Most Affordable Neighborhoods in Salem, OR
Some of the cheapest neighborhoods in Salem are Northgate, Morningside, and Northeast Neighbors. These neighborhoods offer some of the lowest rent prices in Salem, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Salem is $1,187, which is 0.6% 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.
Northgate
Average Rent
$1,104/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
36/100
Units Available
11 Rentals
Northgate is an affordable neighborhood in Salem with an average rent price of $1,104. Compare this to the city average of $1,187. In the past year, rent prices have decreased by 4.3%. Northgate provides easy access to A.C. Gilbert's Discovery Village, Keizer Rapids Park, and Chemeketa C.C., Salem Campus. It’s a car-dependent neighborhood with a WalkScore® of 46.
Morningside
Average Rent
$1,155/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
32/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Salem, Morningside might be the perfect place! It has an average rent price of $1,155, while the city’s average stands at $1,187. In the last year, prices have decreased by 1.1%. Morningside is near Cascade Gateway Park, Bush's Pasture Park, and Willamette University.
Northeast Neighbors
Average Rent
$1,182/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
44/100
Units Available
11 Rentals
Northeast Neighbors is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Neighbors is $1,182 while the city average is $1,187. This is a 1% difference from last year. Residents enjoy convenient access to Bush's Pasture Park, Western Oregon University, and Salem Center. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Northeast Salem
Average Rent
$1,208/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
31/100
Units Available
10 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Northeast Salem. The average rent is $1,208, compared to the city average of $1,187. Rent prices have increased by 0.8%. Northeast Salem is convenient to Chemeketa C.C., Yamhill Valley, State Street Crossing, and Chemeketa Community College Planetarium. The community is somewhat walkable with a WalkScore® of 62.
South Gateway
Average Rent
$1,239/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
31/100
Units Available
10 Rentals
South Gateway is an affordable neighborhood in Salem with an average rent price of $1,239. Compare this to the city average of $1,187. In the past year, rent prices have increased by 2.7%. South Gateway provides easy access to Eola Bend Park, Wiltsey Crossing, and Willamette University. It’s a somewhat walkable neighborhood with a WalkScore® of 55.
North Lancaster
Average Rent
$1,252/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
41/100
Units Available
17 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 $1,252, while the city’s average stands at $1,187. In the last year, prices have increased by 1.1%. North Lancaster is near Lancaster Promenade, Western Oregon University, and Cascade Gateway Park.
Hayesville
Average Rent
$1,354/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
38/100
Units Available
59 Rentals
Hayesville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hayesville is $1,354 while the city average is $1,187. This is a 0.1% difference from last year. Residents enjoy convenient access to Pioneer Square II, Chemeketa Community College Planetarium, and Bush's Pasture Park. The neighborhood is considered somewhat walkable with a WalkScore® of 60.
Four Corners
Average Rent
$1,362/Month
Year-Over-Year Rent Change
5%
TransitScore® Rating
5/100
Units Available
10 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Four Corners. The average rent is $1,362, compared to the city average of $1,187. Rent prices have decreased by 5%. Four Corners is convenient to Triangle Center, A.C. Gilbert's Discovery Village, and Lancaster Marketplace. The community is somewhat walkable with a WalkScore® of 63.
East Lancaster
Average Rent
$1,391/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
18/100
Units Available
23 Rentals
East Lancaster is an affordable neighborhood in Salem with an average rent price of $1,391. Compare this to the city average of $1,187. In the past year, rent prices have increased by 2.5%. East Lancaster provides easy access to Chemeketa Community College Planetarium, Straub Environmental Learning Center, and Lancaster Center East. It’s a walkable neighborhood with a WalkScore® of 70.
South Central
Average Rent
$1,419/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
37/100
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Salem, South Central might be the perfect place! It has an average rent price of $1,419, while the city’s average stands at $1,187. In the last year, prices have increased by 1%. South Central is near Chemeketa C.C., Yamhill Valley, A.C. Gilbert's Discovery Village, and Century Square.
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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.