Apartments in East Lancaster Salem

31 - 60 of 106 Results
12
$1,375
Salem, OR
2 BR | May. 10, 2024
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13
$1,249
Salem, OR
2 BR | Available Now
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$1,375
Salem, OR
2 BR | Available Now
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$1,375
Salem, OR
2 BR | Available Now
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1
$1,375
2800 Fisher Rd NE Salem, OR
2 BR | Available Now
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16
$1,375
Salem, OR
2 BR | May. 17, 2024
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10
$1,800
Salem, OR
2 BR | Available Now
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Northeast Salem
$1,375
Salem, OR
2 BR | Available Now
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12
$1,225
Salem, OR
2 BR | Available Now
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2
$1,375
Salem, OR
2 BR | Available Now
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12
$1,225
Salem, OR
2 BR | Available Now
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$2,200
Salem, OR
3 BR | Available Now
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23
$1,750
Salem, OR
2 BR | Available Now
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Surface Parking
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Disability Access
3
$1,450
4160 Hudson Ave Salem, OR
2 BR | Available Now
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3
$1,375
Salem, OR
2 BR | Available Now
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18
$1,495
Park Street Court 1785 Park Ave NE Salem, OR
2 BR | May. 10, 2024
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15
$1,125
Salem, OR
2 BR | Available Now
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$2,195
Salem, OR
4 BR | Available Now
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Balcony/Deck/Patio
Storage
Lansing
15
$1,395
113 Stafford Ln NE Salem, OR
2 BR | Available Now
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Disability Access
17
$1,625
Salem, OR
2 BR | Available Now
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Balcony/Deck/Patio
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Disability Access
2
$1,795
Salem, OR
3 BR | May. 20, 2024
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Air Conditioning
Balcony/Deck/Patio
Storage
5
3D Tour
$1,250 - 1,275
The Park Avenue 1729-1777 Park Ave NE Salem, OR
2 BR | Available Now
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12
$995
Salem, OR
1 BR | Available Now
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Dishwasher
3
$1,350
Orchard View 138 Bayview Way NE Salem, OR
2 BR | Available Now
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Balcony/Deck/Patio
Storage
13
$1,350
Salem, OR
2 BR | Available Now
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24
$1,195
4314-4388 State St Salem, OR
2 BR | Available Now
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Dishwasher
7
$1,375
Salem, OR
2 BR | Available Now
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12
$1,200
Salem, OR
1 BR | May. 17, 2024
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25
$1,495
4712 4722 4732 Silverton Rd NE Salem, OR
2 BR | Jun. 20, 2024
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25
$1,495
4712 4722 4732 Silverton Rd NE Salem, OR
2 BR | Jun. 20, 2024
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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.