The median home in Salem, Oregon is valued at $427,926, up 0.4% year over year. Typical monthly rent is $1,642, producing a price-to-rent ratio of 21.7x — well above the national average of 18x. Salem 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$427,926
+0.4%
Rent$1,642/mo
AFFORDABILITYRenting $968/mo cheaper ($1,642 rent)6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.
Enter your income for Salem.
$85,585 on $427,926
Out of reach — 41.8% of income
Need $111,857/yr to afford.
PITI$2,610
P/I41.8%
Afford$287K
Gap-$141K
P&I $2,164Tax $346Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Salem, OR analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Salem, OR metro.
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