Salem, OR Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,584
1-year change
-1.6%
$-25/mo
5-year change
+19.5%
$259/mo
10-year change
+66.6%
$633/mo
Monthly rent trend
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Year-by-year rent in Salem
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $821/mo | — | 0.0% |
| 2016 | $932/mo | +13.5% | +13.5% |
| 2017 | $1,020/mo | +9.4% | +24.2% |
| 2018 | $1,078/mo | +5.7% | +31.3% |
| 2019 | $1,122/mo | +4.1% | +36.7% |
| 2020 | $1,180/mo | +5.2% | +43.7% |
| 2021 | $1,278/mo | +8.3% | +55.7% |
| 2022 | $1,436/mo | +12.4% | +74.9% |
| 2023 | $1,539/mo | +7.2% | +87.5% |
| 2024 | $1,545/mo | +0.4% | +88.2% |
| 2025 | $1,600/mo | +3.6% | +94.9% |
| 2026 | $1,591/mo | -0.6% | +93.8% |
Frequently asked questions
How much has rent in Salem changed since 2015?
Median rent in Salem, OR was $805 in 2015-01 and is $1,584 as of 2026-07 — a change of $779 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 +19.5% ($259 per month). The current median is $1,584.
What has rent in Salem done over the past decade?
Over the past 10 years, median rent in Salem, OR has changed +66.6% ($633 per month). It is now $1,584.
Is rent in Salem going up or down year over year?
Year over year, median rent in Salem, OR has decreased -1.6% ($-25/mo). Current median: $1,584.