Salem, SD rental market

What is the average rent in Salem, SD?

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Last updated January 18, 2026

Rental market summary

The average rent for all bedrooms and all property types in Salem, SD is $489.

Average rent

$489

Month-over-month change

-$136

Year-over-year change

$0

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $438 to $625.

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Rent frequencies
Rent priceNumber of rental properties
$01
$600+1

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$489$625
Feb$489No data
Mar$600No data
Apr$489No data
May$489No data
Jun$489No data
Jul$489No data
Aug$625No data
Sep$625No data
Oct$625No data
Nov$625No data
Dec$625No data

Market temperature

The Salem, SD rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Salem, SD is 75% lower than the national average.

Salem, SDvs.

$489

$1,995

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Rent trends near Salem, SD

Frequently asked questions

1. What is the average rent in Salem, SD?

The average rent in Salem, SD is $489.

2. What is the average rent for a one-bedroom apartment in Salem, SD?

The average rent for a one-bedroom apartment in Salem, SD is $438 per month.

3. What is the average rent for a two-bedroom apartment in Salem, SD?

The average rent for a two-bedroom apartment in Salem, SD is $540 per month.

4. How much does it cost to rent a house in Salem, SD?

Houses in Salem, SD rent between $438 - $625 with an average rent of $489.

5. How has the rent in Salem, SD changed in the last year?

In the last year, the rent in Salem, SD did not change.

6. How much has the rent in Salem, SD increased/decreased in the last month?

In the last month, the rent in Salem, SD decreased by $136

7. How many available rentals are there in Salem, SD?

There are currently 2 rentals available in Salem, SD.

8. How do rent prices in Salem, SD compare with the national average?

The average rent in Salem, SD is $489 — 75.49% lower the national average of $1,995.

Nearby areas

Zip codes in Salem, SD