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Apartments in South Salem

61 - 72 of 72 Results
11
$1,930
Ground Level, Single Story 2 Bedroom Condo In South Salem W/pool!!!!!!
777 Boone RD Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
8
$1,425
781 SE Boones Rd
Salem, OR
2 BR | Jun. 17, 2024
Contact
Disability Access
18
$1,095
1253 Royvonne Ave Apt 22 SE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
23
$1,595
032-suzanne Lea Duplexes
4920-4979 Suzanne Lea St SE Salem, OR
2 BR | Available Now
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Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
11
$1,250
Carol Apartments
330 14th St SE Salem, OR
Studio | Available Now
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Surface Parking
Storage
Disability Access
Dishwasher
16
$1,095
455 18th St SE
Salem, OR
2 BR | May. 21, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
17
$1,000
Quaint Neighborhood And Parking! - In Salem
365 16th St Salem, OR
1 BR | May. 19, 2024
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Dog Friendly
Cat Friendly
Storage
1
$999
0105-01
1425-1435 Trade St SE Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
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
23
$1,795
Updated 2 Bedroom Duplex in Salem Available April ***
240 19Th St Salem, OR
2 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
17
$995
1358 Chemeketa St NE
Salem, OR
1 BR | Available Now
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Cat Friendly
Storage
Disability Access
Central Area
17
$1,225 - 1,295
Cypress Gardens
1604-1640 Chemeketa St NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
61 - 72 of 72 Results
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Frequently Asked Questions

How many apartments are available in South Salem on Rentable.co?

Rentable.co has over 72 apartments available near South Salem.

What is the average rent for a studio apartment in South Salem?

The average rent for a studio apartment near South Salem is around $1,250 per month.

What is the average rent for a one-bedroom apartment in South Salem?

The average rent for a one-bedroom apartment near South Salem is around $1,095 per month.

What is the average rent for a two-bedroom apartment in South Salem?

The average rent for a two-bedroom apartment near South Salem is around $1,325 per month.

How many apartments are available in Salem, OR on Rentable.co?

Rentable.co has over 6,175 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 $1,080 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 $1,130 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 $1,420 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 $1,420 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 $43,000 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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