Median rent for residential apartments in Salem, OR as of Dec, 2022.
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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24 Salem, OR, USA apartments for rent
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Salem
Salem, OR has a population of 163,654, while the median age is 35. The household income in Salem, OR is around $51,666. The homeownership rate among the residents is 53%. The median residential property value in Salem, OR that you should keep in mind is $201,900.
| Population | 163,654 |
| Median Age | 35.2 |
| Poverty Rate | 16% |
| Household Income | $51,666 |
| Number Of Employees | 73,871 |
| Median Property Value | $201,900 |
Housing Trends
How much is an apartment in Salem, OR, USA
Average apartment rent in Salem: $1,531 (-97.1%)
| Rent Price | Dec | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,166 | -16.8% |
| 2-bed apartments | $1,629 | -7.2% |
| 3-bed apartments | $2,027 | -7.6% |
Over the Dec 2022, the average rent for an apartment in/near Salem, OR decreased by 97.1% to $1,531.
The average price for a rental studio in Salem, OR has remained the same as last month and equals $103,199. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 16.8% to $1,166. Pricing for 2-bed apartment also decreased by 7.2% and a place of this size will now cost you $1,629. 3-bed apartment rent pricing starts at $2,027, it decreased by 7.6% lately.
| Rent Type Price | Dec | vs Last Month |
|---|---|---|
| Apartments for rent | $1,620 | -97% |
| Rooms for rent | $625 | -17.1% |
| Houses for rent | $1,733 | +2% |
The median rent for an apartment in Salem, OR decreased by 97% to $1,620. Statistics show that house rent price increased by 2% this month making it up to $1,733. Condo for rent is now available for the same pricing as previously — $1,900. The median rent for a loft did not face significant changes this time, it now still goes for $91,530. An average room will now go for $625, the median rent price for a room decreased by 17.1%.
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