Apartments in South Salem

1 - 30 of 96 Results
0
$1,495 - 1,715
1055 Schurman Dr S Salem, OR
1 - 2 BR | Available Now
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South Salem
0
$1,395
410-476 Vista Ave SE Salem, OR
2 BR | Available Now
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14
$1,375
480-496 Ratcliff Dr SE Salem, OR
2 BR | Available Now
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0
$2,995
945 Crestview Ct S Salem, OR
3 BR | Available Now
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Fireplace
South Salem
21
$1,150
Salem, OR
1 BR | Available Now
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Balcony/Deck/Patio
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22
$1,325
131-169 Salem Heights Ave Salem, OR
2 BR | Available Now
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Storage
Disability Access
Dishwasher
South Salem
21
$1,325
3605-3625 Belle Vista Ct S Salem, OR
2 BR | Available Now
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8
$1,535
250-296 Missouri Ave S Salem, OR
2 BR | Available Now
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South Salem
13
$1,550
1109 Schurman Rd S Salem, OR
2 BR | Available Now
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0
$1,250
3404-3444 Liberty Rd S Salem, OR
2 BR | Nov. 19, 2024
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13
$1,295
355-499 Harney St S Salem, OR
2 BR | Available Now
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0
$1,295
3534 Liberty Rd S Salem, OR
2 BR | Available Now
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$1,225
2380 Crestview Dr S Salem, OR
1 BR | Nov. 22, 2024
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0
$2,095
Salem, OR
2 BR | Available Now
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0
$1,600
Salem, OR
2 BR | Nov. 15, 2024
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House
$1,275
2252 Crestview Dr S Salem, OR
1 BR | Nov. 26, 2024
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0
$1,595
435 Vista Ave SE Salem, OR
2 BR | Available Now
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8
$1,250 - 1,425
3875 Liberty Rd SE Salem, OR
2 BR | Nov. 20, 2024
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Disability Access
Dishwasher
8
$1,175
396 - 410 & 460 Waldo Avenue SE Salem, OR
2 BR | Available Now
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Senior Community
Surface Parking
Balcony/Deck/Patio
15
$2,350
2327 Equestrian Loop Salem, OR
3 BR | Available Now
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0
$1,895
646 Charles St S Salem, OR
2 BR | Available Now
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22
$1,150 - 1,250
701-725 Lockwood Ln S Salem, OR
1 BR | Available Now
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Storage
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Faye Wright
0
$1,475 - 1,625
4078 Liberty Rd S Salem, OR
2 BR | Available Now
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Faye Wright
3
$1,475
Salem, OR
2 BR | Available Now
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5
$1,200
3831 Duplex Ct Salem, OR
1 BR | Available Now
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Surface Parking
Storage
Disability Access
31
$5,000
Salem, OR
6 BR | Ask for Availability
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House
Balcony/Deck/Patio
Storage
0
$2,295
2455 Winter St SE Salem, OR
3 BR | Available Now
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Balcony/Deck/Patio
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South Central
35
$1,875
Salem, OR
3 BR | Available Now
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Balcony/Deck/Patio
Storage
South Central
25
$2,000
Salem, OR
2 BR | Available Now
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South Central
0
$1,995
1070 Vista Ave SE Salem, OR
3 BR | Available Now
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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.