Property Prices in Salem, OR, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.06 |
| Mortgage as Percentage of Income: | 35.08% |
| Loan Affordability Index: | 2.85 |
| Price to Rent Ratio - City Centre: | 9.66 |
| Price to Rent Ratio - Outside of Centre: | 11.03 |
| Gross Rental Yield (City Centre): | 10.35% |
| Gross Rental Yield (Outside of Centre): | 9.07% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $1,564.29 | |
| 1 Bedroom Apartment Outside of City Centre | $1,376.67 | |
| 3 Bedroom Apartment in City Centre | $2,308.00 | |
| 3 Bedroom Apartment Outside of City Centre | $2,025.00 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | $281.47 | |
| Price per Square Feet to Buy Apartment Outside of Centre | $282.47 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | $3,739.00 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.07 | |
These data are based on 71 entries from 16 contributors over the past 18 months.
Last update: 4 May 2026
Sources and References
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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