What's the average rent in Salem, SD?
Rental Market Trends in Salem, SD
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Salem, SD is $703 per month, which is 63% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$703
10.9%$69 increase month-over-month
43.7%$214 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $625 |
| 2 Bedrooms | $715 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $703 |
As of May 2026, the average rent for a 1 bedroom rental in Salem, SD is $625 per month, followed by $715 for a 2 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,299 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,299 |
As of May 2026, the average rent for a 2 bedroom townhome in Salem, SD is $1,299 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +44% compared to the previous year, which is a +$214 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $600 to $1,299.
