Cheap Apartments for Rent in Salem, NJ
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$1,200 - $1,400/mo
2-3 Beds
1-2 Baths196-198 East Broadway | 196-198 E Broadway #11570876,
Salem, NJ 08079
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
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Average Rent Trends in Salem, NJ
Rent in Salem, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,470 |
| Jul 2025 | $1,550 |
| Aug 2025 | $1,550 |
| Sep 2025 | $1,494 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,550 |
| Dec 2025 | $1,550 |
| Jan 2026 | $1,600 |
| Feb 2026 | $1,600 |
| Mar 2026 | $1,550 |
| Apr 2026 | $1,600 |
| May 2026 | $1,500 |
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 | $1,050 | $1,400 | $1,700 | $2,000 | $1,500 |
| Townhomes | — | $1,399 | $1,645 | — | $1,645 |
| Apartments and Condos | $1,050 | $1,400 | $1,950 | $2,000 | $1,400 |
| Houses | — | $1,550 | $1,625 | $2,025 | $1,975 |
Frequently Asked Questions about Rentals in Salem, NJ
- What is the average rent of an apartment in Salem, NJ?The average rent of an apartment in Salem, NJ is $1,254 per month. This is about 35% lower than the national average.
- What is the average rent of a house in Salem, NJ?The average rent of a house in Salem, NJ is $1,975 per month. This is about 2% higher than the national average.
- What is the average rent of a townhome in Salem, NJ?The average rent of a townhome in Salem, NJ is $1,645 per month. This is about 15% lower than the national average.
- When is the average rent cheapest in Salem, NJ?In the last year, the average rent in Salem, NJ was lowest in Jan 2025 when it was $1,300 per month.
- When is the average rent most expensive in Salem, NJ?In the last year, the average rent in Salem, NJ was highest in Jul 2025 when it was $1,550 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Salem, NJ?The average rent of a 1 bedroom apartment in Salem, NJ is $1,050 per month. That is about $75 more than the cost of a studio apartment.
- How many available rental listings are in Salem, NJ?There are 47 available rental listings in Salem, NJ.
- What are some zip codes in Salem, NJ?Salem, NJ includes zip codes such as: 08079.
- What are some cities near Salem, NJ?Some nearby cities include: Hancocks Bridge, Quinton, Alloway, Pennsville, Port Penn. These cities may have more rental options to explore.