Market Summary

Salem, Marion County, OR

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Median Home Price Price

$426,052 $426.1K

Median Monthly Rent Rent

$1,598 $1.6K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Marion County

Region Price Rent GRM Display
Woodburn
$416,207 $1,694 20.0x
Hayesville
$404,996 $1,557 22.0x
Keizer
$441,444 $1,629 23.0x
Donald
$464,027 $1,917 20.0x
Aumsville
$480,856 $2,056 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OR outside of Marion County

Region Price Rent GRM Display
Saint Helens, Columbia County, OR
$419,612 $1,631 21.0x
Ashland, Jackson County, OR
$528,426 $1,584 28.0x
Molalla, Clackamas County, OR
$483,657 $1,892 21.0x
Eugene, Lane County, OR
$460,959 $1,579 24.0x
Medford, Jackson County, OR
$395,238 $1,573 21.0x
McMinnville, Yamhill County, OR
$481,710 $1,598 25.0x
White City, Jackson County, OR
$345,466 $1,396 21.0x
Newberg, Yamhill County, OR
$520,484 $1,976 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OR

Region Price Rent GRM Display
Carver, Carver County, MN
$481,149 $1,600 25.0x
Friant, Madera County, CA
$632,421 $1,606 33.0x
Deer Park, Harris County, TX
$274,926 $1,563 15.0x
Pegram, Cheatham County, TN
$432,482 $1,531 24.0x
Jersey Village, Harris County, TX
$382,023 $1,575 20.0x
Cambridge, Isanti County, MN
$312,671 $1,543 17.0x
Whitsett, Guilford County, NC
$316,469 $1,547 17.0x
White House, Robertson County, TN
$382,979 $1,687 19.0x
Amarillo, Randall County, TX
$197,357 $1,197 14.0x
Kingston Springs, Cheatham County, TN
$458,730 $1,645 23.0x
Evans, Weld County, CO
$390,912 $1,758 19.0x
Boiling Spring Lakes, Brunswick County, NC
$308,961 $1,497 17.0x
Hurricane, Washington County, UT
$499,269 $1,639 25.0x
Montgomery, Montgomery County, TX
$391,926 $1,660 20.0x
Plainfield, Hendricks County, IN
$323,575 $1,739 15.0x
Seabrook, Chambers County, TX
$343,948 $1,657 17.0x
Avon, Hendricks County, IN
$344,964 $1,675 17.0x
Canyon, Randall County, TX
$284,484 $1,161 20.0x
Smyrna, Rutherford County, TN
$397,726 $1,665 20.0x
Arlington, Shelby County, TN
$408,932 $2,028 17.0x
Mount Holly, Gaston County, NC
$350,101 $1,430 20.0x
Edmond, Oklahoma County, OK
$346,831 $1,688 17.0x
Greenwood, Johnson County, IN
$316,909 $1,491 18.0x
Kempner, Burnet County, TX
$356,462 $1,574 19.0x
Burlington, Des Moines County, IA
$119,934 $1,052 9.0x
Madison, Limestone County, AL
$366,030 $1,709 18.0x
Greenfield, Hancock County, IN
$274,657 $1,357 17.0x
Collierville, Shelby County, TN
$505,282 $1,876 22.0x
Akron, Summit County, OH
$130,805 $1,181 9.0x
Salida, Chaffee County, CO
$689,695 $1,683 34.0x
Atascocita, Harris County, TX
$310,355 $1,560 17.0x
Brownsburg, Hendricks County, IN
$347,697 $1,710 17.0x
Heber, Navajo County, AZ
$380,939 $1,579 20.0x
White Bluff, Dickson County, TN
$332,079 $1,150 24.0x
Kingwood, Preston County, WV
$77,272 $845 8.0x
Baytown, Harris County, TX
$241,876 $1,589 13.0x
Granite City, Madison County, IL
$107,015 $1,109 8.0x
Rockwall, Rockwall County, TX
$466,632 $2,222 18.0x
Dayton, Montgomery County, OH
$130,251 $1,246 9.0x
Shelton, Mason County, WA
$414,170 $1,535 22.0x
New Haven, Mason County, WV
$123,607 $715 14.0x
Franktown, Douglas County, CO
$1,018,250 $1,644 52.0x

Home prices

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Monthly rent

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GRM

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Salem

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Trend Insights

Median Rent in Salem, OR is $1,598, with MoM change +$10 and YoY change +$45 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Salem, OR.

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Metric
Base market Salem, OR
Compare market Select a market
Delta vs base
Median rent
$1,598
N/A
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Median price
$426,052
N/A
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YoY change
+$45
N/A
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Price-to-rent
22.2x
Data unavailable
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