Apartments in Salem

1 - 9 of 9 Results
31
$1,235 - 1,700
900 Camelot Drive Salem, VA
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
6
$1,149
777 Roanoke Blvd Salem, VA
2 BR | Apr. 22, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
10
$1,265 - 3,020
128 Rutledge Drive Salem, VA
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Surface Parking
27
$1,100 - 1,300
1650 Lancing Dr Salem, VA
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
37
$2,895
Salem, VA
4 BR | Available Now
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House
Storage
Dishwasher
2
$1,025 - 1,065
Salem, VA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
11
$1,650
Salem, VA
3 BR | Ask for Availability
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House
Air Conditioning
Dishwasher
20
$900
Salem, VA
1 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
Storage
Disability Access
22
$1,025
Salem, VA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1 - 9 of 9 Results
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How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
1BR $960 $900 - $1,030
2BR $1,260 $1,040 - $1,430
3BR $1,420 $1,300 - $1,700

Search Cities Near Salem, VA

Salem:
March Rent Report

Welcome to the March 2024 Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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

$1,250
$940
$630
$310
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Salem Rent Prices Increase From February to March

Salem rent prices increased over the last month. From February to March, the city experienced a 1.95% increase for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,096.0.

When we take a look at the two-bedroom comparison from February to March, Salem experienced a -0.96% decrease for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,129.0.

March Prices: Salem vs. Surrounding Areas

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 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.

March 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$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 March 1 BR M/M % Change 2 BR March 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.