What's the average rent in Salem, SD?
Rental Market Trends in Salem, SD
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Salem, SD is $600 per month, which is 69% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$600
-1.2%-$7 decrease month-over-month
-4.0%-$25 decrease year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $600 |
| 2 Bedrooms | $540 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $600 |
As of August 2026, the average rent for a 1 bedroom rental in Salem, SD is $600 per month, followed by $540 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 August 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 decreased by -4% compared to the previous year, which is a $25 decrease.
This year (2026)
Last year (2025)
Rent distribution
80% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $438 to $1,299.
