The median home in Independence, Oregon is valued at $418,233, up 1.5% year over year. Typical monthly rent is $1,862, producing a price-to-rent ratio of 18.7x — near the national average of 18x. Independence is part of the Salem, OR metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$418,233

+1.5%

Rent$1,862/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Independence.

Income (annual)

Down Payment

$83,647 on $418,233

Example: $75,000 household income. Change it above to see your own.

Out of reach40.8% of income

Need $109,414/yr to afford.

PITI$2,553

P/I40.8%

Afford$287K

Gap-$132K

P&I $2,115Tax $338Ins $100

Renting $691/mo cheaper ($1,862 rent)6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Oregon

Compare Independence with other housing markets across Oregon.

Powell Butte$986K Arch Cape$885K Raleigh Hills$882K Cannon Beach$871K Lake Oswego$853K Manzanita$803K Durham$779K Sisters$774K

Full Salem, OR analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Salem, OR metro.

View Salem, OR metro

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Independence, OR