Luxury Apartments for Rent in Salem, SD

4 rentals

Apartments For Rent Near Salem, SD

We found 29 more apartments 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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Sep 2025$625
Oct 2025$625
Nov 2025$625
Dec 2025$625
Jan 2026$625
Feb 2026$489
Mar 2026$633
Apr 2026$633
May 2026$703
Jun 2026$690
Jul 2026$610
Aug 2026$600
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$600$540——$600
Townhomes—$1,299——$1,299
See more information about local market trends in Salem, SD

Frequently Asked Questions about Rentals in Salem, SD

  • What is the average rent of an apartment in Salem, SD?
    The average rent of an apartment in Salem, SD is $600 per month. This is about 69% 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 $489 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 Aug 2025 when it was $625 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 $600 per month. That is about $0 more than the cost of a studio apartment.
  • How many available rental listings are in Salem, SD?
    There are 4 available rental listings in Salem, SD.
  • What are some neighborhoods in Salem, SD?
    Some neighborhoods in Salem, SD include: Golden View Colony.
  • 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.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de Salem, SD - 36 Rentas | Trulia