Cheap Apartments for Rent in Salem, IN

1 rentals

  • 100 Walnut Tree Dr #D, Salem, IN 47167
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    NEW - 1 DAY AGO
    APPLY INSTANTLY
    PET FRIENDLY
    $925/mo
    2 Beds
    1 Bath
    900 sqft
    100 Walnut Tree Dr #D,
    Salem, IN 47167

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Apartments For Rent Near Salem, IN

We found 30 more apartments matching your filters just outside Salem

Average Rent Trends in Salem, IN

Rent in Salem, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Sep 2025$900
Oct 2025$900
Nov 2025$1,200
Dec 2025$1,100
Jan 2026$1,100
Feb 2026$1,100
Mar 2026$950
Apr 2026$895
May 2026$850
Jun 2026$995
Jul 2026$1,150
Aug 2026$1,017
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See more information about local market trends in Salem, IN

Frequently Asked Questions about Rentals in Salem, IN

  • What are the cheapest months to find an apartment to rent in Salem, IN?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $895 per month.
  • When is the average rent most expensive in Salem, IN?
    In the last year, the average rent in Salem, IN was highest in May 2025 when it was $1,200 per month.
  • What are some neighborhoods in Salem, IN?
    Some neighborhoods in Salem, IN include: Canton.
  • What are some zip codes in Salem, IN?
    Salem, IN includes zip codes such as: 47167.
  • What are some cities near Salem, IN?
    Some nearby cities include: New Pekin, Livonia, Campbellsburg, Little York, Fredericksburg. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Salem, IN - 742 Rentas | Trulia