Salem, OR has a population of 163,654, while the median age is 35. The household income in Salem, OR is around $51,666. The homeownership rate among the residents is 53%. The median residential property value in Salem, OR that you should keep in mind is $201,900.
Population | 163,654 |
Median Age | 35.2 |
Poverty Rate | 16% |
Household Income | $51,666 |
Number Of Employees | 73,871 |
Median Property Value | $201,900 |
Rent Price | Dec | vs Last Month |
---|---|---|
1-bed apartments | $1,166 | -16.8% |
2-bed apartments | $1,629 | -7.2% |
3-bed apartments | $2,027 | -7.6% |
Over the Dec 2022, the average rent for an apartment in/near Salem, OR decreased by 97.1% to $1,531.
The average price for a rental studio in Salem, OR has remained the same as last month and equals $103,199. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 16.8% to $1,166. Pricing for 2-bed apartment also decreased by 7.2% and a place of this size will now cost you $1,629. 3-bed apartment rent pricing starts at $2,027, it decreased by 7.6% lately.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $1,620 | -97% |
Rooms for rent | $625 | -17.1% |
Houses for rent | $1,733 | +2% |
The median rent for an apartment in Salem, OR decreased by 97% to $1,620. Statistics show that house rent price increased by 2% this month making it up to $1,733. Condo for rent is now available for the same pricing as previously — $1,900. The median rent for a loft did not face significant changes this time, it now still goes for $91,530. An average room will now go for $625, the median rent price for a room decreased by 17.1%.