Apartments in Faye Wright Salem

31 - 60 of 93 Results
15
$2,400
1114 Tamara Ave Salem, OR
3 BR | Available Now
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1
$1,375
480-496 Ratcliff Dr SE Salem, OR
2 BR | Available Now
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0
$1,395
410-476 Vista Ave SE Salem, OR
2 BR | Available Now
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33
$2,695
Salem, OR
3 BR | Nov. 25, 2024
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7
$1,095
Salem, OR
2 BR | Available Now
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Surface Parking
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20
$1,995
5205 9th Ct SE Salem, OR
3 BR | Available Now
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11
$2,300
244 Integra Ave Salem, OR
3 BR | Available Now
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21
$1,150
Salem, OR
1 BR | Available Now
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22
$1,325
131-169 Salem Heights Ave Salem, OR
2 BR | Available Now
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South Salem
8
$1,125
101-129 Salem Heights Ave S Salem, OR
1 BR | Nov. 25, 2024
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19
$1,450
2108-2126 Red Oak Dr S Salem, OR
2 BR | Available Now
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27
$1,250 - 1,675
401 Ratcliff Dr SE Salem, OR
1 - 2 BR | Available Now
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In Unit Laundry
1
$2,495
Salem, OR
3 BR | Jan. 1, 2025
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Sunnyslope
1
$1,995
5255 5257 Springcrest Dr S Salem, OR
3 BR | Nov. 25, 2024
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Sunnyslope
9
$2,195
Salem, OR
3 BR | Available Now
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Dishwasher
1
$1,695
1245-1251 Baxter Rd SE Salem, OR
2 BR | Available Now
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Dishwasher
South Gateway
40
$2,150
2059 Waln Creek Dr Salem, OR
3 BR | Ask for Availability
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3
$1,495
2195 Maplewood Dr S Salem, OR
2 BR | Available Now
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Dishwasher
32
$1,995
Salem, OR
3 BR | Available Now
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House
Storage
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0
$1,595
435 Vista Ave SE Salem, OR
2 BR | Available Now
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0
$1,995
2194 Maplewood Dr S Salem, OR
2 BR | Available Now
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0
$1,425 - 1,645
5715 Red Leaf Dr S Salem, OR
1 - 2 BR | Available Now
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Dishwasher
1
$2,800
1670 Wickshire Ct SE Salem, OR
3 BR | Available Now
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0
$1,295
Salem, OR
2 BR | Available Now
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Storage
1
$2,995
945 Crestview Ct S Salem, OR
3 BR | Available Now
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Dishwasher
Fireplace
South Salem
1
$1,350
1443 Madrona Ave Salem, OR
2 BR | Available Now
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1
$2,995
1625 Corina Dr Salem, OR
4 BR | Dec. 7, 2024
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27
$1,900
1811 Cousteau Loop SE Salem, OR
1 BR | Nov. 25, 2024
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3
$1,475
Salem, OR
2 BR | Available Now
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18
$1,900
1442 Georgia Ave Se Salem, OR
3 BR | Available Now
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31 - 60 of 93 Results
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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.