Applications are being collected now.Rent: $2,200/monthSecurity Deposit: $2,200Pets Welcome• $300

333 Red Ln Extension, Salem, VA 24153
/25
$1,100

Total Monthly Price
- 2 Beds
- 1 Bath
- 896 Sq Ft
- House for Rent
1516 King St, Salem, VA 24153

COMING SOON – 1516 King St, Salem, VACharming 2 bedroom home coming soon in Salem! Enjoy convenient 1-level living in a great location. Available mid-June.Please note: No showings at this time. If interested, please do a drive-by of the property. Applications are being collected now.Rent: $1,100/monthSecurity Deposit: $1,100Pets Welcome• $300 non-refundable

1516 King St, Salem, VA 24153
/17
$1,995

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,000 Sq Ft
- House for Rent
130 Heatherwood Ln, Salem, VA 24153

NEWLY RENOVATED!Spacious and modern 3-bedroom, 2-bath home featuring a private driveway, covered carport, and both front and back yards with plenty of outdoor space to enjoy. Inside, you’ll find stylish vinyl flooring, ceiling fans throughout, washer and dryer hookups, and a beautifully finished basement perfect for additional living, entertainment, or storage space.The updated

130 Heatherwood Ln, Salem, VA 24153
/4
Starting at $1,175 Plus Fees
- 2 Beds
231 Chestnut St, Salem, VA 24153

The Historic Blair Apartments

231 Chestnut St, Salem, VA 24153
/28
$2,000

Total Monthly Price
- 3 Beds
- 1 Bath
- 784 Sq Ft
- House for Rent
4066 Crossmill Ln, Salem, VA 24153

Relax in this calm, stylish space. It's newly renovated and very convenient to I-81. Only 5 minutes from downtown Salem and 20 minutes from Christiansburg. Very peaceful and secluded with a gorgeous mountain view. Large backyard + deck area with a grill and patio furniture. Beautiful front porch + rocking chairs to enjoy your morning coffee. Perfect for traveling nurses or a family that needs a

4066 Crossmill Ln, Salem, VA 24153
/14
$1,300

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,044 Sq Ft
- Townhouse for Rent
432 Roanoke Blvd Unit 432 B, Salem, VA 24153

Come home to your large 2 bedroom, 1 bathroom Downtown Salem retreat in the heart of it all!Amenities include:- Large eat-in kitchen- Plenty of interior storage space- Separate in-unit laundry area with washer-dryer hookups- Large deck- Beautiful backyard grounds and nice shade trees on the property- Central air and heating- Water, sewer, and garbage included

432 Roanoke Blvd Unit 432 B, Salem, VA 24153
/41
$2,000

Total Monthly Price
- 4 Beds
- 2 Baths
- 1,728 Sq Ft
- House for Rent
707 Crystal Dr, Salem, VA 24153

**Beautifully Renovated Home on a Quiet Street** Nestled at the end of a tranquil street in (town name), this freshly updated home offers modern comfort and charm on an expansive double lot. The property features: - Brand-new appliances (oven provided but not pictured) - Gleaming new hardwood floors - All-new windows, HVAC, electrical, and plumbing systems - Stylish

707 Crystal Dr, Salem, VA 24153

Virginia Salem City County Salem

Frequently Asked Questions

How much does it cost to rent a home in Salem, VA?

The median rent for a home in Salem, VA is $1,398 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Salem, VA?

To comfortably afford the median rent in Salem, VA, a household needs to earn roughly $55,920 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,398 per month in Salem, VA, renters typically need to show $4,194 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Salem, VA?

In Salem, VA, the price-to-rent ratio is 17.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Salem, VA are best for renting a home?

The best neighborhood for renting in Salem, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Greater Deyerle, Raleigh Court, Cave Spring, Mountain View and Franklin-Colonial, each with its own character and price range.

Rental Trends in Salem, VA

There are currently 22 homes available for rent in Salem, VA. The median rent is $1,398 per month, with single-family homes renting at $1,400 and townhouses at $1,300.

Rental Home Trends

Number of Homes for Rent 22	Median Rent $1,398
Median Single Family Home Rent $1,400	Median Townhouse Rent $1,300

How to Rent a Home

Rentals in Salem

Homes for Rent by Bedrooms in Salem

Rentals by Price in Salem

More About Living in Salem

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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