What's the average rent in Salem, NJ?
Rental Market Trends in Salem, NJ
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Salem, NJ is $1,525 per month, which is 20% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,525
-4.7%-$75 decrease month-over-month
1.7%$25 increase year-over-year
AVAILABLE RENTALS
38
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Salem, NJ at $1,142 per month, while houses are the most expensive at $1,850 per month. Townhomes average $1,645 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $2,025 |
| All | $1,525 |
As of May 2026, the average rent for a 1 bedroom rental in Salem, NJ is $1,100 per month, followed by $1,450 for a 2 bedroom rental, $1,700 for a 3 bedroom rental, and $2,025 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,645 |
| 4 Bedrooms | — |
| All | $1,645 |
As of May 2026, the average rent for a 2 bedroom townhome in Salem, NJ is $1,400 per month, followed by $1,645 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,067 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,000 |
| All | $1,250 |
As of May 2026, the average rent for a 1 bedroom apartment in Salem, NJ is $1,067 per month, followed by $1,250 for a 2 bedroom apartment, $1,980 for a 3 bedroom apartment, and $2,000 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $1,625 |
| 4 Bedrooms | $2,100 |
| All | $1,850 |
As of May 2026, the average rent for a 2 bedroom house in Salem, NJ is $1,550 per month, followed by $1,625 for a 3 bedroom house, and $2,100 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -2% compared to the previous year, which is a $25 decrease.
This year (2026)
Last year (2025)
Rent distribution
56% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $2,500.