Average Rent in Salem, OR and Rent Price Trends

Rent price summary for
Salem, OR

As of May 2024, the median rent for all bedroom counts and property types in Salem, OR is $1,450. This is -25% lower than the national average.

$1.73

average price per square foot

Median rent

$1,450

over the previous yearvs previous year

Total rentals

275

for rent on Zumper.com

As of May 2024, the median rent for all bedroom counts and property types in Salem, OR is $1,450. This is -25% lower than the national average.

$1.73

average price per square foot

Rent ranges

60%

29%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

55%

45%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Salem, OR
The monthly rent for an apartment in Salem, OR is $1,400. A 1-bedroom apartment in Salem, OR costs about $1,208 on average, while a 2-bedroom apartment is $1,450. Houses for rent in Salem, OR are more expensive, with an average monthly cost of $2,195.


1 bedroom	$1,201	3%	1%
2 bedroom	$1,483	3%	1%
3 bedroom	$2,117	2%	6%
4 bedroom	$2,810	1%	7%
Studio	$1,193	9%	21%

		Comparables
Central Area	$1,453
Northeast Neighbors	$1,403
Northgate	$1,465
South Central	$1,411
South Gateway	$1,846
South Salem	$1,528
Southeast Mill Creek	$1,706
Southeast Salem	$1,347
Sunnyslope	$1,595
West Salem	$1,622


Apartments	$1,400	9%	No Change
Condos	$1,572	4%	No Change
Houses	$2,195	1%	No Change

Studio

Average rent

$1,193

Last 30 days

Last year

21%

1 bedroom

Average rent

$1,201

Last 30 days

Last year

2 bedroom

Average rent

$1,483

Last 30 days

Last year

3 bedroom

Average rent

$2,117

Last 30 days

Last year

4 bedroom

Average rent

$2,810

Last 30 days

Last year

The table above reflects average rent prices in Salem, OR, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Salem, OR to other cities

Median rent prices in Salem, OR for all bedroom counts and property types compared to Beaverton, OR.

Salem

Median rent price$1,450

25%

lower than the national median

Median rent price$1,716

11%

lower than the national median

Takeaway

The median rent for all rentals in Salem, OR is 16% lower than the median rent in Beaverton, OR.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.