Salem, OR Rental Market Trends
What is the average rent in Salem?
The average rent for an apartment in Salem is $1,466. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Salem, OR
Last updated June 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,466 | 886 sq. ft. |
What is the average apartment size in Salem?
The average size for a Salem, OR apartment is 886 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Salem, OR apartment rent ranges
Salem, OR Occupied Housing Units
29,669 or 44% of the households in Salem, OR are renter-occupied while 37,359 or 56% are owner-occupied.
Salem, OR rent trends
Average Rent in Salem, OR By Neighborhood
| City | Average Rent |
|---|---|
| Central Salem | $1,736 |
| Southeast Mill Creek | $1,622 |
| West Salem | $1,529 |
| Southwest Salem | $1,521 |
| Higland | $1,519 |
| South Gateway | $1,516 |
| Northeast Salem | $1,469 |
| Sunnyslope | $1,467 |
| North Lancaster | $1,467 |
| Keizer | $1,449 |
| Faye Wright | $1,431 |
| Northgate | $1,393 |
| Morningside | $1,365 |
| East Lancaster | $1,272 |
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What are the most affordable neighborhoods in Salem?
The most affordable neighborhoods in Salem are East Lancaster, where the average rent goes for $1,272/month, Morningside, where renters pay $1,365/mo on average, and Northgate, where the average rent goes for $1,393/mo. If you’re looking for other great deals, check out the listings from Faye Wright ($1,431), Keizer ($1,449), and North Lancaster ($1,467), where the asking prices are below the average Salem rent of $1,466/mo.
What are the most expensive neighborhoods in Salem?
The most expensive neighborhoods in Salem are West Salem ($1,529), Southeast Mill Creek ($1,622) and Central Salem ($1,736).
What are the most popular neighborhoods in Salem?
The most popular neighborhood in Salem is North Lancaster, where there are 9 listings with an average rent of $1,467. Next up is Keizer, where apartments go for $1,449/month, followed by Northeast Salem with $1,469 If you’re looking to rent in Salem’s most popular neighborhoods, make sure to also check out Central Salem, where renters pay $1,736 on average, and Faye Wright, where the average monthly rent is $1,431.
Salem | Rent Comparison by Neighborhood
Rent in Central Salem is 36% higher than in East Lancaster
$1,736
Central Salem rent is 18% higher than Salem average
Average Rent
$1,736
$1,272
East Lancaster rent is 13% lower than Salem average
Average Rent
$1,272
How Salem Compares to Other Cities
| State | Average Rent |
|---|---|
| Salem | $1,466 |
| Portland | $1,735 |
| Beaverton | $1,792 |
| Eugene | $1,837 |
| Hillsboro | $1,934 |
| Gresham | $1,650 |
| Tigard | $1,748 |
| Bend | $1,870 |
| Happy Valley | $1,841 |
| Corvallis | $2,013 |
| Lake Oswego | $2,134 |
| Wilsonville, OR | $1,913 |
| Oregon City | $1,779 |
| West Linn | $2,216 |
| Tualatin | $1,783 |
| Albany | $1,553 |
| Woodburn, OR | $1,620 |
| Dallas, OR | $1,335 |
| Gladstone, OR | $1,678 |
| Canby, OR | $1,653 |
| Independence, OR | $1,727 |
What is the average price for a storage unit in Salem?
The average rent for a non-climate-controlled 10'x10' storage unit in Salem is $146.87. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Salem
Titan Hill Townhomes
1809 Linwood St. NW Suite 114, Salem, OR 97304| 3 BEDS | $2,495+ |
| 4 BEDS | $2,745+ |
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Villa Caprice
3330 Pringle Rd SE, Salem, OR 97302| 1 BED | N/A |
| 2 BEDS | $1,620 |
Sunnyview Townhomes
3910-3930 Sunnyview Rd NE, Salem, OR 97305| 3 BEDS | $1,970+ |
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The Village Apartments
3661 River Road N, Keizer, OR 97303| 2 BEDS | $1,595+ |