Apartments in Central Area Salem

1 - 30 of 139 Results
27
$2,150
295 Church St #407 SE Salem, OR
1 BR | Available Now
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Dishwasher
Central Area
1
$995 - 1,125
Salem, OR
1 - 2 BR | Available Now
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Storage
Disability Access
Dishwasher
Central Area
1
$1,100
Salem, OR
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
Dishwasher
Central Area
16
$1,350
440 State St Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,200 - 1,245
Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Central Area
1
$1,995
Salem, OR
1 BR | Available Now
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Dishwasher
Central Area
2
$1,150
585 Winter St NE Salem, OR
1 BR | Available Now
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Cat Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
1
$1,150
The Interurban Apartments 1215-1225 Chemeketa St NE Salem, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Central Area
8
$ Ask - 1,450
1225 Chemeketa St Ne Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Central Area
1
$1,250
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Central Area
1
$1,100 - 1,250
Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
21
$1,200
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Fireplace
15
$895
730 Cottage St Salem, OR
1 BR | Available Now
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House
Central Area
1
$997
1425-1435 Trade St SE Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$995
1460-1462 Trade St Salem, OR
2 BR | Ask for Availability
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Storage
1
$1,100
Salem, OR
1 BR | Available Now
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0
$1,250
Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
3
$1,295
640-650 14th St NE Salem, OR
2 BR | Available Now
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1
$1,195 - 1,325
1604-1640 Chemeketa St NE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$2,495
944 Cottage St Salem, OR
3 BR | Available Now
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House
Storage
Dishwasher
1
$1,195
Liberty Street Apartments Llc 807-889 Liberty St SE Salem, OR
1 BR | Available Now
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Storage
Disability Access
Dishwasher
14
$1,125 - 1,495
Salem, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$1,025
Salem, OR
1 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
28
$1,450
Salem, OR
2 BR | Available Now
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Dishwasher
28
$1,450
1809 1817 Ferry St Salem, OR
2 BR | Available Now
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Storage
Disability Access
Dishwasher
1
$1,050
1287-1297 D St NE Salem, OR
1 BR | Available Now
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10
$1,150
Salem, OR
1 BR | Jan. 29, 2025
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11
$1,150
Salem, OR
1 BR | Available Now
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3
$1,150
1015 1069 Liberty St SE Salem, OR
1 BR | Available Now
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Surface Parking
Disability Access
16
$1,095
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1 - 30 of 139 Results
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Salem:
December Rent Report

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

Salem Rent Prices Increase From November to December

Salem rent prices increased over the last month. From November to December, the city experienced a 1.38% increase for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,252.0.

When we take a look at the two-bedroom comparison from November to December, Salem experienced a 1.29% increase for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,494.0.

December Prices: Salem vs. Surrounding Areas

Independence, OR
Woodburn, OR
McMinnville, OR
Salem, OR
Keizer, OR
Monmouth, OR
Molalla, OR
$1,658
$1,390
$1,267
$1,235
$1,130
$997
$475
$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 4 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 Woodburn, OR, McMinnville, OR, Monmouth, OR, Independence, OR .

  • Rent decreased in Keizer, OR, Molalla, OR.

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

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

December 2024 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Salem, OR
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,235
$1,234
$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 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Salem, OR $1,235.0 3.78% $1,475.0 0.41%
Keizer, OR $1,130.0 -2.08% $1,563.0 3.10%
Woodburn, OR $1,390.0 0.58% $1,711.0 -1.72%
McMinnville, OR $1,267.0 2.01% $1,618.0 0.94%
Monmouth, OR $997.0 4.73% $1,394.0 -1.55%
Independence, OR $1,658.0 0.12% $1,784.0 -1.60%
Molalla, OR $475.0 -62.00% $1,659.0 -0.18%

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.