Apartments Near Willamette University

61 - 90 of 398 Results
14
$3,495
5150 Caplinger Rd SE Salem, OR
3 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
10
$1,395
1435, 1445 & 1455 Summer St NE Salem, OR
2 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$1,250
2005-2045 Summer St S Salem, OR
1 BR | Available Now
1.1 miles from center of campus
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Covered Parking
Dishwasher
South Central
18
$1,295
351-359 Glen Creek Rd NW Salem, OR
2 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$1,095
802-824 Rural Ave SE Salem, OR
1 BR | Jun. 12, 2024
1.1 miles from center of campus
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South Central
5
$935
1435 4Th St Salem, OR
1 BR | Available Now
1.1 miles from center of campus
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Storage
$1,050
Salem, OR
2 BR | Available Now
1.1 miles from center of campus
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$1,100
Salem, OR
1 BR | Available Now
1.1 miles from center of campus
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23
$1,345
Salem, OR
2 BR | Available Now
1.2 miles from center of campus
Contact
13
$1,075
2451-2473 Trade St Salem, OR
1 BR | Available Now
1.2 miles from center of campus
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Southeast Salem
23
$1,345
Salem, OR
2 BR | Available Now
1.2 miles from center of campus
Contact
Storage
Disability Access
14
$1,195
1103 2nd St NW #'s 1, 2, 3 & 4 Salem, OR
2 BR | Available Now
1.2 miles from center of campus
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Surface Parking
Storage
Disability Access
21
$1,325
151 199 25th St NE Salem, OR
2 BR | Available Now
1.2 miles from center of campus
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Storage
Disability Access
Dishwasher
22
$1,550
1032 Elm St Salem, OR
2 BR | Available Now
1.2 miles from center of campus
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House
Disability Access
8
$1,095
1032 1/2 Elm St Salem, OR
1 BR | Available Now
1.2 miles from center of campus
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House
36
$1,325
Salem, OR
2 BR | Available Now
1.2 miles from center of campus
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Dishwasher
$2,000
Salem, OR
2 BR | Available Now
1.2 miles from center of campus
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House
Dishwasher
7
$1,195
665 697 25th St SE Salem, OR
1 BR | Available Now
1.3 miles from center of campus
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Storage
Disability Access
Southeast Salem
2
$1,195
Salem, OR
1 BR | Available Now
1.3 miles from center of campus
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Southeast Salem
$1,900
Salem, OR
2 BR | Available Now
1.3 miles from center of campus
Contact
House
0
$1,295
2581 2599 Simpson St SE Salem, OR
2 BR | Available Now
1.3 miles from center of campus
Contact
Storage
Southeast Salem
$1,875
Salem, OR
3 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
2
$1,450
533 Taybin Rd NW Salem, OR
2 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
$1,050
Salem, OR
2 BR | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
11
$1,195
1250 Wallace Rd NW Salem, OR
2 BR | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
7
$995 - 1,095
1869 1913 Broadway St NE Salem, OR
1 BR | Available Now
1.4 miles from center of campus
Contact
Senior Community
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
0
$1,275
1143, 1145, 1147 & 1149 6th Street NW Salem, OR
2 BR | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
20
$2,400
1910 River Rd S Salem, OR
3 BR | Available Now
1.4 miles from center of campus
Contact
House
Storage
Fireplace
0
$1,150
Salem, OR
1 BR | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
10
$1,295
1190-1196 7th St NW Salem, OR
2 BR | Jun. 18, 2024
1.4 miles from center of campus
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61 - 90 of 398 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.