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Salem, VA

A small city located in Virginia, Salem has just under 26,000 residents. Retirees make up a greater percentage of the population (19%) here than nationally (14%), while young professionals appear in smaller numbers. Renters tend to be in the minority in the city, and 66% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $922 per month. Over the course of a year, renters in Salem will save around $4,300 compared to the state average.

Salem has a relatively high concentration of residents over the age of 25 with an Associate's degree (7%) compared to the national average (5%). In addition, 12% possess a Bachelor's degree and 6% have a Master's or Doctoral degree. There are three primary industries in Salem: retail, healthcare, and education. Together, these industries account for 22% of the city's workforce. Meanwhile, looking at job function, 9% of the city's population works in sales, making it the top field in the city. With an average annual income of about $68,000, Salem workers earn around $20,000 less than their peers elsewhere in Virginia. Salem's average income also trails the national average of $73,345.

With an average commute time of about 21 minutes, shorter than most cities in the state, Salem residents are well aware that it isn't overly time-consuming to travel to work. Driving a car or truck is the typical means of commuting to work, chosen by 43% of commuters, while public transportation isn't extensively used. Relatively few residents (2%) walk to work, though the number surpasses the national average.

Average Rent in Salem

Studio1 Bed2 Bed3 Bed
Jan 20$750$815$915
Dec 19750825915
Nov 19650810902
Oct 19650810902
Sep 19750961980
Aug 19750892980
Jul 19750867960
Jun 19750835960
May 19750835980
Apr 19750810980
Mar 19750860980
Feb 19750860980
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Salem

Looking for a cheap Salem apartment?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $600, Under $700, Under $800, Under $900, Under $1000

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Do you need a pet-friendly Salem apartment?

If you have a dog or cat, you'll need to find an apartment in Salem that accepts pets. Apply Apartment Guide's pet friendly filter to see only Salem apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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