How many apartments are available in 97305 on Rentable.co?

Rentable.co has 64 apartments available for rent in 97305.

What is the average rent for an apartment in 97305?

The average rent for an apartment in 97305 is around $1,500 per month.

What is the average rent for a two-bedroom apartment in 97305?

The average rent for a two-bedroom apartment in 97305 is around $1,475 per month.

What is the average rent for a one-bedroom apartment in 97305?

The average rent for a one-bedroom apartment in 97305 is around $1,150 per month.

What is the average rent for a studio apartment in 97305?

The average rent for a studio apartment in 97305 is around $850 per month.

Apartments in 97305

Salem:
February Rent Report

Welcome to the February 2026 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

$1,550

$1,160

$780

$390

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

1 BR 2 BR

Salem Rent Prices Decrease From January to February

Salem rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Salem experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $.

February Prices: Salem vs. Surrounding Areas

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 0 of the Salem suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Salem suburbs
Rents did not decrease in any of the Salem suburbs.

February 2026 Pricing Trends: Salem vs. National Comparisons

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 February	1 BR M/M % Change	2 BR February	2 BR M/M % Change

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.