Most Affordable Neighborhoods in Salem, OR
Some of the cheapest neighborhoods in Salem are Highland, Southeast Salem, and Northgate. These neighborhoods offer some of the lowest rent prices in Salem, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Salem is $1,168, which is 1.1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Highland
Average Rent
$1,048/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
39/100
Units Available
2 Rentals
Highland is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highland is $1,048 while the city average is $1,168. This is a 2.2% difference from last year. Residents enjoy convenient access to Straub Environmental Learning Center, Bush's Pasture Park, and Willamette University. The neighborhood is considered walkable with a WalkScore® of 71.
Southeast Salem
Average Rent
$1,097/Month
TransitScore® Rating
33/100
Units Available
3 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Southeast Salem. The average rent is $1,097, compared to the city average of $1,168. Rent prices have decreased by 0%. Southeast Salem is convenient to Straub Environmental Learning Center, Western Oregon University, and A.C. Gilbert's Discovery Village. The community is car-dependent with a WalkScore® of 48.
Northgate
Average Rent
$1,165/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
36/100
Units Available
5 Rentals
Northgate is an affordable neighborhood in Salem with an average rent price of $1,165. Compare this to the city average of $1,168. In the past year, rent prices have increased by 2.7%. Northgate provides easy access to Chemeketa Community College Planetarium, Chemewa Station, and Spong's Landing Park. It’s a car-dependent neighborhood with a WalkScore® of 46.
Northeast Neighbors
Average Rent
$1,176/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
44/100
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Salem, Northeast Neighbors might be the perfect place! It has an average rent price of $1,176, while the city’s average stands at $1,168. In the last year, prices have increased by 0.6%. Northeast Neighbors is near Cascade Gateway Park, Chemeketa Community College Planetarium, and Bush's Pasture Park.
Northeast Salem
Average Rent
$1,195/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
31/100
Units Available
16 Rentals
Northeast Salem is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Salem is $1,195 while the city average is $1,168. This is a 2% difference from last year. Residents enjoy convenient access to Cascade Gateway Park, Western Oregon University, and A.C. Gilbert's Discovery Village. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
Grant
Average Rent
$1,200/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
46/100
Units Available
1 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Grant. The average rent is $1,200, compared to the city average of $1,168. Rent prices have increased by 0.6%. Grant is convenient to Eola Bend Park, Salem Center, and Chemeketa C.C., Yamhill Valley. The community is walkable with a WalkScore® of 79.
Lansing
Average Rent
$1,200/Month
TransitScore® Rating
39/100
Units Available
1 Rentals
Lansing is an affordable neighborhood in Salem with an average rent price of $1,200. Compare this to the city average of $1,168. Lansing provides easy access to Willamette University, Village East Shopping Center, and Chemeketa Community College Planetarium. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
North Lancaster
Average Rent
$1,212/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
41/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Salem, North Lancaster might be the perfect place! It has an average rent price of $1,212, while the city’s average stands at $1,168. In the last year, prices have increased by 3.8%. North Lancaster is near Cascade Gateway Park, Western Oregon University, and Lancaster Promenade.
Morningside
Average Rent
$1,232/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
32/100
Units Available
10 Rentals
Morningside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Morningside is $1,232 while the city average is $1,168. This is a 1.2% difference from last year. Residents enjoy convenient access to Southgate Shopping Center, Willamette University, and Western Oregon University. The neighborhood is considered somewhat walkable with a WalkScore® of 61.
Hayesville
Average Rent
$1,315/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
38/100
Units Available
35 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Hayesville. The average rent is $1,315, compared to the city average of $1,168. Rent prices have increased by 2.5%. Hayesville is convenient to Keizer Rapids Park, Willamette University, and Oak Park Plaza. The community is somewhat walkable with a WalkScore® of 60.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.