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States / Oregon / Salem

Salem, OR Housing

ACS 2020-2024

Median Home Value
$416,900 ± $6,183
Median Gross Rent
$1,400 ± $29/mo
Homeownership Rate
55.9%
Rent as Share of Income
22.3%
Price-to-Income Ratio
5.5×
Vacancy Rate
4.9%
Median Year Built
1980

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
778
Buildings
390
Single-Family Units
364
Multi-Family Units
414

Nearby Cities in Oregon

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Salem, OR Housing: Rent & Home Values | HomeDataUSA