Salem SD Apartments

2 rentals

Apartments For Rent Near Salem, SD

We found 1 more apartment matching your filters just outside Salem

Average Rent Trends in Salem, SD

Rent in Salem, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$557
Jul 2025$557
Aug 2025$557
Sep 2025$557
Oct 2025$557
Nov 2025$557
Dec 2025$557
Jan 2026$557
Feb 2026$557
Mar 2026$633
Apr 2026$633
May 2026$630
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$625$715——$703
Townhomes—$1,299——$1,299
See more information about local market trends in Salem, SD

Frequently Asked Questions about Apartments and Condos for rent in Salem, SD

  • What is the average rent of an apartment in Salem, SD?
    The average rent of an apartment in Salem, SD is $626 per month. This is about 68% lower than the national average.
  • When is the average rent cheapest in Salem, SD?
    In the last year, the average rent in Salem, SD was lowest in Jan 2025 when it was $545 per month.
  • When is the average rent most expensive in Salem, SD?
    In the last year, the average rent in Salem, SD was highest in Jun 2025 when it was $557 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Salem, SD?
    The average rent of a 1 bedroom apartment in Salem, SD is $625 per month. That is about $25 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Salem, SD?
    There are 2 available apartments or condos to rent in Salem, SD.
  • What are some zip codes in Salem, SD?
    Salem, SD includes zip codes such as: 57058.
  • What are some cities near Salem, SD?
    Some nearby cities include: Montrose, Spencer, Canova, Canistota, Farmer. These cities may have more rental options to explore.