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Apartments in Salem

1 - 30 of 315 Results
33
$1,630 - 2,640
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
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
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
35
$1,495
2bd/1ba Single Story House - Available Mid-may!
4080 Durbin Ave SE Salem, OR
2 BR | Ask for Availability
Contact
House
Storage
Dishwasher
12
$1,850
3440 Hawthorne Ave NE
Salem, OR
3 BR | May. 22, 2024
Contact
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
16
$2,250
Single Level Ranch Style Home In Salem
5130 Caplinger Rd Salem, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
13
$1,250 - 1,325
Skyline Rd S #13130
4798 Skyline Rd S Salem, OR
2 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
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
10
$1,175 - 1,195
Wayside Terrace Apts Llc #2023-ll806
3809-3873 24th Pl NE Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
15
$1,295
Nguqua02-tamara Manor Apartments
2728 Lancaster Dr SE Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
14
$1,200
166-gerth Apartments
731-761 Gerth Ave NW Salem, OR
1 BR | May. 3, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
5
$1,125
Ivanhoe Apartments
2305 State St Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
13
$1,450 - 1,900
Market St. 10-plex
4125 Market St NE Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,795
LANCASTER
4702 Lancaster Dr NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$1,025
Bayberry Apartments
1015 1069 Liberty St SE Salem, OR
1 BR | May. 1, 2024
Contact
Surface Parking
Disability Access
19
$1,295
4889 4893 Portland Rd NE
Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
31
$2,295
Quiet Three Bedroom Home In South Salem, Landscaping Included!
3907 Neelon Dr Salem, OR
3 BR | May. 15, 2024
Contact
House
Air Conditioning
Storage
Dishwasher
20
$1,675
5661 Woodside Dr SE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
10
$1,395
182-summer St
1435, 1445 & 1455 Summer St NE Salem, OR
2 BR | May. 7, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
9
$1,695
4792 Lancaster Dr #111 NE
Salem, OR
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
47
$1,525 - 1,650
Ripplingbrook Terrace
3758 Mica View Ct SE Salem, OR
2 BR | May. 15, 2024
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
27
$1,250 - 1,650
Summit View
401 Ratcliff Dr SE Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
21
$1,150
3345-3349 Liberty Rd S and 3328-3330 Argyle Dr S
Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
17
$995
1358 Chemeketa St NE
Salem, OR
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Central Area
9
$1,400
20th Street #14122
420 20th St SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
5
3D Tour
$1,250 - 1,275
The Park Avenue Apartments
The Park Avenue 1729-1777 Park Ave NE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
6
$1,095
796 14th St NE
Salem, OR
1 BR | May. 8, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
7
$1,000
875 Liberty St NE
Salem, OR
1 BR | Ask for Availability
Contact
Storage
24
$1,195
Elwaco01*
4314-4388 State St Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
20
$1,495
4703 Portland Rd Unit 1 NE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
1 - 30 of 315 Results
  1. Home
  2. Salem

How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
Studio $1,000 $140 - $1,330
1BR $1,300 $1,000 - $1,490
2BR $1,490 $1,130 - $1,870
3BR $2,000 $1,630 - $2,820
4+BR $2,450 $2,000 - $3,000
Frequently Asked Questions

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

Rentable.co has over 6,959 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 $1,000 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 $1,300 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 $1,490 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 $1,490 per month, which is lower than the national average of $1,600 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 $40,000 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:
April Rent Report

Welcome to the April 2024 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Salem Rent Prices Increase From March to April

Salem rent prices increased over the last month. From March to April, the city experienced a 0.22% increase for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,369.0.

When we take a look at the two-bedroom comparison from March to April, Salem experienced a -0.87% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,481.0.

April Prices: Salem vs. Surrounding Areas

Independence, OR
Woodburn, OR
Salem, OR
McMinnville, OR
Molalla, OR
Keizer, OR
Monmouth, OR
$1,610
$1,545
$1,366
$1,322
$1,289
$1,268
$889
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Salem and Surrounding Areas

Rent prices have increased 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, Monmouth, OR, Independence, OR .

  • Rent decreased in Woodburn, OR, McMinnville, OR, Molalla, OR.

  • 2 suburbs are currently priced higher than the city of Salem.

  • 4 suburbs are currently priced lower than the city of Salem.

April 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Salem, OR
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,366
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been on the rise. 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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Salem, OR $1,366.0 5.00% $1,494.0 0.00%
Woodburn, OR $1,545.0 -2.34% $1,746.0 -0.17%
Keizer, OR $1,268.0 3.34% $1,488.0 -0.20%
McMinnville, OR $1,322.0 -0.45% $1,516.0 1.27%
Molalla, OR $1,289.0 -0.16% $1,721.0 0.00%
Monmouth, OR $889.0 3.49% $1,451.0 0.62%
Independence, OR $1,610.0 1.32% $1,781.0 -2.57%

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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