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Apartments in Salem

1 - 11 of 11 Results
1
$995 - 1,185
The Historic Blair Apartments
231 Chestnut St Salem, VA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
27
$1,215 - 1,385
The Riverwalk at Salem
1650 Lancing Dr Salem, VA
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
6
$1,049 - 1,149
The View at 777
777 Roanoke Blvd Salem, VA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
10
$1,180 - 2,965
The Crest Apartments
3.4
128 Rutledge Drive Salem, VA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Surface Parking
30
$2,550
707 Colorado St
Salem, VA
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
14
$1,620
539 Westminister Ln
Salem, VA
2 BR | Ask for Availability
Contact
House
1
$995
Yorkshire Place
805 Apperson Dr Salem, VA
2 BR | Jul. 18, 2025
Contact
Air Conditioning
Surface Parking
Storage
Disability Access
1
$900
510 Pennsylvania Ave
Salem, VA
1 BR | Available Now
Contact
1
$1,450
Fully Furnished - 17 South College Avenue - Charming Apartment
17 S College Ave Salem, VA
1 BR | Available Now
Contact
House
Dishwasher
1
$2,000
811 Montvue Road Salem Va 24153 - Private & Renovated
811 Montvue Rd Salem, VA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
22
$1,025
633-635 Moran Ave
Salem, VA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1 - 11 of 11 Results
  1. Home
  2. Roanoke, VA Area Apartments
  3. Salem

How much does it cost to rent an apartment in Salem?

Salem Apartments
Bed Type Average Rent Range
1BR $1,050 $900 - $1,450
2BR $1,220 $1,000 - $1,600
3BR $1,430 $1,390 - $2,000
Frequently Asked Questions

How many apartments are available in Salem, VA on Rentable.co?

Rentable.co has over 665 apartments available in Salem.

What is the average rent for a one-bedroom apartment in Salem, VA?

The average rent for a one-bedroom apartment in Salem is around $1,050 per month.

What is the average rent for a two-bedroom apartment in Salem, VA?

The average rent for a two-bedroom apartment in Salem is around $1,220 per month.

How expensive is it to rent an apartment in Salem, VA?

For a two-bedroom apartment in Salem, the average rent price is $1,220 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Salem, VA?

Based on average rent prices in Salem, to afford a one-bedroom apartment you would need an annual household income of $42,000 to live comfortably.

Search Cities Near Salem, VA

Roanoke, VA
Vinton, VA
Blacksburg, VA
Rocky Mount, VA
Christiansburg, VA

Salem:
June Rent Report

Welcome to the June 2025 Salem Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 key findings and figures for the Salem rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Salem and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Salem average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Salem Rent Prices Decrease From May to June

Salem rent prices decreased over the last month. From May to June, the city experienced a -2.44% decrease for the price of a one-bedroom apartment. The rent price for a Salem one-bedroom apartments currently stands at $1,079.0.

When we take a look at the two-bedroom comparison from May to June, Salem experienced a 0.24% increase for the price of a two-bedroom apartment. The rent price for a Salem two-bedroom apartments currently stands at $1,252.0.

June Prices: Salem vs. Surrounding Areas

Rent Prices in Salem and Surrounding Areas

Rent prices have decreased in Salem over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Salem suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Salem suburbs

  • Rents did not decrease in any of the Salem suburbs.

June 2025 Pricing Trends: Salem vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Salem Rent Prices More Affordable Than Major Cities

Rent growth in Salem over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Salem average rent prices appear to be relatively affordable for local residents.

The price for a Salem one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Salem and surrounding area rent prices, take a look at the complete data set below.

Data set for Salem and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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