Eastpark Apartment Homes
102 Greencrest St NE,
Salem, OR 97301
$1,378 - $2,162
Studio - 3 Beds
Rental Market Trends in Salem, OR
What is the average rent in Salem, OR?
$1,205/month
Average Rent
658 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
As of March 2026, the average rent in Salem, OR is $1,205 per month. This is 26% lower than the national average rent of $1,626/month, making renting in Salem more affordable than most cities in the US. When you rent an apartment in Salem, you can expect to pay about $1,255 per month for a studio, $1,205 for a one-bedroom apartment, and around $1,398 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,867 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Salem, OR?
In the past year, rent has increased by 0.1%, which averages out to $2 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Salem, OR
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
21%
$700 - $1,000/month
54%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Salem?
Based on current rent prices, North Lancaster, Morningside and Northeast Neighbors are the most affordable neighborhoods in Salem.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Salem?
Based on current rent prices, Downtown Salem, West Salem and Sunnyslope are the most expensive neighborhoods in Salem.
Neighborhood
Average Rent
Average Sq Ft
Which Salem neighborhoods have the most rentals available?
The neighborhoods in Salem with the most apartments available are Hayesville, South Central and East Lancaster .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Salem, OR?
Because the average rent in Salem is $1,205, you’ll want to make about $4,016 per month or $48,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Salem, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Salem, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$3,374/month
$1,218/month
One Bedroom
$1,504/month
$1,317/month
Two Bedroom
$1,484/month
$2,033/month
Three Bedroom
$1,773/month
$3,065/month
Nearby City Rent Trends
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Property Management Companies in Salem, OR
Norris & Stevens, Inc.
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42
Communities
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4,200
Units
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18
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16 Communities in Salem
SMI Property Management
-
21
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1,434
Units
-
7
Cities
15 Communities in Salem
Valley First Property Management, LLC
-
10
Communities
-
474
Units
-
2
Cities
9 Communities in Salem
Place2B
-
10
Communities
-
728
Units
-
4
Cities
6 Communities in Salem
SVN International Corp
-
69
Communities
-
3,566
Units
-
30
Cities
5 Communities in Salem
MDI
-
11
Communities
-
1,564
Units
-
5
Cities
5 Communities in Salem
Affinity Property Management
-
47
Communities
-
5,986
Units
-
21
Cities
4 Communities in Salem
Commercial & Residential Management Group
-
28
Communities
-
2,668
Units
-
11
Cities
4 Communities in Salem
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Methodology
† 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 February 2026.
* Percentages may not total 100 due to rounding.