The objective of this study was to evaluate the growth of forest species under conditions of salinity and water deficit. The experimental design was completely randomized in a triple factorial scheme with four forest species (Neem - Azadirachta indica A. Juss, ‘Aroeira’ - Myracrodruon urundeuva Fr Allemão, ‘Ipê’ - Tabebuia impetiginosa (Mart. ex. DC.) Standl and ‘Sabiá’ - Mimosa caesalpiniifoliaBenth), two salinity levels (1.2 and 8.6 dS m-1) and two water regimes (with and without water restriction). Plant height, stem diameter, number of leaves, shoot dry matter, root dry matter and total dry matter were measured. For all the studied variables, there was statistical significance for the factors species (A) and salinity (B), individually. However, water deficit (Factor C) and the interaction among factors (A x B x C) did not cause any statistical effect. The 50% reduction in water replacement for the four species studied was not enough to cause significant damage to plant growth, with a mean reduction in dry matter production lower than 10%. It was observed that the tolerance index found varied according to the imposition of the stresses, being caused mainly by salinity. Based on shoot dry matter production, the species Neem behaved as moderately tolerant, while the other species were moderately sensitive to salinity. The applied water deficit was not enough to intensify the effects of the salt stress under the conditions of the present study.