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Apartments in South Salem

1 - 30 of 89 Results
0
$1,395 - 1,715
Harmona Heights Apartments
1055 Schurman Dr S Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
South Salem
0
$1,395
Upland Terrace
410-476 Vista Ave SE Salem, OR
2 BR | Available Now
Contact
1
$1,375
Ratcliff #2023-ll752
480-496 Ratcliff Dr SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$2,795
Beautiful Three Bedroom In The Hills Of South Salem
945 Crestview Ct S Salem, OR
3 BR | Available Now
Contact
House
Dishwasher
Fireplace
South Salem
1
$1,250
Salem Heights
131-169 Salem Heights Ave Salem, OR
2 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
Dishwasher
South Salem
8
$1,125
080-salem Heights
101-129 Salem Heights Ave S Salem, OR
1 BR | Available Now
Contact
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,295
Bellavistaapts
3605-3625 Belle Vista Ct S Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
13
$1,500
Regency Park Townhomes
1109 Schurman Rd S Salem, OR
2 BR | Available Now
Contact
House
Storage
Dishwasher
13
$1,295
339-walnut Hill Apartments
355-499 Harney St S Salem, OR
2 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,195
Bledan01 - 3534 Liberty Rd S
3534 Liberty Rd S Salem, OR
2 BR | Available Now
Contact
1
$1,195
Bledan01 - 3542 Liberty Rd S
3542 Liberty Rd S Salem, OR
2 BR | Available Now
Contact
1
$2,500
3 Bed/2 Bath S. Salem Home W/ Finished Basement
215 Boice St S Salem, OR
3 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
0
$1,495 - 1,595
South Vista Apartments
435 Vista Ave SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
8
$1,250 - 1,395
Heritage Hills
3875 Liberty Rd SE Salem, OR
2 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
27
$1,250 - 1,350
Summit View
401 Ratcliff Dr SE Salem, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
8
$1,175
027-candalaria Plaza
396 - 410 & 460 Waldo Avenue SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Surface Parking
Balcony/Deck/Patio
15
$2,350
Adorable South Salem Home
2327 Equestrian Loop Salem, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
0
$1,895
2 Bedroom 1 Bathroom Home
646 Charles St S Salem, OR
2 BR | Available Now
Contact
House
6
$1,095
Liberty Belle Apartments
3960-3980 Liberty Rd Salem, OR
1 BR | Available Now
Contact
Air Conditioning
Storage
Faye Wright
22
$1,150 - 1,395
470 Sqft
701-725 Lockwood Ln S Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Storage
Disability Access
Dishwasher
Faye Wright
1
$1,475 - 1,625
Grand Oak Apartments
4078 Liberty Rd S Salem, OR
2 BR | Available Now
Contact
Faye Wright
10
$1,100
086-friendship Court Apartments
140-156 Friendship Ave SE Salem, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Storage
3
$1,425
884 Fairview Ave SE
Salem, OR
2 BR | Available Now
Contact
35
$1,875
2635 Summer St SE
Salem, OR
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
South Central
1
$1,225
Coidylwood
128-152 Idylwood Dr Salem, OR
2 BR | Available Now
Contact
Surface Parking
Storage
Dishwasher
Faye Wright
1
$2,195
Fully Remodeled Three Bedroom Home In South Salem
256 Mize Rd Salem, OR
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
Fireplace
1
$1,095 - 1,125
Rhaw
1515-1571 Commercial St SE Salem, OR
1 - 2 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
1
$1,095
Southside Terrace Apartments
3102-3106 Bluff Ave SE Salem, OR
1 BR | Available Now
Contact
Storage
Disability Access
1
$995
Rar
113 137 Hrubetz Rd SE Salem, OR
1 BR | Available Now
Contact
Storage
Disability Access
Faye Wright
1
$1,250
Cardinalcourt
141-175 Hrubetz Rd SE Salem, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1 - 30 of 89 Results
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Frequently Asked Questions

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

Rentable.co has over 86 apartments available near South Salem.

What is the average rent for a studio apartment in South Salem?

The average rent for a studio apartment near South Salem is around $0 per month.

What is the average rent for a one-bedroom apartment in South Salem?

The average rent for a one-bedroom apartment near South Salem is around $1,224 per month.

What is the average rent for a two-bedroom apartment in South Salem?

The average rent for a two-bedroom apartment near South Salem is around $1,495 per month.

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

Rentable.co has over 6,312 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 $1,090 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 $44,000 to live comfortably.

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.

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