Average Rent in Salem OR
9 apartment buildings, 93 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$1,570/mo
Cheapest
$875/mo
Properties
9
Units
93
Analysis
Rent Price Breakdown
Compare pricing across all 9 properties in Salem OR.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Salem OR Rent Prices
All 9 properties ranked by lowest available rent.
Centurion Real Estate Management, LLC - Salem
1365 Commercial St SE, Salem
Willamette Meadow Property Management
2667 Commercial St SE, Salem
Crown Property Management, Inc.
698 12th St SE STE 100, Salem
Rivenwood Apartments
424 Center St NE, Salem
Cherry City Crossing
3960 Cherry Ave NE, Keizer
Lancaster Terrace
4510 N Newcastle Cir NE, Salem
Titan Hill Townhomes
1809 Linwood St NW, Salem
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Centurion Real Estate Management, LLC - Salem 1365 Commercial St SE, Salem | $875 | $1,427 | $1.64 | 4.5 | 24 |
| 2 | Willamette Meadow Property Management 2667 Commercial St SE, Salem | $949 | $1,587 | $1.52 | 2.4 | 12 |
| 3 | Crown Property Management, Inc. 698 12th St SE STE 100, Salem | $950 | $1,648 | $1.49 | 3.4 | 48 |
| 4 | Rivenwood Apartments 424 Center St NE, Salem | $1,249 | $1,555 | -- | 3.8 | 6 |
| 5 | Cherry City Crossing 3960 Cherry Ave NE, Keizer | $1,399 | $1,426 | $2.25 | 4.1 | 3 |
| 6 | Lancaster Terrace 4510 N Newcastle Cir NE, Salem | -- | -- | -- | 2.8 | 0 |
| 7 | Titan Hill Townhomes 1809 Linwood St NW, Salem | -- | -- | -- | 4.7 | 0 |
Explore Each Property
Centurion Real Estate Management, LLC - Salem
4.51365 Commercial St SE, Salem
Willamette Meadow Property Management
2.42667 Commercial St SE, Salem
Crown Property Management, Inc.
3.4698 12th St SE STE 100, Salem
Rivenwood Apartments
3.8424 Center St NE, Salem
Cherry City Crossing
4.13960 Cherry Ave NE, Keizer
Lancaster Terrace
2.84510 N Newcastle Cir NE, Salem
Salem OR Average Rent Prices 2026
The average rent in Salem OR is $1,570 per month, based on 93 units across 9 apartment communities. Prices range from $875 at Centurion Real Estate Management, LLC - Salem to $1,399 at Cherry City Crossing.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,432/mo | $875/mo | 9 |
| 1 Bed | $1,146/mo | $949/mo | 24 |
| 2 Bed | $1,390/mo | $1,111/mo | 35 |
| 3 Bed | $2,240/mo | $1,795/mo | 22 |
| 4 Bed | $2,548/mo | $2,195/mo | 3 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Salem OR, and what they pay
Tracked one-bedroom rent in Salem OR averages $1,146/mo, with two-bedroom units averaging $1,390/mo. At the local median household income of $71,900, that works out to 26% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Salem OR at $1,323/mo. The current tracked market average runs 19% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Salem OR while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Salem OR?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
30 percent rule -- using our average rent of $1,570/mo.
Comfortable income
$75,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($875/mo), you need to earn at least $35,000/year.
Median household income in Salem OR is $71,900 , about 5% below the comfortable-living threshold.
Cost of living in Salem OR
Overall prices in Salem OR runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Salem OR's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,570 |
| Utilities | $412 |
| Groceries | $566 |
| Transportation | $981 |
| Healthcare | $479 |
| Other goods and services | $766 |
| Estimated total | $4,773/mo |
Population
176,666
Median household income
$71,900
Census median rent
$1,323/mo
Rent as % of income
32.9%
Median age
35.7
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Rent Trends in Salem OR
Track how apartment prices are changing over time.
Missing your neighborhood?
Tell us where you're looking. We'll start tracking prices within 24 hours.
Get Started