Peace Street
1291-1381 Peace St SE,
Salem, OR 97302
$1,100 - $1,150
1 Bed
Located approximately four miles south of Downtown Salem, Morningside is a family-friendly neighborhood that blends residential streets with commercial districts. Apartments and houses for rent in the area range from affordable to upscale, so there’s something for every renter. Because of the neighborhood’s size, the population is fairly spread out, offering residents a peaceful, laid-back lifestyle. Commercial Street stretches through the community and is lined with an array of restaurants, retailers, fitness centers, grocers, banks, cafes, and specialty shops. For even more dining and shopping options, residents live within minutes of downtown and roughly 50 miles from Portland via Interstate 5.
As of January 2026, the average apartment rent in Morningside is $1,006 for a studio, $1,234 for one bedroom, $1,426 for two bedrooms, and $2,071 for three bedrooms. Apartment rent in Morningside has decreased by -2.4% in the past year.
Studio
600 sq ft
Average Sq Ft
$1,006/month
Average Rent
1 BR
693 sq ft
Average Sq Ft
$1,234/month
Average Rent
2 BR
941 sq ft
Average Sq Ft
$1,426/month
Average Rent
3 BR
1,158 sq ft
Average Sq Ft
$2,071/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† 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 November 2025.