Most Affordable Neighborhoods in Salem, OR
Some of the cheapest neighborhoods in Salem are East Lancaster, Northeast Neighbors, and Morningside. These neighborhoods offer some of the lowest rent prices in Salem, making them ideal for renters on a budget. As of September 13, 2025, the average rent in Salem is $1,185, which is 0.4% lower 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.
East Lancaster
Average Rent
$736/Month
Year-Over-Year Rent Change
28.2%
TransitScore® Rating
18/100
Units Available
29 Rentals
East Lancaster is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Lancaster is $736 while the city average is $1,185. This is a -28.2% difference from last year. Residents enjoy convenient access to Lancaster Place, Willamette University, and Lancaster Center East. The neighborhood is considered walkable with a WalkScore® of 70.
Northeast Neighbors
Average Rent
$1,178/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
44/100
Units Available
11 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Northeast Neighbors. The average rent is $1,178, compared to the city average of $1,185. Rent prices have increased by 1%. Northeast Neighbors is convenient to Roseland Center, Chemeketa C.C., Salem Campus, and Cascade Gateway Park. The community is somewhat walkable with a WalkScore® of 69.
Morningside
Average Rent
$1,206/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
32/100
Units Available
24 Rentals
Morningside is an affordable neighborhood in Salem with an average rent price of $1,206. Compare this to the city average of $1,185. In the past year, rent prices have increased by 1%. Morningside provides easy access to Chemeketa C.C., Salem Campus, Eola Bend Park, and Southgate Shopping Center. It’s a somewhat walkable neighborhood with a WalkScore® of 61.
North Lancaster
Average Rent
$1,230/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
41/100
Units Available
15 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 $1,230, while the city’s average stands at $1,185. In the last year, prices have decreased by 4.2%. North Lancaster is near Chemeketa C.C., Salem Campus, Willamette University, and SunnyLan Center.
Northeast Salem
Average Rent
$1,264/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
31/100
Units Available
25 Rentals
Northeast Salem is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Salem is $1,264 while the city average is $1,185. This is a 0.6% difference from last year. Residents enjoy convenient access to Chemeketa C.C., Salem Campus, Evergreen Plaza, and Straub Environmental Learning Center. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
South Gateway
Average Rent
$1,304/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
31/100
Units Available
16 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out South Gateway. The average rent is $1,304, compared to the city average of $1,185. Rent prices have increased by 1.9%. South Gateway is convenient to Bush's Pasture Park, Eola Bend Park, and Joryville Park. The community is somewhat walkable with a WalkScore® of 55.
Four Corners
Average Rent
$1,352/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
5/100
Units Available
20 Rentals
Four Corners is an affordable neighborhood in Salem with an average rent price of $1,352. Compare this to the city average of $1,185. In the past year, rent prices have decreased by 1.9%. Four Corners provides easy access to A.C. Gilbert's Discovery Village, Bush's Pasture Park, and Lancaster Marketplace. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Hayesville
Average Rent
$1,374/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
38/100
Units Available
41 Rentals
If you’re looking for a great, affordable neighborhood in Salem, Hayesville might be the perfect place! It has an average rent price of $1,374, while the city’s average stands at $1,185. In the last year, prices have decreased by 1.1%. Hayesville is near Willamette University, Chemeketa C.C., Salem Campus, and Chemeketa Community College Planetarium.
Southeast Salem
Average Rent
$1,411/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
33/100
Units Available
11 Rentals
Southeast Salem is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Salem is $1,411 while the city average is $1,185. This is a 1.1% difference from last year. Residents enjoy convenient access to Cascade Gateway Park, Straub Environmental Learning Center, and Pringle Creek Community. The neighborhood is considered car-dependent with a WalkScore® of 48.
West Salem
Average Rent
$1,413/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
37/100
Units Available
15 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out West Salem. The average rent is $1,413, compared to the city average of $1,185. Rent prices have decreased by 1.5%. West Salem is convenient to Minto Island Park, Chemeketa C.C., Yamhill Valley, and A.C. Gilbert's Discovery Village. The community is somewhat walkable with a WalkScore® of 57.
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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.