Apartments for Rent in Salem, NJ

Prices and availability in Salem, NJ were last updated on 4 Nov 2026.

The best apartment in Salem, NJ is: 56 Olive St, Unit 1.

The average rent in Salem, NJ is $1,450.

In Salem, 65% of the residents are renting compared to 35% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Salem's rentals, 78% are small-scale complexes with under 50 units, and 18% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Salem are about 32 years old, on average. Of these, 70% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 88% of the rental communities here are low-rise, garden-style communities, 12% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Salem are around 0.4% of rentals, while 1-bedroom floor plans represent 54% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 29% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.