Rent in Salem, NJ
A 2-bedroom in Salem, NJ (ZIP 08079) typically rents for about $1,228 a month, with a range of $996–$1,460. Owner-occupied homes in Salem County pay about 2.93% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $987 | $843–$1,130 | 1 |
| 1 bed | $1,117 | $1,013–$1,220 | 1 |
| 2 beds | $1,228 | $996–$1,460 | 1 |
| 3 beds | $1,640 | $1,540–$1,740 | 1 |
| 4 beds | $1,665 | $1,410–$1,920 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).
Salem ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Salem, NJ?
- About $1,228 a month: the median of the typical rents in 1 ZIP code, which range from $996–$1,460. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Salem, NJ?
- About $1,117 a month: the median of the typical rents in 1 ZIP code, which range from $1,013–$1,220. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Salem, NJ?
- About $1,640 a month: the median of the typical rents in 1 ZIP code, which range from $1,540–$1,740. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Salem, NJ?
- About $987 a month: the median of the typical rents in 1 ZIP code, which range from $843–$1,130. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Salem, NJ?
- About $1,665 a month: the median of the typical rents in 1 ZIP code, which range from $1,410–$1,920. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Salem, NJ?
- Owner-occupied homes in Salem County pay a typical 2.93% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Salem rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).