Market Summary

West Salem, Polk County, OR

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Median Home Price Price

$471,058 $471.1K

Median Monthly Rent Rent

$1,615 $1.6K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within OR outside of Polk County

Region Price Rent GRM Display
$386,478 $1,575 20.0x
$516,902 $1,603 27.0x
$501,148 $1,905 22.0x
$456,502 $1,622 23.0x
$444,958 $1,710 22.0x
$548,405 $2,002 23.0x
$442,980 $1,661 22.0x
$499,463 $1,599 26.0x
$402,331 $1,583 21.0x

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
$625,829 $2,052 25.0x
$212,191 $1,218 14.0x
$236,611 $1,450 14.0x
$433,282 $1,834 20.0x
$321,717 $1,877 14.0x
$311,696 $1,609 16.0x
$459,253 $1,540 25.0x
$216,508 $1,318 14.0x
$458,859 $1,717 22.0x
$570,763 $2,028 23.0x
$460,259 $1,634 23.0x
$176,974 $1,154 13.0x
$381,357 $1,720 18.0x
$637,763 $2,339 23.0x
$146,562 $1,110 11.0x
$302,352 $1,596 16.0x
$426,700 $1,924 19.0x
$407,943 $1,396 24.0x
$261,308 $1,384 16.0x
$375,776 $1,577 20.0x
$205,637 $1,340 13.0x
$251,203 $1,892 11.0x
$487,888 $1,665 24.0x
$221,791 $1,219 15.0x
$565,196 $1,617 29.0x
$440,048 $1,547 24.0x

Home prices

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Monthly rent

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GRM

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West Salem

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Trend Insights

Median Rent in West Salem, OR is $1,615, with MoM change +$11 and YoY change +$51 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

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Metric
Base market West Salem, OR
Compare market Select a market
Delta vs base
Median rent
$1,615
N/A
Median price
$471,058
N/A
YoY change
+$51
N/A
Price-to-rent
24.3x
Data unavailable
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