Cheap Apartments for Rent in 97304
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Use arrow keys to navigatePET FRIENDLY$1,125 - $1,295/mo
1-2 Beds
1 BathRiverbend Terrace Apartments | 1485 Brush College Rd NW,
Salem, OR 97304
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PET FRIENDLYTotal price$1,494 - $1,792/mo1-2 Beds1-2 BathsOrchard Ridge Apartments | 1961 Linwood St NW,
Salem, OR 97304
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Average Rent Trends in 97304
Rent in 97304 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,724 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,775 |
| Jan 2026 | $1,770 |
| Feb 2026 | $1,725 |
| Mar 2026 | $1,725 |
| Apr 2026 | $1,650 |
| May 2026 | $1,555 |
| Jun 2026 | $1,725 |
| Jul 2026 | $1,795 |
| Aug 2026 | $1,725 |
| Sep 2026 | $1,725 |
Average Rent By Bedroom and Home Type
In September 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 | $1,200 | $1,515 | $2,300 | $2,800 | $1,725 |
| Townhomes | — | $2,300 | $2,095 | — | $2,300 |
| Apartments and Condos | $1,200 | $1,160 | $1,295 | — | $1,200 |
| Houses | $995 | $1,695 | $2,400 | $2,800 | $2,450 |
Frequently Asked Questions about Rentals in 97304
- What is the average rent of an apartment in 97304?The average rent of an apartment in 97304 is $1,268 per month. This is about 35% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97304?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $1,300 per month.
- How many cheap apartments are available in 97304?There are 31 apartments to rent that are cheaper than the city’s average rent of $1,725.
- When is the average rent most expensive in 97304?In the last year, the average rent in 97304 was highest in Dec 2025 when it was $1,775 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97304?The average rent of a 1 bedroom apartment in 97304 is $1,200 per month. That is about $200 more than the cost of a studio apartment.
- What are some cities near 97304?
View this page in Spanish: Apartamentos baratos en renta en 97304 - 143 Rentas | Trulia