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Property Prices in Salem, OR, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.47 |
| Mortgage as Percentange of Income: | 26.46% |
| Loan Affordability Index: | 3.78 |
| Price to Rent Ratio - City Centre: | 9.56 |
| Price to Rent Ratio - Outside of Centre: | 10.44 |
| Gross Rental Yield (City Centre): | 10.47% |
| Gross Rental Yield (Outside of Centre): | 9.58% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 988.89 $ | |
| Apartment (1 bedroom) Outside of Centre | 800.89 $ | |
| Apartment (3 bedrooms) in City Centre | 1,616.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,278.89 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 183.62 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 160.92 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,675.61 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.57 |
These data are based on 73 entries in the past 18 months from 17 different contributors.
Last update: September 2019
Sources and References:
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