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Apartments in Central Area Salem

1 - 30 of 127 Results
3
$995 - 1,150
Millbridge Terrace Apartments 728 Church St #1-39 NE
Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
Central Area
2
$1,200
241 High St NE
Salem, OR
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
Dishwasher
Central Area
16
$1,350
440 @ State Street
440 State St Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
16
$2,350
102 Liberty St NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
14
$1,550
1296 38th Ave
Salem, OR
3 BR | Ask for Availability
Contact
Central Area
24
$1,025
155 Liberty St NE
Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Central Area
5
$1,262
241 255 249 Liberty St NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
4
$995 - 1,100
The Lee Apartments
585 Winter St NE Salem, OR
Studio - 1 BR | Available Now
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Cat Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
1
$1,075 - 1,185
The Interurban Apartments
The Interurban Apartments 1215-1225 Chemeketa St NE Salem, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Central Area
8
$ Ask - 1,450
Chemeketa Apartments
1225 Chemeketa St Ne Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Central Area
13
$1,150
638 Church St NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
17
$995
1358 Chemeketa St NE
Salem, OR
1 BR | Available Now
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Cat Friendly
Storage
Disability Access
Central Area
23
$1,400
350 13 Th St Unit The
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Fireplace
12
$1,400
350 13 Th St Unit 312 NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Central Area
16
$1,550
350 13 Th St Unit Ada-2-bed NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
14
$1,500
350 13 Th St Unit 318 NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
14
$1,500
350 13 Th St Unit 00 NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
15
$1,500
350 13 Th St Unit 2-bed NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Central Area
15
$1,195
701 Church St NE
Salem, OR
2 BR | Available Now
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Storage
Disability Access
Dishwasher
Central Area
1
$999 - 1,099
1425-1435 Trade St SE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
11
$1,250
330 14th St SE
Salem, OR
Studio | Available Now
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Surface Parking
Storage
Disability Access
Dishwasher
3
$850 - 1,300
610 Commercial St & 4851-4880 Portland Rd NE
Salem, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
17
$1,225
1604-1640 Chemeketa St NE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
17
$1,000
Quaint Neighborhood And Parking! - In Salem
365 16th St Salem, OR
1 BR | May. 19, 2024
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Dog Friendly
Cat Friendly
Storage
3
$1,050 - 1,150
Liberty Street Apartments Llc 807-889 Liberty St SE
Salem, OR
1 - 2 BR | Available Now
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Storage
Disability Access
7
$1,000
875 Liberty St NE
Salem, OR
1 BR | Available Now
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Storage
7
$1,000
875 Liberty St
Salem, OR
1 BR | Available Now
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14
$1,495
990 Broadway St NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
6
$1,195
796 14th St NE
Salem, OR
1 BR | May. 8, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
$1,795
556 Statesman St NE
Salem, OR
2 BR | Apr. 22, 2024
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House
Balcony/Deck/Patio
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Dishwasher
1 - 30 of 127 Results
  1. Home
  2. Salem
  3. Central Area
Frequently Asked Questions

How many apartments are available in Central Area on Rentable.co?

Rentable.co has over 126 apartments available near Central Area.

What is the average rent for a studio apartment in Central Area?

The average rent for a studio apartment near Central Area is around $1,010 per month.

What is the average rent for a one-bedroom apartment in Central Area?

The average rent for a one-bedroom apartment near Central Area is around $1,095 per month.

What is the average rent for a two-bedroom apartment in Central Area?

The average rent for a two-bedroom apartment near Central Area is around $1,395 per month.

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

Rentable.co has over 6,720 apartments available in Salem.

What is the average rent for a studio apartment in Salem, OR?

The average rent for a studio apartment in Salem is around $1,000 per month.

What is the average rent for a one-bedroom apartment in Salem, OR?

The average rent for a one-bedroom apartment in Salem is around $1,330 per month.

What is the average rent for a two-bedroom apartment in Salem, OR?

The average rent for a two-bedroom apartment in Salem is around $1,500 per month.

How expensive is it to rent an apartment in Salem, OR?

For a two-bedroom apartment in Salem, the average rent price is $1,500 per month, which is lower than the national average of $1,630 per month.

Can I afford an apartment for rent in Salem, OR?

Based on average rent prices in Salem, to afford a studio apartment you would need an annual household income of $40,000 to live comfortably.

Salem:
April Rent Report

Welcome to the April 2024 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Salem rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Salem and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Salem average rent prices in the chart below.

Monthly Rent Report

$1,600
$1,200
$800
$400
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Salem Rent Prices Increase From March to April

Salem rent prices increased over the last month. From March to April, the city experienced a 0.22% increase for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,369.0.

When we take a look at the two-bedroom comparison from March to April, Salem experienced a -0.87% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,481.0.

April Prices: Salem vs. Surrounding Areas

Independence, OR
Woodburn, OR
Salem, OR
McMinnville, OR
Molalla, OR
Keizer, OR
Monmouth, OR
$1,610
$1,545
$1,366
$1,322
$1,289
$1,268
$889
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Salem and Surrounding Areas

Rent prices have increased in Salem over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Salem suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Keizer, OR, Monmouth, OR, Independence, OR .

  • Rent decreased in Woodburn, OR, McMinnville, OR, Molalla, OR.

  • 2 suburbs are currently priced higher than the city of Salem.

  • 4 suburbs are currently priced lower than the city of Salem.

April 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Salem, OR
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,366
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Salem average rent prices appear to be relatively affordable for local residents.

The price for a Salem one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Salem and surrounding area rent prices, take a look at the complete data set below.

Data set for Salem and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Salem, OR $1,366.0 5.00% $1,494.0 0.00%
Woodburn, OR $1,545.0 -2.34% $1,746.0 -0.17%
Keizer, OR $1,268.0 3.34% $1,488.0 -0.20%
McMinnville, OR $1,322.0 -0.45% $1,516.0 1.27%
Molalla, OR $1,289.0 -0.16% $1,721.0 0.00%
Monmouth, OR $889.0 3.49% $1,451.0 0.62%
Independence, OR $1,610.0 1.32% $1,781.0 -2.57%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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