Apartments in Salem

61 - 90 of 315 Results
18
$995 - 1,100
1505 Brush College Rd NW Salem, OR
1 BR | Available Now
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Disability Access
28
$1,195
2235 2249 Lee St SE Salem, OR
1 BR | Available Now
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Southeast Salem
17
$1,225 - 1,245
1604-1640 Chemeketa St NE Salem, OR
2 BR | Available Now
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Cat Friendly
Surface Parking
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Disability Access
18
$1,095
Salem, OR
2 BR | Available Now
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Cat Friendly
Surface Parking
Storage
Disability Access
7
$1,195
665 697 25th St SE Salem, OR
1 BR | Available Now
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Disability Access
Southeast Salem
20
$1,595
Salem, OR
2 BR | May. 6, 2024
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Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
14
$1,925
Salem, OR
3 BR | Available Now
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Cat Friendly
House
Storage
Dishwasher
5
$1,145
Salem, OR
2 BR | Available Now
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Northeast Salem
8
$1,095
802-824 Rural Ave SE Salem, OR
1 BR | Available Now
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South Central
17
$1,625
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
81
$1,595
4370-4374 Fisher Rd NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
35
$1,775
Salem, OR
3 BR | May. 29, 2024
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Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
13
$1,850 - 1,900
4125 Market St NE Salem, OR
2 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,795
4702 Lancaster Dr NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
12
$1,850
Salem, OR
3 BR | May. 22, 2024
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Cat Friendly
Disability Access
Dishwasher
7
$1,850
Salem, OR
3 BR | Available Now
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Balcony/Deck/Patio
Storage
19
$1,295
Salem, OR
2 BR | Available Now
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Disability Access
Dishwasher
15
$1,195
Salem, OR
2 BR | Available Now
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Disability Access
Dishwasher
Central Area
13
$1,250
4798 Skyline Rd S Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
11
$1,095 - 1,195
1250 Wallace Rd NW Salem, OR
1 - 2 BR | May. 13, 2024
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Cat Friendly
Surface Parking
Storage
Disability Access
10
$1,295
1190-1196 7th St NW Salem, OR
2 BR | Jun. 18, 2024
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16
$2,250
5130 Caplinger Rd Salem, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
4
$1,025
1015 1069 Liberty St SE Salem, OR
1 BR | Available Now
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Disability Access
13
$1,300
800 Oakhill Ave Salem, OR
1 BR | May. 6, 2024
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Storage
Disability Access
10
$1,195
Salem, OR
1 BR | Available Now
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Dishwasher
11
$1,250
330 14th St SE Salem, OR
Studio | Available Now
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Surface Parking
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Disability Access
Dishwasher
9
$1,100
4553 4581 Lancaster Dr NE Salem, OR
1 BR | Available Now
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Surface Parking
Storage
Disability Access
7
$995
1869 1913 Broadway St NE Salem, OR
1 BR | Available Now
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Senior Community
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
24
$2,350
5747 Karen Lynn Loop S Salem, OR
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
5
$1,450 - 1,724
1807 Wiltsey Rd SE Salem, OR
1 - 2 BR | Available Now
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61 - 90 of 315 Results
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How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
Studio $1,000 $140 - $1,340
1BR $1,300 $1,000 - $1,490
2BR $1,500 $1,150 - $1,890
3BR $2,000 $1,660 - $2,890
4+BR $2,430 $2,200 - $2,950

Neighborhoods

Search Cities Near Salem, OR

Campuses Nearby

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.