Apartments in South Central Salem

31 - 60 of 127 Results
16
$1,095
Salem, OR
2 BR | May. 21, 2024
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Disability Access
17
$1,000
365 16th St Salem, OR
1 BR | May. 19, 2024
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Storage
8
$1,125
101-129 Salem Heights Ave S Salem, OR
1 BR | Available Now
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1
$999
1425-1435 Trade St SE Salem, OR
1 BR | Available Now
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28
$1,195
Salem, OR
1 BR | Available Now
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Southeast Salem
15
$1,125
3361 Crawford St SE Salem, OR
1 BR | Available Now
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21
$1,150
Salem, OR
1 BR | Available Now
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28
$1,195
2235 2249 Lee St SE Salem, OR
1 BR | Available Now
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Southeast Salem
1
$2,050 - 2,100
Salem, OR
2 BR | Available Now
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South Salem
9
$1,400
420 20th St SE Salem, OR
2 BR | Available Now
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13
$1,500
1109 Schurman Rd S Salem, OR
2 BR | Available Now
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Dishwasher
3
$995 - 1,150
Salem, OR
1 BR | Available Now
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Disability Access
Dishwasher
Central Area
10
$1,895
Salem, OR
2 BR | Available Now
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Storage
23
$1,795
240 19Th St Salem, OR
2 BR | May. 10, 2024
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16
$1,250
Salem, OR
2 BR | Available Now
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Fitness Center
16
$1,350
440 State St Salem, OR
Studio | Available Now
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16
$2,350
Salem, OR
2 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
Storage
24
$995 - 1,595
Salem, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
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Dishwasher
Central Area
1
$1,075 - 1,500
Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
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Disability Access
Southeast Salem
17
$995
Salem, OR
1 BR | Available Now
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Cat Friendly
Storage
Disability Access
Central Area
2
$1,200
Salem, OR
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
Dishwasher
Central Area
1
$1,200
Salem, OR
2 BR | Available Now
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Dog Friendly
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Disability Access
Southeast Salem
1
$1,075 - 1,185
The Interurban Apartments 1215-1225 Chemeketa St NE Salem, OR
Studio - 1 BR | Available Now
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Central Area
8
$ Ask - 1,450
1225 Chemeketa St Ne Salem, OR
2 BR | Available Now
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Central Area
17
$1,225 - 1,245
1604-1640 Chemeketa St NE Salem, OR
2 BR | Available Now
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Disability Access
2
$1,450
2210 State St Salem, OR
2 BR | Available Now
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5
$1,262
Salem, OR
1 BR | Available Now
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Storage
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Central Area
7
$1,195
665 697 25th St SE Salem, OR
1 BR | Available Now
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Southeast Salem
17
$1,550
Salem, OR
2 BR | Available Now
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Dog Friendly
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Storage
Dishwasher
Central Area
14
$1,400
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Central Area
31 - 60 of 127 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.