Rentometer, Inc. | Data as of 10/24/2025
Salem, Oregon offers a vibrant rental landscape that caters to a wide range of lifestyles, from bustling downtown living to quiet residential neighborhoods. Renters can choose from contemporary apartments in the Riverfront district, charming historic homes in the College Hill area, and spacious family‑friendly properties in West Salem. The city’s blend of cultural attractions, thriving local businesses, and easy access to the Willamette River makes it an appealing destination for professionals, students, and growing families alike.
The market provides balanced options across property types. Studio apartments typically rent in the $1,240 range with median values closely aligned, while larger units such as two‑bedroom houses average around $1,650, reflecting Salem’s affordable yet diverse housing inventory. Whether you prefer a modern apartment building with amenities or a standalone house with a backyard, the city’s rental portfolio offers flexibility for every budget and preference.
Beyond the walls of each home, Salem boasts an abundance of amenities that enhance everyday life. Residents enjoy proximity to the Oregon State Capitol, the historic downtown parkways, and the vibrant arts scene at the Salem Civic Center. Outdoor enthusiasts appreciate easy access to Bush’s Pasture Park and the Willamette River’s walking trails. With reliable public transit, bike‑friendly streets, and a welcoming community spirit, Salem’s rentals provide not just a place to live, but a gateway to a rich Oregon experience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,371 | $1,427 | $1,045 - $1,645 | $1,245 - $1,515 |
| Apartment | 1 Bedroom | $1,254 | $1,150 | $786 - $2,100 | $1,095 - $1,395 |
| Apartment | 2 Bedroom | $1,560 | $1,472 | $870 - $3,100 | $1,295 - $1,725 |
| Apartment | 3 Bedroom | $2,080 | $1,957 | $1,215 - $3,950 | $1,799 - $2,350 |
| House | 1 Bedroom | $1,227 | $1,275 | $600 - $1,936 | $1,045 - $1,400 |
| House | 2 Bedroom | $1,635 | $1,700 | $750 - $2,500 | $1,450 - $1,850 |
| House | 3 Bedroom | $2,441 | $2,397 | $1,550 - $3,650 | $2,250 - $2,600 |
| House | 4+ Bedroom | $2,972 | $2,799 | $2,299 - $7,500 | $2,590 - $3,150 |
In the current period, the average rent in Salem was $1,355 for Studio, $1,258 for 1 Bedroom, $1,573 for 2 Bedroom, $2,344 for 3 Bedroom, and $2,803 for 4+ Bedroom.
Data provided by Rentometer, Inc.