The Meridian Apartments
777 Commercial St SE,
Salem, OR 97301
$1,710 - $4,040 Total Monthly Price
1-3 Beds
Area Guide
Downtown Salem is the best of a big city with small-town charm. It has a booming art scene adjacent to one-of-a-kind restaurants. Salem might not have the typical wild and crazy nightlife, but you’ll love its vibrant bar scene.
When it comes to restaurant choices, residents have over 60 to choose from in their community. Locals look forward to pub food at McMenamins Boon’s Treasury, and it’s located in an historic former general store! Riverfront City Park is just a short walk from Downtown Salem apartments. In the summer months, outdoor movies are shown on the lawn and locals love the park’s carousel!
Wilson Park is another green space, near the Oregon State Capitol building just north of Willamette University. Coffeehouses are on almost every corner – though fitting, since coffee is culture in Oregon. If you’re looking for a new and exciting place to live in Salem – full of uniqueness and great shopping – Downtown Salem could work for you.
As of June 2026, the average apartment rent in Downtown Salem is $1,227 for a studio, $1,342 for one bedroom, $2,058 for two bedrooms, and $3,060 for three bedrooms. Apartment rent in Downtown Salem has decreased by -0.1% in the past year.
Studio
398 sq ft
Average Sq Ft
$1,227/month
Average Rent
1 BR
654 sq ft
Average Sq Ft
$1,342/month
Average Rent
2 BR
1,018 sq ft
Average Sq Ft
$2,058/month
Average Rent
3 BR
1,529 sq ft
Average Sq Ft
$3,060/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Salem - Salem, OR is for everyday living.
Moderately Walkable
Walkability
Strong Public Transit
Transit
Very Drivable
Drivability
Exceptionally Bikeable
Bikeability
Downtown Salem - Salem, OR offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Exceptional Variety of Shops Nearby
Shopping
Downtown Salem - Salem, OR provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Salem - Salem, OR from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.