Most Affordable Neighborhoods in Salem, OR
Some of the cheapest neighborhoods in Salem are Northgate, Northeast Neighbors, and North Lancaster. These neighborhoods offer some of the lowest rent prices in Salem, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Salem is $1,193, which is 0.5% 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
$1,040/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
36/100
Units Available
11 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Northgate. The average rent is $1,040, compared to the city average of $1,193. Rent prices have decreased by 2.5%. Northgate is convenient to Willamette University, Chemeketa C.C., Yamhill Valley, and Keizer Rapids Park. The community is car-dependent with a WalkScore® of 46.
Northeast Neighbors
Average Rent
$1,110/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
44/100
Units Available
13 Rentals
Northeast Neighbors is an affordable neighborhood in Salem with an average rent price of $1,110. Compare this to the city average of $1,193. In the past year, rent prices have increased by 0.6%. Northeast Neighbors provides easy access to Willamette University, A.C. Gilbert's Discovery Village, and Chemeketa C.C., Salem Campus. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
North Lancaster
Average Rent
$1,230/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
41/100
Units Available
11 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 $1,193. In the last year, prices have decreased by 3.4%. North Lancaster is near Chemeketa C.C., Yamhill Valley, Cascade Gateway Park, and Straub Environmental Learning Center.
South Salem
Average Rent
$1,232/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
27/100
Units Available
13 Rentals
South Salem is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Salem is $1,232 while the city average is $1,193. This is a 1.4% difference from last year. Residents enjoy convenient access to Straub Environmental Learning Center, Western Oregon University, and Commercial Fairview. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Morningside
Average Rent
$1,240/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
32/100
Units Available
26 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Morningside. The average rent is $1,240, compared to the city average of $1,193. Rent prices have increased by 0.8%. Morningside is convenient to Pringle Creek Community, Western Oregon University, and Eola Bend Park. The community is somewhat walkable with a WalkScore® of 61.
Northeast Salem
Average Rent
$1,263/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
31/100
Units Available
23 Rentals
Northeast Salem is an affordable neighborhood in Salem with an average rent price of $1,263. Compare this to the city average of $1,193. In the past year, rent prices have increased by 0.1%. Northeast Salem provides easy access to Lancaster Place, Chemeketa C.C., Yamhill Valley, and Chemeketa C.C., Salem Campus. It’s a somewhat walkable neighborhood with a WalkScore® of 62.
Hayesville
Average Rent
$1,318/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
38/100
Units Available
36 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 $1,318, while the city’s average stands at $1,193. In the last year, prices have decreased by 0.8%. Hayesville is near Straub Environmental Learning Center, Roth's Hayesville Center, and Chemeketa Community College Planetarium.
South Gateway
Average Rent
$1,359/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
31/100
Units Available
23 Rentals
South Gateway is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Gateway is $1,359 while the city average is $1,193. This is a 1.5% difference from last year. Residents enjoy convenient access to Joryville Park, Cascade Gateway Park, and Linn-Benton Community College. The neighborhood is considered somewhat walkable with a WalkScore® of 55.
Four Corners
Average Rent
$1,373/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
5/100
Units Available
21 Rentals
When you’re looking for a great Salem neighborhood on a budget, check out Four Corners. The average rent is $1,373, compared to the city average of $1,193. Rent prices have increased by 0.6%. Four Corners is convenient to Rickey Street Plaza, Cascade Gateway Park, and Willamette University. The community is somewhat walkable with a WalkScore® of 63.
Sunrise Pointe
Average Rent
$1,381/Month
Units Available
14 Rentals
Sunrise Pointe is an affordable neighborhood in Salem with an average rent price of $1,381. Compare this to the city average of $1,193. Sunrise Pointe provides easy access to Chemeketa C.C., Salem Campus, Western Oregon University, and Cascade Gateway Park.
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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.