Cheap Apartments for Rent in 97304
58 rentals
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Use arrow keys to navigatePET FRIENDLY$995 - $1,320/mo
Studio-2 Beds
1 BathRiverbend Terrace Apartments | 1485 Brush College Rd NW #12,
Salem, OR 97304
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PET FRIENDLY$1,325 - $1,400/mo2 Beds1 BathWALLACE PARK APARTMENTS (03) | 540 Wallace Rd NW #225,
Salem, OR 97304
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SPECIAL OFFERPET FRIENDLYTotal price$1,384 - $2,303/mo2-3 Beds2 BathsWillamette Park | 825 Harritt Dr NW #340,
Salem, OR 97304
PET FRIENDLYTotal price$1,468 - $2,128/mo1-3 Beds1-2 BathsOrchard Ridge Apartments | 1961 Linwood St NW #316,
Salem, OR 97304
PET FRIENDLY$1,495 - $1,795/mo1-2 Beds1-2 BathsAspen Grove Apartments | 1962 Wallace Rd NW #230,
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,320 |
| Aug 2025 | $1,575 |
| Sep 2025 | $1,673 |
| 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 | $1,573 |
| Jun 2026 | $1,725 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,225 | $1,717 | $2,300 | $3,000 | $1,795 |
| Townhomes | $1,520 | $2,300 | — | — | $2,300 |
| Apartments and Condos | $1,000 | $1,275 | $1,995 | $4,975 | $1,725 |
| Houses | $995 | $1,950 | $2,475 | $3,000 | $2,295 |
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 $1,411 per month. This is about 28% lower than the national average.
- When is the average rent cheapest in 97304?In the last year, the average rent in 97304 was lowest in May 2025 when it was $1,300 per month.
- 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 $1,225 per month. That is about $234 more than the cost of a studio apartment.
- How many available rental listings are in 97304?There are 58 available rental listings in 97304.
- What are some cities near 97304?
View this page in Spanish: Apartamentos baratos en renta en 97304 - 124 Rentas | Trulia