Cheap Apartments for Rent in 97303
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- $1,100 - $1,275/mo2 Beds1 BathGarland Way Apartments | 180 Garland Way N #bfd325540,
Salem, OR 97303 - $1,249 - $1,250/mo2 Beds1 BathCarlton Square Apartments | 298 Triple Tree Cir N #116-264,
Salem, OR 97303 - $1,299 - $1,525/mo2-3 Beds1-2 Baths#270 WINDSOR ISLAND ESTATES | 1063 Koala St N #270-1024,
Salem, OR 97303 - $1,325 - $1,825/mo1-3 Beds1-2 BathsMcNary Heights Apartments | 892 Foothill Ct NE #800106,
Salem, OR 97303 - $1,350 - $1,450/mo1-2 Beds1-2 BathsHawk's Point Apartments | 1124 McGee Ct NE #1154-102,
Salem, OR 97303 - $1,375 - $1,895/mo2-3 Beds1 BathOrchard Court apartments | 1102 Orchard Ct N #d0e8edaa2,
Salem, OR 97303 - $1,379 - $2,400/mo1-3 Beds1-2 BathsCherry City Crossing-Premier Community in Keizer, Oregon | 3960 Cherry Ave NE #3930-205,
Salem, OR 97303 Save Search in 97303
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Average Rent Trends in 97303
Rent in 97303 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,572 |
| Aug 2025 | $1,495 |
| Sep 2025 | $1,617 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,585 |
| Dec 2025 | $1,581 |
| Jan 2026 | $1,695 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,635 |
| Apr 2026 | $1,635 |
| May 2026 | $1,551 |
| Jun 2026 | $1,525 |
Average Rent By Bedroom and Home Type
In June 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 | $1,195 | $1,495 | $2,250 | $2,900 | $1,510 |
| Townhomes | — | $1,890 | $2,235 | — | $2,235 |
| Apartments and Condos | $1,025 | $1,495 | $2,350 | — | $1,495 |
| Houses | — | $1,700 | $2,425 | $2,900 | $2,425 |
Frequently Asked Questions about Rentals in 97303
- What is the average rent of an apartment in 97303?The average rent of an apartment in 97303 is $1,474 per month. This is about 24% lower than the national average.
- What is the average rent of a house in 97303?The average rent of a house in 97303 is $2,425 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in 97303?The average rent of a townhome in 97303 is $2,235 per month. This is about 15% higher than the national average.
- When is the average rent cheapest in 97303?In the last year, the average rent in 97303 was lowest in Apr 2025 when it was $1,438 per month.
- When is the average rent most expensive in 97303?In the last year, the average rent in 97303 was highest in Sep 2025 when it was $1,617 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97303?The average rent of a 1 bedroom apartment in 97303 is $1,195 per month. That is about $245 more than the cost of a studio apartment.
- How many available rental listings are in 97303?There are 85 available rental listings in 97303.
- What are some cities near 97303?