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Apartments in Central Area Salem

1 - 30 of 143 Results
1
$995 - 1,125
Millbridge Terrace Apartments 728 Church St #1-39 NE
Salem, OR
1 - 2 BR | Available Now
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Storage
Disability Access
Dishwasher
Central Area
1
$1,200
241 High St NE
Salem, OR
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
Dishwasher
Central Area
16
$1,350
440 @ State Street
440 State St Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
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1
$1,195 - 1,345
155 Liberty St NE
Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
1
$1,995
241 255 249 Liberty St NE
Salem, OR
1 BR | Available Now
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Dishwasher
Central Area
1
$1,150 - 1,200
The Interurban Apartments
The Interurban Apartments 1215-1225 Chemeketa St NE Salem, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
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Central Area
8
$ Ask - 1,450
Chemeketa Apartments
1225 Chemeketa St Ne Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Central Area
1
$1,100 - 1,250
1251-1277 Chemeketa St NE
Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
21
$1,200
350 13 Th St Unit The
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Fireplace
13
$1,200
350 13 Th St Unit 209 NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Central Area
20
$1,500
350 13 Th St Unit 00 NE
Salem, OR
2 BR | Nov. 26, 2024
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
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18
$1,500
350 13 Th St Unit 2-bed NE
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
15
$895
1 Bedroom Cottage available in Salem !
730 Cottage St Salem, OR
1 BR | Available Now
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House
Central Area
1
$997
0105-01
1425-1435 Trade St SE Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,195
Nisk01*
1460-1462 Trade St Salem, OR
2 BR | Ask for Availability
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Storage
1
$1,100
610 Commercial St & 4851-4880 Portland Rd NE
Salem, OR
1 BR | Available Now
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0
$1,250
510-520 14th St SE & 1420 Bellevue St SE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,325
Cypress Gardens
1604-1640 Chemeketa St NE Salem, OR
2 BR | Nov. 25, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
24
$2,050
Adorable Historical Home - Coming Soon!!!
1616 Center St Salem, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
3
$1,099 - 1,200
Liberty Liberty Street Apartments Llc
Liberty Street Apartments Llc 807-889 Liberty St SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
14
$1,495
990 Broadway St NE
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$1,025
804-808 14th St NE
Salem, OR
1 BR | Dec. 4, 2024
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Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
28
$1,450
1817 Ferry St
Salem, OR
2 BR | Available Now
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Dishwasher
28
$1,450
Ferry St - 4 Plex
1809 1817 Ferry St Salem, OR
2 BR | Available Now
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Storage
Disability Access
Dishwasher
1
$1,050
Bledan01 - 1287-1297 D St Ne
1287-1297 D St NE Salem, OR
1 BR | Available Now
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11
$1,150
1029 Liberty St SE
Salem, OR
1 BR | Jan. 6, 2025
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8
$1,000
1065 Liberty St SE
Salem, OR
1 BR | Nov. 29, 2024
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3
$1,000 - 1,250
Bayberry Apartments
1015 1069 Liberty St SE Salem, OR
1 - 2 BR | Available Now
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Surface Parking
Disability Access
14
$1,250
1063 Liberty St SE
Salem, OR
2 BR | Dec. 20, 2024
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16
$1,095
455 18th St SE
Salem, OR
2 BR | Available Now
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Dog Friendly
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Storage
Disability Access
1 - 30 of 143 Results
  1. Home
  2. Salem
  3. Central Area
Frequently Asked Questions

How many apartments are available in Central Area on Rentable.co?

Rentable.co has over 155 apartments available near Central Area.

What is the average rent for a studio apartment in Central Area?

The average rent for a studio apartment near Central Area is around $1,050 per month.

What is the average rent for a one-bedroom apartment in Central Area?

The average rent for a one-bedroom apartment near Central Area is around $1,195 per month.

What is the average rent for a two-bedroom apartment in Central Area?

The average rent for a two-bedroom apartment near Central Area is around $1,450 per month.

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

Rentable.co has over 6,146 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 $1,050 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 $1,200 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 similar to 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 $42,000 to live comfortably.

Salem:
November Rent Report

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

$1,550
$1,160
$780
$390
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Salem Rent Prices Increase From October to November

Salem rent prices increased over the last month. From October to November, the city experienced a 3.78% increase for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,235.0.

When we take a look at the two-bedroom comparison from October to November, Salem experienced a 0.41% increase for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,475.0.

November Prices: Salem vs. Surrounding Areas

Independence, OR
Dallas, OR
Woodburn, OR
Molalla, OR
McMinnville, OR
Salem, OR
Keizer, OR
Monmouth, OR
$1,656
$1,425
$1,382
$1,250
$1,242
$1,190
$1,154
$952
$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 5 of the Salem suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Keizer, OR, Woodburn, OR, Monmouth, OR, Independence, OR, Molalla, OR .

  • Rent decreased in McMinnville, OR, Dallas, OR.

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

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

November 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Salem, OR
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,190
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Salem, OR $1,190.0 3.84% $1,469.0 1.59%
Keizer, OR $1,154.0 1.05% $1,516.0 2.71%
Woodburn, OR $1,382.0 1.39% $1,741.0 -0.74%
McMinnville, OR $1,242.0 -2.67% $1,603.0 2.56%
Monmouth, OR $952.0 0.74% $1,416.0 0.43%
Dallas, OR $1,425.0 0.00% $1,507.0 3.08%
Independence, OR $1,656.0 0.36% $1,813.0 -1.31%
Molalla, OR $1,250.0 25.88% $1,662.0 1.10%

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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