Cheap Apartments for Rent in Salem, IL

3 rentals

Apartments For Rent Near Salem, IL

We found 30 more apartments matching your filters just outside Salem

Average Rent Trends in Salem, IL

Rent in Salem, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Dec 2025$1,100
Jan 2026$100
Feb 2026$100
Mar 2026$1,000
Apr 2026$1,230
May 2026$100
Jun 2026$1,175
Jul 2026$1,150
Aug 2026$1,050
Sep 2026$100
Oct 2026$100
Nov 2026$900
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$900$100——$900
Townhomes—$1,275——$1,275
Apartments and Condos$900———$900
See more information about local market trends in Salem, IL

Frequently Asked Questions about Rentals in Salem, IL

  • What is the average rent of an apartment in Salem, IL?
    The average rent of an apartment in Salem, IL is $500 per month. This is about 74% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Salem, IL?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $100 per month.
  • How many cheap apartments are available in Salem, IL?
    There are 2 apartments to rent that are cheaper than the city’s average rent of $900.
  • When is the average rent most expensive in Salem, IL?
    In the last year, the average rent in Salem, IL was highest in Jan 2025 when it was $1,500 per month.
  • What are some zip codes in Salem, IL?
    Salem, IL includes zip codes such as: 62881.
  • What are some cities near Salem, IL?
    Some nearby cities include: Odin, Alma, Kell, Iuka, Kinmundy. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Salem, IL - 33 Rentas | Trulia