Salem, OR Rental Market Trends
The average rent for an apartment in Salem is $1,036, a 5% increase compared to the previous year.
Average Rent in Salem, OR
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,036||5%||887 sq. ft.|
The average size for a Salem, OR apartment is 887 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
- Renter-occupied Households37%
- Owner-occupied Households62%
22,261 or 37% of the households in Salem, OR are renter-occupied while 37,432 or 62% are owner-occupied.
How Salem Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Salem rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!