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1045 5th St NE #1

Salem, OR 97301 - Marion County

Apartment

1 bed

1 bath

750 sqft

No pets

Laundry on site

About 1045 5th St NE #1

Absolutely charming apartment in 1926 home converted to four plex in 1940's. Beautifully updated bath and kitchen. Comfortable mini-split heating cooling unit plus gas fireplace for radiant warmth in winter. Conveniently located near downtown businesses, parks, state offices and Willamette University. No smoking. No pets. in consideration of all tenants. Shared laundry facility in basement. Quiet courtyard from back door. We live quietly here.

4 days on RentalSource

RentalSource last checked: 4 days ago · Listing updated: October 26, 2026

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,200
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	750 sqft

Pets:	No
Laundry:	On site
Parking:	Yes
Available:	Inquire
ID:	84656562

Amenities

Laundry Facilities
Parking
Courtyard
Fireplace
Furnished
Smoke-Free

Additional Details

This 1-bedroom, 1-bathroom apartment at 1045 5th St NE #1 in Salem, OR 97301 rents for $1,200 a month. It has 750 square feet. 1045 5th St NE #1 was advertised on October 26, 2026.

How the Rent Compares

At $1,200 a month, this apartment is close to the typical rent for 1-bedroom apartments and condos in Salem (about $1,100).

From 86 one-bedroom apartments and condos listed in Salem on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,100Typical rent for 1-bedroom apartments and condos in Salem

$1,030–$1,250Middle half of their rents

36 daysAverage time they have been listed

See 1+ bedroom rentals in Salem

Affordability Calculator

Can I afford to live at 1045 5th St NE #1?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$48,000 /year

With your chosen rent-to-income ratio, an annual income of $48,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,200 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,200

Rent Affordability Calculator

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