Apartments in South Central Salem

1 - 30 of 121 Results
8
$1,095
802-824 Rural Ave SE Salem, OR
1 BR | Available Now
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South Central
13
$1,795
Salem, OR
2 BR | Available Now
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House
Storage
Dishwasher
South Central
18
$1,695
Salem, OR
1 BR | Available Now
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Storage
South Central
35
$1,875
Salem, OR
3 BR | Available Now
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House
Balcony/Deck/Patio
Storage
South Central
$1,095
Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
1
$1,200
2599 12th St SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
South Central
1
$1,095
Brookwood Terrace 1095-1159 Waller St SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
20
$1,200
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
33
$1,795
Salem, OR
3 BR | Available Now
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House
Storage
Dishwasher
8
$1,175
396 - 410 & 460 Waldo Avenue SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Surface Parking
Balcony/Deck/Patio
2
$1,095
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
$1,700
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
4
$1,025
1015 1069 Liberty St SE Salem, OR
1 BR | May. 1, 2024
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Surface Parking
Disability Access
$1,075
170 Owens St S Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
18
$1,095
Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
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
10
$1,195
Salem, OR
1 BR | Available Now
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Storage
Dishwasher
1
Call for Pricing
Salem, OR
Studio | Ask for Availability
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1
3D Tour
$1,415
410-476 Vista Ave SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$995
923-945 Fir St S Salem, OR
1 BR | Available Now
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Storage
Disability Access
20
$2,400
1910 River Rd S Salem, OR
3 BR | Available Now
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House
Storage
Fireplace
20
$2,400
Salem, OR
3 BR | Available Now
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House
1
$1,095 - 1,195
3102-3106 Bluff Ave SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
9
$1,350
1260 Marilyn St SE Salem, OR
2 BR | May. 17, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
27
$1,250 - 1,650
401 Ratcliff Dr SE Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
22
$2,495
Salem, OR
4 BR | Available Now
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House
South Salem
6
$1,650
Salem, OR
3 BR | Ask for Availability
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2
$850 - 1,300
Salem, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
$1,300
Salem, OR
2 BR | Available Now
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11
$1,250
330 14th St SE Salem, OR
Studio | Available Now
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Surface Parking
Storage
Disability Access
Dishwasher
1 - 30 of 121 Results
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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.