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Property Managers in Salem, OR

Compare top property management companies in Salem, OR. Review services and vetting status, then reach out or request a free quote.

MRB Investment Properties, LLC
Mike Barnes
Salem, OR
Vetting in Progress Long-term Residential
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Summit Rental Management, LLC
Karen Weibel
Salem, OR
Long-term Residential
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MRB Investment Properties LLC
Lisa Barnes
Salem, OR
Long-term Residential
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Coldwell Banker Mountain West Property Management LLC
Sherrylin Cook
Salem, OR
Unverified
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Rental market in Salem: rising rents

In Salem, Census median gross rent rose about 43.6% over the last five years, rents on a clear upward path. The market also shows vacancy near 4.1%, a population of 349,244, up 2.8% over five years, and renters in 37.7% of homes. The typical home is valued near $416,400, and the median household earns about $77,351 a year, with renters spending a median 31.9% of income on rent.

Market at a glance

Rents & affordability

-9% 2-bed vs U.S. rent
-2% 3-bed vs U.S. rent
-5% 4-bed vs U.S. rent
+43.6% Rent trend, 5-yr
31.9% Rent-to-income

People & households

37.7% Renter-occupied
349,244 Population
+2.8% Population, 5-yr
$77,351 Median household income

Housing stock

4.1% Vacancy rate
$416,400 Median home value
1979 Median year built
66.7% Single-family homes

Jobs

5.3% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -9% 3-bed -2% 4-bed -5%
Who rents vs owns
Renters 37.7% Owners 62.3%

Professional property management in Salem typically covers pricing, listings, tenant screening, rent collection, and repairs. About 66.7% of local housing is single-family, a common focus for rental owners. With vacancy near 4.1%, rent positioning and days on market can shape your return. Area unemployment is 5.3% as of July 2026. Browse the managers here and request pricing.

Rents here are long-term residential, not vacation or short-term. Non-residential property is not priced above, though its rents usually track the same local direction, so the residential trend is still a useful guide.

Frequently asked questions

Are rents rising in Salem?

Census median gross rent rose about 43.6% over the last five years.

How do rents in Salem compare to the national average?

Relative to the U.S. as a whole: two-bedroom -9%, three-bedroom -2%, four-bedroom -5%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Is Salem a good market for rental property?

This is a tight market, where well-kept units lease quickly. Renters make up 37.7% of households and vacancy sits near 4.1%. Three-bedroom rents run about 2% below the national average, and rents rose about 43.6% over five years.

How strong is rental demand in Salem?

Renters make up 37.7% of the housing, and the population of 349,244 grew 2.8% over five years. Vacancy runs near 4.1%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (July 2026).