Last updated
Average Rent in Salem, OR & Rent Trends
Rent prices and market trends across 11 apartment communities in Salem, OR. Updated daily.
Market Average
$1,638/mo
▲ +8.7% from last month
Lowest Available
$996/mo
cheapest unit on market
Communities
11
tracked daily
Units Listed
57
available now
Price Cuts This Week in Salem, OR
9 listed units across 3 buildings in Salem, OR dropped their asking rent in the past 7 days, an average cut of $25/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Jory Apartments | Unit 269, Cypress | $1,625 | $1,573 | $52 |
| Koz on State | Unit 437, Studio A | $1,096 | $1,070 | $26 |
| The Jory Apartments | Unit 261, Cypress | $1,595 | $1,573 | $22 |
| The Jory Apartments | Unit 271, Cypress | $1,595 | $1,573 | $22 |
| The Jory Apartments | Unit 330, Cypress | $1,595 | $1,573 | $22 |
| The Jory Apartments | Unit 334, Cypress | $1,595 | $1,573 | $22 |
| The Jory Apartments | Unit 336, Cypress | $1,595 | $1,573 | $22 |
| The Jory Apartments | Unit 349, Douglas | $1,550 | $1,528 | $22 |
Rent by Neighborhood in Salem, OR
Compare average rent across Salem, OR neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| South Salem | $1,875 | ▲ $58 | $1,725 | 1 | 3 |
| Salem 97304 | $1,843 | ▲ $93 | $1,529 | 3 | 21 |
| Salem 97317 | $1,573 | - | $1,393 | 1 | 4 |
| Keizer 97303 | $1,546 | ▲ $21 | $1,546 | 1 | 2 |
| Northeast Neighbors | $1,483 | ▲ $42 | $996 | 4 | 25 |
| Salem 97305 | $1,455 | ▲ $296 | $1,455 | 1 | 1 |
Is Rent Going Up or Down in Salem, OR?
As of September 2026, the average rent in Salem, OR is $1,638 per month across 11 apartment communities and 57 available units. Rents have increased $131 (8.7%) over the past month.
The most affordable option is Claxter Crossing starting at $996/mo. By unit type, a studio averages $1,385/mo, a 1-bedroom averages $1,445/mo, a 2-bedroom averages $1,646/mo, a 3-bedroom averages $2,153/mo.
Prices range from $996 to $2,704 per month. The most common price point is the $1,400 range, where 21 units are currently listed.
Salem, OR Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,256 | - | 6 |
| June 2026 | $1,723 | +$467 | 9 |
| July 2026 | $1,575 | -$148 | 11 |
| August 2026 | $1,586 | +$11 | 11 |
| September 2026 | $1,620 | +$34 | 11 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Salem, OR
Rent Prices by Apartment in Salem, OR
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Claxter Crossing | $996/mo | $996/mo | 1 | 4.4 |
| Koz on State | $1,070/mo | $1,338/mo | 10 | 4.6 |
| Rivenwood Apartments | $1,305/mo | $1,620/mo | 7 | 3.8 |
| Village East Apartments | $1,393/mo | $1,573/mo | 4 | 4.1 |
| Lancaster Terrace | $1,455/mo | $1,455/mo | 1 | 2.8 |
| The Jory Apartments | $1,465/mo | $1,558/mo | 8 | 4.5 |
| Orchard Ridge | $1,529/mo | $1,643/mo | 10 | 4.8 |
Frequently Asked Questions About Rent in Salem, OR
What is the average rent in Salem, OR?
Is rent going up or down in Salem, OR?
What is the cheapest apartment in Salem, OR?
How much is a 1-bedroom apartment in Salem, OR?
How many apartments are available in Salem, OR?
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
$66,000/year
Based on the 30 percent rule, using our tracked average rent of $1,638/mo.
Comfortable income
$79,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($996/mo), you need to earn at least $40,000/year.
Median household income in Salem, OR is $71,900 , about 9% 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) | $1,638 |
| Utilities | $412 |
| Groceries | $566 |
| Transportation | $981 |
| Healthcare | $479 |
| Other goods and services | $766 |
| Estimated total | $4,841/mo |
Population
176,666
Median household income
$71,900
Census median rent
$1,323/mo
Census rent burden
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.
Google Search Trends for Salem, OR Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Salem, OR Apartments
Browse all 11 communities with daily-updated pricing and availability.