Cheap Apartments for Rent in 97301
198 rentals
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- $975 - $1,050/mo1 Bed1 BathCharming Multi-Unit Living in Prime Northeast Salem Location | 365 16th St SE #6,
Salem, OR 97301 - $999 - $1,150/mo1-2 Beds1 BathEnjoy Half Off May's Rent in a Prime Location! | 2540 Broadway St NE #2510-50,
Salem, OR 97301 - Total price$1,025 - $1,790/moStudio-2 Beds1 BathKoz on State | 121 Commercial St SE #506,
Salem, OR 97301 Save Search in 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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,300 |
| Aug 2025 | $1,399 |
| Sep 2025 | $1,435 |
| 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 |
Average Rent By Bedroom and Home Type
In July 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 | $1,095 | $1,390 | $1,980 | $2,365 | $1,325 |
| Townhomes | — | $1,450 | $1,495 | — | $1,495 |
| Apartments and Condos | $1,095 | $1,295 | $1,900 | $3,000 | $1,245 |
| Houses | $1,095 | $1,650 | $2,350 | $2,365 | $2,225 |
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 $1,258 per month. This is about 36% lower than the national average.
- When is the average rent cheapest in 97301?In the last year, the average rent in 97301 was lowest in Apr 2025 when it was $1,277 per month.
- 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 $1,095 per month. That is about $53 less than the cost of a studio apartment.
- How many available rental listings are in 97301?There are 226 available rental listings in 97301.
- What are some cities near 97301?
View this page in Spanish: Apartamentos baratos en renta en 97301 - 376 Rentas | Trulia