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.
See the full metro analysis: Salem, OR stress score, crash risk, and 12-month forecast →
Home Value$418,233
+1.5%
Rent$1,862/mo
AFFORDABILITYRenting $691/mo cheaper ($1,862 rent)6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.
Enter your income for Independence.
$83,647 on $418,233
Out of reach — 40.8% of income
Need $109,414/yr to afford.
PITI$2,553
P/I40.8%
Afford$287K
Gap-$132K
P&I $2,115Tax $338Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Oregon
Compare Independence with other housing markets across Oregon.
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 →