Apartments in Southeast Salem

1 - 30 of 149 Results
1
$1,300 - 1,775
1510 1520 St Salem, OR
1 - 3 BR | Available Now
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Southeast Salem
1
$1,750
1173 15th St SE Salem, OR
2 BR | Available Now
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1
$1,095
2341 State St Salem, OR
1 BR | Available Now
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1
$1,495
2395 Hyde St SE Salem, OR
2 BR | Available Now
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Southeast Salem
1
$1,250 - 1,295
2551-2578 Hyde Ct SE Salem, OR
2 BR | Available Now
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Southeast Salem
28
$1,095
2235 2249 Lee St SE Salem, OR
1 BR | Available Now
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Southeast Salem
7
$1,195
665 697 25th St SE Salem, OR
1 BR | Available Now
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Disability Access
Southeast Salem
7
$1,195
Salem, OR
1 BR | Available Now
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Southeast Salem
0
$1,595
1593 1595 20Th St Salem, OR
2 BR | Available Now
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Southeast Salem
1
$1,195
2451-2473 Trade St SE Salem, OR
1 BR | Available Now
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Southeast Salem
1
$1,195
360
360 21st St SE Salem, OR
2 BR | Dec. 9, 2024
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16
$1,095
Salem, OR
2 BR | Available Now
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14
$1,295
Salem, OR
2 BR | Available Now
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21
$1,375
Salem, OR
2 BR | Available Now
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21
$1,195
Salem, OR
2 BR | Available Now
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10
$1,195
Salem, OR
2 BR | Available Now
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41
$1,250
Salem, OR
2 BR | Available Now
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24
$1,250
151 199 25th St NE Salem, OR
2 BR | Available Now
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4
$1,200
2305 State St Salem, OR
2 BR | Dec. 6, 2024
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15
$1,200
Salem, OR
2 BR | Dec. 6, 2024
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28
$1,450
Salem, OR
2 BR | Available Now
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28
$1,450
1809 1817 Ferry St Salem, OR
2 BR | Available Now
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Disability Access
Dishwasher
7
$950
1642 1664 13th St SE Salem, OR
1 BR | Available Now
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South Central
0
$1,250
Salem, OR
1 BR | Available Now
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17
$1,430
1348 1366 12th St SE Salem, OR
1 BR | Available Now
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1
$1,195
1460-1462 Trade St Salem, OR
2 BR | Ask for Availability
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1
$1,095
Salem, OR
1 BR | Available Now
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1
$997
1425-1435 Trade St SE Salem, OR
1 BR | Available Now
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1
$1,095 - 1,245
Salem, OR
1 - 2 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
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0
$1,495
Salem, OR
2 BR | Available Now
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South Central
1 - 30 of 149 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.