Median rent for residential apartments in Salem, AR as of Feb, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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Salem, AR 72576, USA apartments for rent
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Salem
Salem, AR has a population of 2,323, while the median age is 45. The household income in Salem, AR is around $69,844. The homeownership rate among the residents is 95%. The median residential property value in Salem, AR that you should keep in mind is $156,000.
| Population | 2,323 |
| Median Age | 45 |
| Poverty Rate | 4% |
| Household Income | $69,844 |
| Number Of Employees | 1,126 |
| Median Property Value | $156,000 |
Housing Trends
How much is an apartment in Salem, AR 72576, USA
Average apartment rent in Salem: $1,239 (+9.5%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 3-bed apartments | $1,043 | +15.7% |
| 4+ bed apartments | $1,500 | +0% |
Over the February 2023, the average rent for an apartment in/near Salem, AR increased by 9.5% to $1,239.
3-bed apartment rent pricing starts at $1,043, it increased by 15.7% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,500 for a big-family home.
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Houses for rent | $1,239 | +11.6% |
Looking at the median rent price for an apartment in Salem, AR, you can note that it remains flat with a price tag of $1,387. Statistics show that house rent price increased by 11.6% this month making it up to $1,239.
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