Rental market trends for
Salem, OR
The average rent price in Salem was $1,391 last month, up $32 month over month.
Median rent
$1,391
Month-over-month change
+$32
Average rent in Salem
In March 2024, Salem rental prices increased $32 compared to last month.
$1,391
+2.40% month over month
Median rent of neighborhoods in Salem
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| West Salem | $1,670 | +21.45% |
| Northeast Salem | $1,325 | -11.37% |
| Southeast Salem | $1,400 | +16.67% |
| Southeast Keizer | $1,575 | -14.29% |
| Morningside | $1,195 | -8.78% |
| Central Area | $1,600 | +16.58% |
| South Gateway | $2,022 | +5.20% |
| Faye Wright | $1,350 | -3.23% |
Last updated: 09/24/2025
Average rent of nearby cities
Here's how Salem's average rent of $1,391 compares to nearby cities.
Last updated: 09/24/2025
More resources for Salem
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| Condos for rent in Salem | Rental listings in Salem | ||
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