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Frequently asked questions
What is the average rent in Salem, NJ?
The average rent in Salem, NJ is $1,450.
What type of rental buildings are in Salem, NJ?
In Salem 65% of the housing is rented out compared to 35% of homes are owned, according to the most recent Census Bureau estimates. 4% of Salem's apartments are found in large buildings of 50 units or more, 78% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.
What do typical apartment communities look like in Salem, NJ?
The average age of rental buildings in Salem is 32 years old, with 70% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 88% are garden-style apartment communities, 12% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
What apartment floorplans are common in Salem, NJ?
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.