Cheap Apartments for Rent in 97301
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NEW - 18 HRS AGOSPECIAL OFFER$1,025 - $1,595/mo
Studio-2 Beds
1 Bath990 Broadway Apartment Homes | 990 Broadway St NE,
Salem, OR 97301
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PET FRIENDLY$1,050 - $1,195/mo2 Beds1 Bath3217-3299 Center Street Northeast | 3217-3299 Center St NE,
Salem, OR 97301
SPECIAL OFFERPET FRIENDLYTotal price$1,070 - $1,770/moStudio-2 Beds1 BathKoz on State | 121 Commercial St SE,
Salem, OR 97301
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Average Rent Trends in 97301
Rent in 97301 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,350 |
| Nov 2025 | $1,360 |
| Dec 2025 | $1,360 |
| Jan 2026 | $1,375 |
| Feb 2026 | $1,375 |
| Mar 2026 | $1,379 |
| Apr 2026 | $1,395 |
| May 2026 | $1,325 |
| Jun 2026 | $1,345 |
| Jul 2026 | $1,325 |
| Aug 2026 | $1,345 |
| Sep 2026 | $1,323 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,375 | $2,183 | $2,895 | $1,325 |
| Townhomes | — | $1,350 | $1,895 | — | $1,617 |
| Apartments and Condos | $1,131 | $1,350 | $1,950 | — | $1,251 |
| Houses | $860 | $1,795 | $2,295 | $2,895 | $2,195 |
Frequently Asked Questions about Rentals in 97301
- What is the average rent of an apartment in 97301?The average rent of an apartment in 97301 is $1,247 per month. This is about 36% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97301?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,277 per month.
- How many cheap apartments are available in 97301?There are 87 apartments to rent that are cheaper than the city’s average rent of $1,325.
- When is the average rent most expensive in 97301?In the last year, the average rent in 97301 was highest in Sep 2025 when it was $1,435 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97301?The average rent of a 1 bedroom apartment in 97301 is $1,100 per month. That is about $50 more than the cost of a studio apartment.
- What are some cities near 97301?
View this page in Spanish: Apartamentos baratos en renta en 97301 - 295 Rentas | Trulia