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Apartments in Salem

1 - 30 of 270 Results
33
$1,645 - 2,585
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
30
$2,200
1957 Maplewood Ct S
Salem, OR
3 BR | Available Now
Contact
House
Storage
123
$1,495 - 2,195
Fisher Park Apartments
4370-4374 Fisher Rd NE Salem, OR
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
32
$1,995
1695 Davis Rd S
Salem, OR
3 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
33
$1,795
2770 Nola Ave SE
Salem, OR
3 BR | Available Now
Contact
House
Storage
Dishwasher
16
$1,100
PO Box 5517
Salem, OR
1 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
5
$1,262
241 255 249 Liberty St NE
Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
25
$1,895
690 Highland Ave NE
Salem, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
13
$1,350
3300 Hollywood Dr NE
Salem, OR
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
17
$995
1358 Chemeketa St NE
Salem, OR
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Central Area
5
$1,125
Ivanhoe Apartments
2305 State St Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
9
$1,400
420 20th St SE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
5
3D Tour
$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
13
$1,295
4420-4455 Seaton Ln
Salem, OR
1 BR | Available Now
Contact
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
22
$2,495
445 Hansen S.
Salem, OR
4 BR | Available Now
Contact
House
South Salem
11
$1,395
1338-1398 39th Ave NE
Salem, OR
2 BR | Available Now
Contact
Northeast Salem
8
$1,195
2465-2497 Cherry Ave NE
Salem, OR
1 BR | May. 3, 2024
Contact
15
$1,125
1728 Park Ave NE
Salem, OR
2 BR | Available Now
Contact
Storage
Dishwasher
6
$1,395
540 Wallace Rd NW
Salem, OR
2 BR | Apr. 21, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
5
$1,325 - 1,850
Aspen Grove Apartments
1962 Wallace Rd NW Salem, OR
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$995
113 137 Hrubetz Rd SE
Salem, OR
1 BR | Available Now
Contact
Storage
Disability Access
Faye Wright
13
$1,795
2105 University St SE
Salem, OR
2 BR | Available Now
Contact
House
Storage
Dishwasher
South Central
12
$995
143 Connecticut Ave SE
Salem, OR
1 BR | Available Now
Contact
Dishwasher
5
$1,145
704-710 Norman Ave NE
Salem, OR
2 BR | Available Now
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Storage
Northeast Salem
8
$1,095
802-824 Rural Ave SE
Salem, OR
1 BR | Available Now
Contact
South Central
18
$1,095
1136 Fairmount Ave S
Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
17
$1,625
3750-3762 Amber St NE
Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
1 - 30 of 270 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 $1,330 $1,000 - $1,500
2BR $1,500 $1,150 - $1,900
3BR $2,000 $1,720 - $2,830
4+BR $2,470 $2,000 - $3,100
Frequently Asked Questions

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

Rentable.co has over 6,720 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 $1,330 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 $1,500 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 $1,500 per month, which is lower than the national average of $1,630 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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