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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 same data 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

5.1% 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 5.1% as of August 2026. Browse the managers here and request pricing.

These numbers cover long-term residential rentals only, not vacation rentals. Non-residential rents are not shown, yet they tend to shift with residential rents, so the local pattern remains informative.

Frequently asked questions

Are rents rising in Salem?

In the past five years, Census median gross rent rose close to 43.6%.

How do rents in Salem compare to the national average?

Compared with the U.S. average: 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 (August 2026).