Home values, rents and more in Salem, OR
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Salem in ProMap- Under $430k
- $430k–$450k
- $450k–$480k
- $480k–$540k
- $540k+
- No data
How Salem compares
The typical home in Salem, OR is worth about $432,000, according to the Zillow Home Value Index for September 2026. Home values in Salem are 3% below the typical value in the Salem metro area ($447,000) and 18% above the U.S. typical value ($366,000).
Over the past year, home values in Salem rose 0.3%, compared with +0.4% in the Salem metro area and +1.2% nationally.
Typical rent is $1,611 a month (Zillow Observed Rent Index), about the same as the Salem metro area ($1,646) and 17% below the U.S. ($1,932). Rents rose 0.3% over the past year.
The median household income is $75,487, against $78,900 in the Salem metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 178,865 people live in Salem (American Community Survey 2020–24).
Salem has the 5th-lowest typical home value of the 24 cities in the Salem metro area and the 118th-lowest of 252 in Oregon with Zillow figures.
Part of: Marion County, OR · Salem metro area · Oregon
More for Salem in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Salem, OR
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.