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Apartments in Central Area Salem

31 - 60 of 135 Results
$1,795
556 Statesman St NE
Salem, OR
2 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,195
1055 Capitol St NE
Salem, OR
2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Storage
2
$1,145 - 1,195
1416-1456 D St NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
4
$1,025
Bayberry Apartments
1015 1069 Liberty St SE Salem, OR
1 BR | Available Now
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Surface Parking
Disability Access
16
$1,095
455 18th St SE
Salem, OR
2 BR | May. 21, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,095
Rbrook
Brookwood Terrace 1095-1159 Waller St SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
12
$1,050
Church/market St Apartments #14122
1183-1185 Church St NE 590 Market St NE Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
23
$1,795
Updated 2 Bedroom Duplex in Salem Available April ***
240 19Th St Salem, OR
2 BR | May. 10, 2024
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Dog Friendly
House
Storage
Dishwasher
3
$1,695 - 2,300
Town Square On Broadway Llc
1127 Broadway St NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$995 - 1,025
Fir923-945
923-945 Fir St S Salem, OR
1 - 2 BR | Available Now
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Storage
Disability Access
$1,075
Lanai
170 Owens St S Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
9
$1,400
20th Street #14122
420 20th St SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
18
$1,695
1055, 1065, 1075 Cross St. SE 1070 & 1080 Leffelle St. SE
Salem, OR
1 BR | Available Now
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Storage
South Central
6
$1,395 - 1,400
Wallace Park Apartments (03)
540 Wallace Rd NW Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
2
$1,450
Caja01
2210 State St Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
$1,700
1173 15th St SE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
6
$1,875
1360-1390 Liberty St NE
Salem, OR
3 BR | May. 9, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
10
$1,395
182-summer St
1435, 1445 & 1455 Summer St NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
5
$1,125
Ivanhoe Apartments
2305 State St Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
10
$1,195
380 Owens Street South & 1102 Fairmount Avenue S
Salem, OR
1 BR | Available Now
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Storage
Dishwasher
18
$1,095
1136 Fairmount Ave S
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$995
2131 Center St NE
Salem, OR
1 BR | Available Now
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Storage
14
$3,495
For Immediate Lease: Rarely Available In City Limits Property With Huge Shop - In Town! Almost 1/2 Acre!! Available Now!!! 3bd/2ba + Extras Galore!!! 2-car Garage + Giant Shop W/200 Amp Electrical Panel & More!!
5150 Caplinger Rd SE Salem, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
18
$1,295
Glen Creek Park Apts
351-359 Glen Creek Rd NW Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
$1,095
1515-1571 Commercial St SE
Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
28
$1,195
2237 Lee St SE
Salem, OR
1 BR | Available Now
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Southeast Salem
$1,050
PO Box 5517
Salem, OR
2 BR | Available Now
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$1,050 - 1,075
PO Box 5517
Salem, OR
1 BR | Available Now
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23
$1,395
691 Catterlin St NE
Salem, OR
2 BR | Available Now
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23
$1,395
683 983 Catterlin St NE
Salem, OR
2 BR | Available Now
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Storage
Disability Access
31 - 60 of 135 Results
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Frequently Asked Questions

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

Rentable.co has over 128 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 $995 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 6,094 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 $1,300 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 $1,620 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:
May Rent Report

Welcome to the May 2024 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Salem Rent Prices Decrease From April to May

Salem rent prices decreased over the last month. From April to May, the city experienced a -1.97% decrease for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,342.0.

When we take a look at the two-bedroom comparison from April to May, Salem experienced a -0.81% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,469.0.

May Prices: Salem vs. Surrounding Areas

Independence, OR
Woodburn, OR
Molalla, OR
Salem, OR
McMinnville, OR
Keizer, OR
Monmouth, OR
$1,619
$1,497
$1,371
$1,369
$1,311
$1,304
$803
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Salem and Surrounding Areas

Rent prices have decreased 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, Molalla, OR, Independence, OR .

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

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

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

May 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Salem, OR
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,369
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Salem, OR $1,369.0 0.22% $1,481.0 -0.87%
Woodburn, OR $1,497.0 -3.11% $1,728.0 -1.03%
Keizer, OR $1,304.0 2.84% $1,479.0 -0.61%
McMinnville, OR $1,311.0 -0.83% $1,546.0 1.98%
Molalla, OR $1,371.0 6.36% $1,705.0 -0.93%
Monmouth, OR $803.0 -9.67% $1,443.0 -0.55%
Independence, OR $1,619.0 0.56% $1,705.0 -4.27%

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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