Houses for Rent in Salem, OR

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Viewing 1-20 of 83 rentals in Salem
What to Know About

Living in Salem, OR

Salem, the capital of Oregon, is a charming and vibrant city in the mid-Willamette Valley. The city boasts stunning natural landscapes, abundant outdoor attractions, and a thriving cultural, educational, and economic center, making it an ideal place to live, work, and play. Discover the city's unique character and cultural legacy at Oregon State Capitol, the historic Elsinore Theatre, and the Salem Art Association. The city is also home to several world-class educational institutions, such as Willamette University and Chemeketa Community College, offering exceptional academic opportunities.

Nature enthusiasts will love discovering the city's stunning natural wonders, including the Riverfront Park, the Minto-Brown Island Park, and the Bush's Pasture Park. Salem is also known for its wineries and breweries, with many local establishments showcasing the region's world-renowned Pinot Noir and craft beers. In addition, Salem hosts several notable events across the year, such as the Salem Art Fair and Festival, the Oregon State Fair, and the World Beat Festival, showcasing the city's unique atmosphere.

With its friendly community spirit, affordable cost of living, and cultural and recreational opportunities, Salem is a great place to call home.

Rental Market Trends

Salem, OR

As of September 2026, Salem's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Salem's average rent is 11.1% ($182) lower than the Oregon average of $1,633 and 19.7% ($357) lower than the U.S. average of $1,808.

Average Rent
$1,451
Monthly ChangeMonth Over Month Change
Decreased0.4% ($6)
Yearly ChangeYear Over Year Change
Decreased0.8% ($11)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,225 Decreased0.8% ($10) Increased1.1% ($13)
2 Beds $1,447 Decreased0.3% ($5) Decreased2.5% ($37)
3 Beds $1,954 Decreased1.3% ($26) Increased0.4% ($8)
Nearby Cities Average Rent Avg. Rent vs. SalemAverage Rent vs. Salem Avg. Days on MarketAverage Days on Market
Independence $1,954 Increased34.7% ($503) 33 days
Aumsville $1,930 Increased33% ($479) 34 days
Jefferson $1,744 Increased20.2% ($293) 36 days
Mount Angel $1,156 Decreased20.3% ($295) 33 days
Woodburn $1,646 Increased13.4% ($195) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Salem Rental Market FAQs

Explore rental prices, market trends, and availability in Salem, OR.

The average rent in Salem, OR is $1,451 per month.
Houses in Salem typically rent for between $858 and $2,540 per month, with an average of $1,451 per month.
In Salem, the average rent for a 1-bedroom house is $1,225 per month, for a 2-bedroom house, $1,447 per month, and a 3-bedroom house is $1,954 per month.
The average rent in Salem is 19.7% ($357) lower than the national average of $1,808 per month.
The average rent in Salem has decreased by 0.4% ($6) in the last month and decreased by 0.8% ($11) over the past year.
The rental market in Salem, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Salem, OR, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 378 rental properties available in Salem, OR.
Based on the current averages, a household would need an annual income of $57,880 to comfortably afford a 2-bedroom house in Salem.
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