Cheap Apartments for Rent in Salem, IN

1 rentals

  • 100 Walnut Tree Dr #1A, Salem, IN 47167
    Use arrow keys to navigate
    APPLY INSTANTLY
    PET FRIENDLY
    $950/mo
    2 Beds
    1 Bath
    900 sqft
    100 Walnut Tree Dr #1A,
    Salem, IN 47167

  • Save Search in Salem, IN

    Salem
    Get emails when new homes match this search

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 Nov 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
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
Oct 2026$1,200
Nov 2026$900
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types—$900——$900
Apartments and Condos—$900——$900
Houses—$1,100——$850
See more information about local market trends in Salem, IN
View this page in Spanish: Apartamentos baratos en renta en Salem, IN - 764 Rentas | Trulia