Salem, IN Houses for Rent

/11
$1,195 Per Month
- 3 Beds
- 2 Baths
- House for Rent
100 Central Ave, Salem, IN 47167

Property Id: 2826511 Looking for Your Forever Home? Are you ready to enjoy modern, comfortable living in a welcoming community? This well-designed 3-bedroom, 2-bathroom home at Southway offers a great balance of space, style, and affordability. This 2026 14x66 home features a thoughtfully designed layout with modern finishes, a functional floor plan, and energy-efficient features

100 Central Ave, Salem, IN 47167
/13
$1,250 Per Month
- 3 Beds
- 2 Baths
- House for Rent
100 Central Ave, Salem, IN 47167

Property Id: 2826510 Looking for Your Forever Home? Are you ready to enjoy modern, comfortable living in a welcoming community? This well-designed 2-bedroom, 2-bathroom home at Southway offers a great balance of space, style, and affordability. Located at 102 Teresa, this 2026 MHE 14x70 home features a thoughtfully designed layout with modern finishes, a functional floor plan, and

100 Central Ave, Salem, IN 47167
/7
$1,150 Per Month
- 3 Beds
- 2 Baths
- House for Rent
100 Central Ave, Salem, IN 47167

Property Id: 2795586 Looking for Your Forever Home? Are you ready to enjoy modern, comfortable living in a welcoming community? This beautiful 3-bedroom, 2-bathroom home at Southway offers the perfect blend of space, style, and affordability. Located at 207 Hickory, this brand-new 2026 Champion 14x76 home features a spacious and thoughtfully designed layout with modern finishes,

100 Central Ave, Salem, IN 47167

Indiana Washington County

Frequently Asked Questions

How much does it cost to rent a single-family home in Salem, IN?

The median rent for a single-family home in Salem, IN is $850 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.

How much do you need to make to afford rent in Salem, IN?

To comfortably afford the median rent in Salem, IN, a household needs to earn roughly $34,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $850 per month in Salem, IN, renters typically need to show $2,550 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Salem, IN?

In Salem, IN, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

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