Apartments in South Central Salem

1 - 30 of 143 Results
1
$2,650
240 Mcgilchrist St Salem, OR
4 BR | Available Now
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House
Dishwasher
18
$2,300
Salem, OR
3 BR | Nov. 22, 2024
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Disability Access
Dishwasher
South Central
0
$1,495
Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
South Central
0
$1,695
Salem, OR
2 BR | Available Now
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Dishwasher
South Central
1
$1,095 - 1,245
Salem, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
1
$1,395
Salem, OR
1 BR | Available Now
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Storage
South Central
17
$1,430
1348 1366 12th St SE Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
25
$2,000
Salem, OR
2 BR | Available Now
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Dishwasher
South Central
35
$1,875
Salem, OR
3 BR | Available Now
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House
Balcony/Deck/Patio
Storage
South Central
7
$950
1642 1664 13th St SE Salem, OR
1 BR | Available Now
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Surface Parking
Storage
Disability Access
South Central
1
$1,200
2599 12th St SE Salem, OR
2 BR | Dec. 6, 2024
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Dog Friendly
Cat Friendly
Dishwasher
South Central
20
$1,200
Salem, OR
2 BR | Dec. 6, 2024
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Dog Friendly
Cat Friendly
12
$1,225
219 Myers St S Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
12
$1,225
221 Myers St S Salem, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
12
$1,450
229 Myers St S Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
12
$1,450
241 Myers St S Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
8
$1,175
396 - 410 & 460 Waldo Avenue SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Surface Parking
Balcony/Deck/Patio
1
$1,750
1173 15th St SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
0
$1,295
155 Miller St S - 1160 Saginaw St S Salem, OR
2 BR | Available Now
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Surface Parking
Storage
Disability Access
Dishwasher
1
$1,695
365 Owens St SE Salem, OR
3 BR | Available Now
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House
Dishwasher
3
$1,475
Salem, OR
2 BR | Available Now
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17
$1,100
Salem, OR
2 BR | Available Now
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8
$1,000
Salem, OR
1 BR | Nov. 22, 2024
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3
$1,000 - 1,100
1015 1069 Liberty St SE Salem, OR
1 - 2 BR | Available Now
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Surface Parking
Disability Access
3
$1,095
211-245 Miller St S Salem, OR
1 BR | Available Now
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0
$1,200
170 Owens St S Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
0
$1,395
1147-1189 Saginaw St S Salem, OR
2 BR | Available Now
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0
$1,595
435 Vista Ave SE Salem, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
3
$1,099 - 1,200
Liberty Street Apartments Llc 807-889 Liberty St SE Salem, OR
1 BR | Available Now
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Disability Access
Dishwasher
0
$995
357 Owens St S Salem, OR
1 BR | Ask for Availability
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1 - 30 of 143 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.