City

INDEPENDENCE, OR

Salem, OR

Median home value: $418K (+1.5% YoY). Rent: $1,862/mo. Price-to-rent: 18.7x. Part of Salem, OR.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Salem, OR metro page.

Home Value$418,233
+1.5%
Rent$1,862/mo
AFFORDABILITY

Enter your income for Independence.

$83,647 on $418,233
Out of reach — 39.1% of income

Need $104,743/yr to afford.

PITI$2,444
P/I39.1%
Afford$299K
Gap-$119K
P&I $2,006Tax $338Ins $100
Renting $582/mo cheaper ($1,862 rent)6.00% 30yr, 20% down, county tax + OR ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Independence Housing Market | CrashWatch