Cheap Apartments for Rent in 97306
73 rentals
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- $1,500 - $1,600/mo2 Beds1-2 BathsOverlook Pointe Apartments | 1543 Wiltsey Rd SE #210,
Salem, OR 97306 - $1,525 - $1,615/mo2 Beds1-2 BathsGateway Village Apartments | 1900 Madras St SE #2089,
Salem, OR 97306 - $1,550 - $1,899/mo2 Beds1-2 BathsLIBERTY CREST APARTMENTS | 1012-1036 Big Mountain Ave S #192-303,
Salem, OR 97306 - $1,550 - $1,800/mo2 Beds1-2 BathsVillage At Creekside Townhomes | 6660 Fairway Ave SE #6564,
Salem, OR 97306 - $1,550 - $1,750/mo2-3 Beds2 BathsRolling Hills Townhouses | 190 Boone Rd SE #5f20ace16,
Salem, OR 97306 - Total price$1,670 - $2,370/mo1-3 Beds1-2 BathsAnthony's Corner Lofts | 5775 Commercial St SE #322,
Salem, OR 97306 Save Search in 97306
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Average Rent Trends in 97306
Rent in 97306 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Apr 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,610 |
| Jun 2025 | $2,050 |
| Jul 2025 | $1,995 |
| Aug 2025 | $1,950 |
| Sep 2025 | $2,095 |
| Oct 2025 | $1,995 |
| Nov 2025 | $2,057 |
| Dec 2025 | $2,055 |
| Jan 2026 | $1,995 |
| Feb 2026 | $1,995 |
| Mar 2026 | $1,995 |
| Apr 2026 | $1,956 |
Average Rent By Bedroom and Home Type
In May 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 | $1,258 | $1,677 | $2,350 | $3,900 | $1,995 |
| Townhomes | — | $1,995 | $2,395 | — | $2,322 |
| Apartments and Condos | $1,095 | $1,695 | — | — | $1,695 |
| Houses | — | $1,850 | $2,495 | $3,900 | $2,495 |
Frequently Asked Questions about Rentals in 97306
- What is the average rent in 97306?The average rent in 97306 is $1,995. Rent prices range from $989 to as much as $3,800, depending on the type of rental.
- How does the rent in 97306 compare to the national average?Average rent in 97306 is about 4% higher than the national average rent of $1,910. That means it is more expensive to rent in 97306 compared to the U.S. average.
- What is the average rent in 97306, by number of bedrooms?The average rent in 97306 is $ for a studio, $1,350 for a 1 bedroom, $1,643 for a 2 bedroom, $2,319 for a 3 bedroom, and $3,500 for a 4 bedroom.
- How have rent prices in 97306 changed compared to last year?In the past year, the average rent price in 97306 has increased by $345. That means the average rent is 17% higher than last year.
- How many available rental listings are in 97306?There are 74 available rental listings in 97306.
- What are some cities near 97306?