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ZIP Code · OR

ZIP 97317

Part of Salem, OR
Pop. 25,966·Marion County·97th most expensive ZIP in Oregon
Median rent (all units)
$1,592/mo
Year-over-Year
+1.5%
Month-over-Month
Stable
vs US Median
-$373
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97317 · $1,592
More affordable than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,290
2 BR
$1,670
3 BR
$2,310
4 BR+
$2,500
Research median
$1,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,104/yr
At $1,592/mo median
Location
CitySalem
StateOR
CountyMarion County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.5% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 97317 (Salem, OR) is majority owner-occupied, 23.2% of residents hold a bachelor's degree or higher.

Population
25,966
Median income
$84,393
Median age
40.2
Renters
29.2%
Age distribution
20.9%
22.6%
24.9%
12.4%
19.2%
Under 1820.9%
18–3422.6%
35–5424.9%
55–6412.4%
65+19.2%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
66.5%
26.6%
White66.5%
Black0.5%
Hispanic26.6%
Asian2.2%
Other4.1%
Education (25+)
12.6%
28.1%
36.1%
23.2%
No HS diploma12.6%
HS diploma28.1%
Some college36.1%
Bachelor's+23.2%
Housing tenure
70.8%
29.2%
Owner70.8%
Renter29.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 97317 in Salem, OR has changed in 5 years

Income
$74,568 → $84,393
up 13.2%
Population
25,635 → 25,966
up 1.3%
Renter share
27% → 29.2%
+2.2 pts
Bachelor's+
22.2% → 23.2%
+1.0 pts
Median age
40.9 → 40.2
-0.7 yrs

Census figures show median household income at $84,393 today, compared with $74,568 five years earlier. Headcount in the area went from 25,635 to 25,966 between 2021 and 2024, a 1.3% change. About 29.2% of households rent today, against 27% in 2021.

Community

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Local insights

Tips for renters in ZIP 97317

About renting in ZIP 97317

Last updated: July 20, 2026

ZIP code 97317 covers Salem, OR. The median rent here is $1,592/mo as of July 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,670/mo.

At 23% of local median household income ($84,393/yr), ZIP 97317 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97317?

As of July 20, 2026, the median monthly rent in ZIP 97317 (Salem, OR) is $1,592. This is based on aggregated data from public sources and community submissions.

How does ZIP 97317 rent compare to the US average?

ZIP 97317's median rent of $1,592/mo is $373 (19%) below the US national median of $1,965/mo.

How does ZIP 97317 compare to other ZIPs in Oregon?

ZIP 97317 is among the more affordable ZIP codes in Oregon, ranking #97 out of 116 ZIPs at $1,592/mo.

How much income do you need to rent in ZIP 97317?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,592/mo in ZIP 97317. The local median household income is $84,393/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97317?

Rent in ZIP 97317 has increased 1.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97317 an affordable place to rent?

ZIP 97317 is considered very affordable for renters. At $1,592/mo, rent takes approximately 23% of the local median household income ($84,393/yr). The standard benchmark is 30%. ZIP 97317 falls comfortably within that range.

What percentage of ZIP 97317 residents rent vs. own?

According to Census data, approximately 29.2% of ZIP 97317 households are renters, while 70.8% are owner-occupied. ZIP 97317 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97317 compare to the rest of Salem?

ZIP 97317 is pricier than Salem as a whole. At $1,592/mo, it's $7 above the Salem citywide median of $1,585/mo.

When was rent data for ZIP 97317 last updated?

Rent data for ZIP 97317 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,592/mo, rent takes ~23% of ZIP 97317's median household income ($84,393/yr). The standard benchmark is 30%.

ZIP 97317 23%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97317 (Salem, OR)

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