Rivenwood
424 Center St NE,
Salem, OR 97301
$1,298 - $2,299 | Studio - 2 Beds
Downtown Salem is the best of a big city with small-town charm. It has a booming art scene adjacent to one-of-a-kind restaurants. Salem might not have the typical wild and crazy nightlife, but you’ll love its vibrant bar scene.
When it comes to restaurant choices, residents have over 60 to choose from in their community. Locals look forward to pub food at McMenamins Boon’s Treasury, and it’s located in an historic former general store! Riverfront City Park is just a short walk from Downtown Salem apartments. In the summer months, outdoor movies are shown on the lawn and locals love the park’s carousel!
Wilson Park is another green space, near the Oregon State Capitol building just north of Willamette University. Coffeehouses are on almost every corner – though fitting, since coffee is culture in Oregon. If you’re looking for a new and exciting place to live in Salem – full of uniqueness and great shopping – Downtown Salem could work for you.
As of April 2025, the average apartment rent in Downtown Salem is $1,220 for a studio, $1,326 for one bedroom, $2,080 for two bedrooms, and $3,094 for three bedrooms. Apartment rent in Downtown Salem has increased by 0.5% in the past year.
Studio
334 sq ft
Average Sq Ft
$1,220/month
Average Rent
1 BR
569 sq ft
Average Sq Ft
$1,326/month
Average Rent
2 BR
999 sq ft
Average Sq Ft
$2,080/month
Average Rent
3 BR
1,528 sq ft
Average Sq Ft
$3,094/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.