Apartments in Faye Wright Salem

31 - 59 of 59 Results
1
$2,095
Salem, OR
3 BR | Available Now
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Dishwasher
20
$2,195
Salem, OR
3 BR | Available Now
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Storage
22
$2,495
Salem, OR
4 BR | Available Now
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South Salem
3
$1,295 - 1,495
2195 Maplewood Dr S Salem, OR
2 BR | Available Now
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Surface Parking
Storage
Dishwasher
32
$1,995
Salem, OR
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
24
$2,395
5747 Karen Lynn Loop S Salem, OR
3 BR | Available Now
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House
Storage
Dishwasher
5
$1,425 - 1,965
5715 Red Leaf Dr S Salem, OR
1 - 3 BR | Available Now
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Air Conditioning
Storage
Disability Access
0
$1,195
Salem, OR
1 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
Storage
8
$1,175
396 - 410 & 460 Waldo Avenue SE Salem, OR
2 BR | Available Now
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Senior Community
Surface Parking
Balcony/Deck/Patio
1
$1,095 - 1,195
3102-3106 Bluff Ave SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
2
$1,095
Salem, OR
1 BR | Available Now
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Balcony/Deck/Patio
Storage
Dishwasher
9
$1,350
1260 Marilyn St SE Salem, OR
2 BR | May. 17, 2024
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Dog Friendly
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Storage
Disability Access
33
$1,795
Salem, OR
3 BR | Available Now
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House
Storage
Dishwasher
20
$1,675
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
$90 - 170
5585 Commercial St SE Salem, OR
Studio | Available Now
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Storage
South Gateway
10
$1,895
Salem, OR
2 BR | Available Now
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Storage
35
$1,875
Salem, OR
3 BR | Available Now
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Balcony/Deck/Patio
Storage
South Central
4
$1,200
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
2
$1,400 - 1,550
1543 Wiltsey Rd #230 SE Salem, OR
2 BR | Available Now
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Fitness Center
Storage
Dishwasher
1
$1,200
2599 12th St SE Salem, OR
2 BR | Available Now
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Dishwasher
South Central
17
$1,165 - 1,215
5952 Park Court Se Salem, OR
1 BR | Available Now
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Air Conditioning
Fitness Center
Dishwasher
5
$1,450 - 1,724
1807 Wiltsey Rd SE Salem, OR
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
21
$1,325 - 1,395
Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
22
$1,995
5811-5831 Reed Ln SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
29
$1,795
Salem, OR
2 BR | Available Now
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Storage
Dishwasher
South Gateway
18
$1,445 - 1,975
Salem, OR
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
14
$2,095
Salem, OR
2 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
13
$1,795
Salem, OR
2 BR | Available Now
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House
Storage
Dishwasher
South Central
34
$1,325 - 1,950
Salem, OR
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
31 - 59 of 59 Results
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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.