Rent growth slowing in Salem as more apartments open
Average apartment rents in Salem grew only slightly last year after a decade of steep increases, in part thanks to hundreds more units being built locally.
That’s according to data presented Tuesday at an annual economic forum hosted by SVN Commercial Advisors.
The gathering drew hundreds of business and government leaders to the Salem Convention Center for a fast-paced overview of the Salem area’s economic climate, including segments on office, retail, industrial, housing and agriculture.
