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Apartments in Salem

1 - 30 of 298 Results
33
$1,555 - 2,625
Acero West Salem
Deal
4.8
1948 Linwood St Nw Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
24
$1,399 - 2,199
The Reserve at Hawks Ridge Apartments
4.0
1569 Whitaker Dr SE Salem, OR
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
21
$1,325 - 1,495
Brook Hollow Apartments
3.6
4154 Sunnyview RD NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
9
$1,355
Columbia Village
3.0
3684 Fisher Rd Ne, , Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
13
$1,500
Regency Park Townhomes
1109 Schurman Rd S Salem, OR
2 BR | Available Now
Contact
House
Storage
Dishwasher
24
$1,595
155 Liberty St NE
Salem, OR
2 BR | Jun. 28, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
15
$1,395
Nguqua01-stafford Square Apartments
113 Stafford Ln NE Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
8
$1,325 - 1,525
4200 Sunnyview Rd NE
Salem, OR
2 BR | May. 20, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
5
$1,495 - 1,795
227-river Valley Terrace
644 River Valley Dr NW Salem, OR
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
41
$2,895
4bd/2.5ba Two Story House - Available Mid-may!
884 Van Buren Dr NW Salem, OR
4 BR | May. 17, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
8
$1,125
080-salem Heights
101-129 Salem Heights Ave S Salem, OR
1 BR | Available Now
Contact
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
11
$1,195
216-saginaw Duplexes
1147-1189 Saginaw St Salem, OR
1 BR | May. 20, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
13
$1,100
339-walnut Hill Apartments
355-499 Harney St S Salem, OR
1 BR | May. 15, 2024
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
18
$1,495 - 1,750
167-triple Crown Apts
1380 Seattle Slew Dr SE Salem, OR
2 - 3 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Fitness Center
Storage
Disability Access
16
$2,500
3 Bedroom/ 1.5 Bath Home
1333 Woodacre Dr Salem, OR
3 BR | Available Now
Contact
House
Dishwasher
10
$1,295
Haytro02-7th St 4-plex
1190-1196 7th St NW Salem, OR
2 BR | Jun. 18, 2024
Contact
7
$1,875
2760-2770 Silverton Rd NE
Salem, OR
3 BR | Available Now
Contact
Balcony/Deck/Patio
Storage
15
$1,195
701 Church St NE
Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
Central Area
13
$950
638 Church St. #14122
638 Church St NE Salem, OR
Studio | Jun. 10, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
9
$1,095
Laurieannapts
390-414 Madrona Ave S Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
14
$1,050
Bgllc01*
2341 State St Salem, OR
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
11
$1,095 - 1,195
Colonial Apartments
1250 Wallace Rd NW Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
22
$1,250
470 Sqft
701-725 Lockwood Ln S Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Storage
Disability Access
Dishwasher
Faye Wright
14
$1,125 - 1,495
990 Broadway St NE
Salem, OR
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
18
$995 - 1,100
Crown Ridge
1505 Brush College Rd NW Salem, OR
1 BR | Available Now
Contact
Storage
Disability Access
28
$1,195
7 Oaks
2235 2249 Lee St SE Salem, OR
1 BR | Available Now
Contact
Storage
Southeast Salem
17
$1,225 - 1,295
Cypress Gardens
1604-1640 Chemeketa St NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
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
20
$1,675
5661 Woodside Dr SE
Salem, OR
2 BR | May. 22, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
7
$1,195
Bella Rose Apartments
665 697 25th St SE Salem, OR
1 BR | Available Now
Contact
Storage
Disability Access
Southeast Salem
1 - 30 of 298 Results
  1. Home
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How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
Studio $1,060 $140 - $1,340
1BR $1,130 $1,000 - $1,560
2BR $1,430 $1,120 - $1,850
3BR $2,070 $1,540 - $3,150
4+BR $2,550 $2,200 - $2,900
Frequently Asked Questions

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

Rentable.co has over 6,159 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 $1,060 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 $1,430 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 $1,430 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 $42,000 to live comfortably.

Neighborhoods

Central Area
East Lancaster
Faye Wright
Lansing
NOLA
Northeast Salem
South Central
South Gateway
South Salem
Southeast Mill Creek
Southeast Salem
Sunnyslope

Search Cities Near Salem, OR

Keizer, OR
Independence, OR
Monmouth, OR
Silverton, OR
Dallas, OR
Sublimity, OR
Stayton, OR
Jefferson, OR
Woodburn, OR
McMinnville, OR
Adair Village, OR
Lafayette, OR
Albany, OR
Willamina, OR

Campuses Nearby

Chemeketa Community College
Willamette University

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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