Salem, OR Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,611
1-year change
+0.3%
$5/mo
5-year change
+16.9%
$233/mo
10-year change
+62.9%
$622/mo
Monthly rent trend
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Year-by-year rent in Salem
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $839/mo | — | 0.0% |
| 2016 | $951/mo | +13.3% | +13.3% |
| 2017 | $1,040/mo | +9.4% | +24.0% |
| 2018 | $1,098/mo | +5.6% | +30.9% |
| 2019 | $1,144/mo | +4.2% | +36.4% |
| 2020 | $1,199/mo | +4.8% | +42.9% |
| 2021 | $1,303/mo | +8.7% | +55.3% |
| 2022 | $1,462/mo | +12.2% | +74.3% |
| 2023 | $1,564/mo | +7.0% | +86.4% |
| 2024 | $1,568/mo | +0.3% | +86.9% |
| 2025 | $1,602/mo | +2.2% | +90.9% |
| 2026 | $1,611/mo | +0.6% | +92.0% |
Frequently asked questions
How much has rent in Salem changed since 2015?
Median rent in Salem, OR was $822 in 2015-01 and is $1,611 as of 2026-09 — a change of $789 per month over 11 years.
How much has Salem rent increased in the last 5 years?
Over the past 5 years, median rent in Salem, OR has changed +16.9% ($233 per month). The current median is $1,611.
What has rent in Salem done over the past decade?
Over the past 10 years, median rent in Salem, OR has changed +62.9% ($622 per month). It is now $1,611.
Is rent in Salem going up or down year over year?
Year over year, median rent in Salem, OR has increased +0.3% ($5/mo). Current median: $1,611.