Property Prices in Salem, OR, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.53 |
| Mortgage as Percentage of Income: | 32.14% |
| Loan Affordability Index: | 3.11 |
| Price to Rent Ratio - City Centre: | 8.51 |
| Price to Rent Ratio - Outside of Centre: | 10.93 |
| Gross Rental Yield (City Centre): | 11.75% |
| Gross Rental Yield (Outside of Centre): | 9.15% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,500.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,214.50 $ | |
| Apartment (3 bedrooms) in City Centre | 3,000.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,300.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 271.66 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 220.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,746.50 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 |
These data are based on 22 entries in the past 18 months from 6 different contributors.
Last update: September 2023
Sources and References
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Nearby cities:| Property Prices in Woodburn, Oregon | 19.24 miles |
| Property Prices in Albany, Oregon | 24.30 miles |
| Property Prices in Beaverton, Oregon | 44.09 miles |
| Property Prices in Portland, Oregon | 47.59 miles |
| Property Prices in Vancouver, Washington | 55.83 miles |
| Property Prices in Eugene, Oregon | 64.53 miles |
| Property Prices in Woodland, Washington | 75.72 miles |
| Property Prices in Kelso, Washington | 94.71 miles |
| Property Prices in Longview, Washington | 96.23 miles |
| Property Prices in Bend, Oregon | 131.13 miles |
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