Salem, MA Rent History

110 months of data, 20172026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,742
1-year change
+5.2%
$135/mo
5-year change
+33.2%
$683/mo

Monthly rent trend

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Year-by-year rent in Salem

YearMedian rentYoY changevs 2017
2017$1,728/mo0.0%
2018$1,807/mo+4.6%+4.6%
2019$1,849/mo+2.3%+7.0%
2020$1,956/mo+5.8%+13.2%
2021$2,028/mo+3.7%+17.4%
2022$2,238/mo+10.4%+29.5%
2023$2,416/mo+8.0%+39.8%
2024$2,557/mo+5.8%+48.0%
2025$2,595/mo+1.5%+50.2%
2026$2,624/mo+1.1%+51.9%

Frequently asked questions

How much has rent in Salem changed since 2017?

Median rent in Salem, MA was $1,728 in 2017-05 and is $2,742 as of 2026-06 — a change of $1,014 per month over 9 years.

How much has Salem rent increased in the last 5 years?

Over the past 5 years, median rent in Salem, MA has changed +33.2% ($683 per month). The current median is $2,742.

Is rent in Salem going up or down year over year?

Year over year, median rent in Salem, MA has increased +5.2% ($135/mo). Current median: $2,742.

See full rent data for Salem, MA
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.