Cheap Apartments for Rent in Salem, IN
3 rentals
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Apartments For Rent Near Salem, IN
We found 30 more apartments matching your filters just outside Salem
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PET FRIENDLY
PET FRIENDLY
NEW - 2 DAYS AGOINCOME RESTRICTED
PET FRIENDLY$739 - $1,425/mo
1-3 Beds
1-2 BathsKnobs Pointe Apartments | 2702 Paoli Pike #996199,
New Albany, IN 47150
$741 - $899/mo2 Beds1 BathC3 - 2412 W. Muhammad Ali | 2412 W Muhammad Ali Blvd #4,
Louisville, KY 40212
PET FRIENDLY- PET FRIENDLY
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,200 |
| Aug 2025 | $900 |
| 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 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $595 | $995 | — | — | $995 |
| Apartments and Condos | $595 | $995 | — | — | $995 |
Frequently Asked Questions about Rentals in Salem, IN
- What is the average rent of an apartment in Salem, IN?The average rent of an apartment in Salem, IN is $995 per month. This is about 48% lower than the national average.
- When is the average rent cheapest in Salem, IN?In the last year, the average rent in Salem, IN was lowest in 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.
- How many available rental listings are in Salem, IN?There are 3 available rental listings in Salem, IN.
- 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.