Rentometer, Inc. | Data as of 12/25/2025
Salem, Oregon’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, young professionals, and growing families alike. Downtown Salem and the historic Riverfront district attract renters seeking walkable access to cafés, art galleries, and the bustling Capitol Mall, while neighborhoods such as West Salem and the College Hill area provide quieter residential streets with convenient commuter routes. The city’s blend of historic brick homes and modern multifamily developments ensures a range of options from sleek studios to spacious family houses.
Studio and one‑bedroom apartments generally sit in the $1,200 range, making them an appealing choice for newcomers and those looking to downsize. Larger units, including three‑ and four‑plus bedroom homes, often climb into the $2,500‑$3,000 bracket, reflecting the added space and amenities that many families desire. Renters can expect well‑maintained properties featuring updated appliances, on‑site laundry, and, in many cases, access to community facilities such as fitness centers and pet‑friendly courtyards. Proximity to major employers, the University of Oregon’s Salem campus, and the thriving local arts scene adds further value to these rental opportunities.
Beyond the core city, areas like the East Salem Greenbelt and the historic Willamette Heritage Center offer residents easy access to outdoor recreation, parks, and cultural events, enhancing the overall quality of life. With a balanced supply of both apartments and houses, Salem’s rental landscape remains competitive yet inviting, supporting a vibrant community of renters who appreciate the city’s blend of historic charm and modern convenience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,328 | $1,375 | $417 - $2,295 | $1,095 - $1,515 |
| Apartment | 1 Bedroom | $1,263 | $1,185 | $989 - $2,295 | $1,095 - $1,360 |
| Apartment | 2 Bedroom | $1,548 | $1,495 | $900 - $3,100 | $1,300 - $1,725 |
| Apartment | 3 Bedroom | $2,074 | $1,960 | $1,215 - $3,195 | $1,750 - $2,250 |
| Apartment | 4+ Bedroom | $2,520 | $2,445 | $2,195 - $2,995 | $2,395 - $2,995 |
| House | 1 Bedroom | $1,278 | $1,295 | $670 - $1,936 | $1,045 - $1,445 |
| House | 2 Bedroom | $1,674 | $1,775 | $700 - $2,400 | $1,495 - $1,900 |
| House | 3 Bedroom | $2,426 | $2,400 | $1,545 - $3,600 | $2,200 - $2,595 |
| House | 4+ Bedroom | $2,999 | $2,875 | $2,395 - $5,500 | $2,695 - $3,200 |
In the current period, the average rent in Salem was $1,261 for Studio, $1,270 for 1 Bedroom, $1,569 for 2 Bedroom, $2,350 for 3 Bedroom, and $2,835 for 4+ Bedroom.
Data provided by Rentometer, Inc.