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Average Rent in South Salem & Rent Trends

Rent prices and market trends across 2 apartment communities in South Salem, Salem OR. Updated daily.

Market Average

$1,480/mo

Lowest Available

$875/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

36

available now

South Salem vs Salem OR Average

South Salem is cheaper the Salem OR average by $90/mo (6%). The citywide average is $1,570/mo across all neighborhoods.

Is Rent Going Up or Down in South Salem?

As of May 2026, the average rent in South Salem is $1,480 per month across 2 apartment communities and 36 available units.

The most affordable option is Centurion Real Estate Management, LLC - Salem starting at $875/mo. By unit type, a studio averages $1,188/mo, a 1-bedroom averages $1,187/mo, a 2-bedroom averages $1,349/mo, a 3-bedroom averages $2,203/mo, a 4-bedroom averages $2,195/mo.

Prices range from $875 to $2,850 per month. The most common price point is the $1,000 range, where 9 units are currently listed.

South Salem Rent Price History

Collecting price history

Daily snapshots are being recorded. Trend charts will appear once we have enough data points.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in South Salem

Studio
$1,188
from $875 · 3 units
1 Bed
$1,187
from $949 · 10 units
2 Bed
$1,349
from $1,195 · 15 units
3 Bed
$2,203
from $1,795 · 7 units
4 Bed
$2,195
from $2,195 · 1 units

Rent Prices by Apartment in South Salem

Property Starting at Average Units Rating
Centurion Real Estate Management, LLC - Salem $875/mo $1,427/mo 24 4.5
Willamette Meadow Property Management $949/mo $1,587/mo 12 2.4

Google Search Trends for South Salem Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in South Salem

What is the average rent in South Salem?
The average rent in South Salem is $1,480 per month as of May 2026, based on 36 units across 2 apartment communities.
Is rent going up or down in South Salem?
We are collecting daily price snapshots to track rent trends in South Salem. The current average rent is $1,480/mo.
What is the cheapest apartment in South Salem?
The most affordable apartment in South Salem is Centurion Real Estate Management, LLC - Salem with units starting at $875/mo.
How much is a 1-bedroom apartment in South Salem?
A 1-bedroom apartment in South Salem averages $1,187/mo, with prices starting at $949/mo across 10 available units.
How many apartments are available in South Salem?
There are 36 units available across 2 apartment communities in South Salem.

What salary do I need to live comfortably in South Salem?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$59,000/year

30 percent rule -- using our average rent of $1,480/mo.

Comfortable income

$71,000/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 South Salem is $71,900 , about 1% above the comfortable-living threshold.

Cost of living in South Salem

Overall prices in South Salem 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 South Salem's regional price parities.

Category Monthly estimate
Rent (market average) $1,480
Utilities $412
Groceries $566
Transportation $981
Healthcare $479
Other goods and services $766
Estimated total $4,683/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.

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