Salem Investment Analysis

Investment Property in Salem, OR

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

Salem, OR Real Estate Investment Performance

PROPERTY SALE PRICE

$454,778

Median

2,077

Avg/Sq.ft.

CASH ON CASH RETURN

5.00%

Traditional

2.00%

Airbnb

RENTAL INCOME

$ 2,773

Traditional

$ 2,106

Airbnb

RENTAL INCOME

$ 2,773

Traditional

$ 2,106

Airbnb

NUMBER OF PROPERTIES

1,241

Investment

1,072

Airbnb

9

Traditional

34%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

495

Number of homes sold

58

Median days on market

99%

Average sale-to-list price ratio

45%

Percentage of listings with price drops

1,241

Active listings count

615

New listings count

4.2

Months of supply

Salem, OR Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,181	$ 1,839	$ 1,999	$ 2,960
Traditional	$ 1,266	$ 1,607	$ 2,118	$ 2,489

Airbnb

1 ROOM	$ 1,181
2 ROOMS	$ 1,839
3 ROOMS	$ 1,999
4 ROOMS	$ 2,960

Traditional

1 ROOM	$ 1,266
2 ROOMS	$ 1,607
3 ROOMS	$ 2,118
4 ROOMS	$ 2,489

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Investment Properties for Sale in Salem, OR

$360,900

MLS 846109

2645 Evergreen Ct NE, Salem, OR 97301

Lansing

Other

4 beds 2 baths 1,239 sq.ft.

CAP RATE Trad. 5.05% Airbnb 7.19%

Analyze Property

$221,300

MLS 838480

2120 Robins #77 Ln SE #77, Salem, OR 97306

South Gateway

Manufactured Home

3 beds 2 baths 1,701 sq.ft.

CAP RATE Trad. 6.58% Airbnb 6.65%

Analyze Property

$400,000

MLS 498772327

2027 CORAL Ave NE, Salem, OR 97305

Lansing

Single Family Residential

4 beds 1 baths 1,852 sq.ft.

CAP RATE Trad. 5.98% Airbnb 6.34%

Analyze Property

$240,000

MLS 845570

2120 Robins #122 Ln SE #122, Salem, OR 97306

South Gateway

Manufactured Home

3 beds 2 baths 1,782 sq.ft.

CAP RATE Trad. 10.02% Airbnb 6.38%

Analyze Property

$164,900

MLS 11408905

2200 Lancaster Dr SE #26, Salem, OR 97317

Southeast Mill Creek

Manufactured Home

3 beds 2 baths 1,360 sq.ft.

CAP RATE Trad. 11.39% Airbnb 6.07%

Analyze Property

$169,900

MLS 11866139

2410 Lancaster Dr. SE #1012, Salem, OR 97317

Southeast Mill Creek

Manufactured Home

3 beds 2 baths 1,248 sq.ft.

CAP RATE Trad. 11.06% Airbnb 5.83%

Analyze Property

$189,900

MLS 844574

3776 Auburn #43 Rd NE, Salem, OR 97301

North East Salem

Other

2 beds 1 baths 1,128 sq.ft.

CAP RATE Trad. 6.38% Airbnb 5.70%

Analyze Property

$179,900

MLS 11408904

2410 Lancaster Dr. SE #359, Salem, OR 97317

Southeast Mill Creek

Manufactured Home

3 beds 2 baths 1,414 sq.ft.

CAP RATE Trad. 10.62% Airbnb 5.40%

Analyze Property

Single Family Houses for Sale in Salem, OR

$400,000

MLS 498772327

2027 CORAL Ave NE, Salem, OR 97305

Lansing

Single Family Residential

4 beds 1 baths 1,852 sq.ft.

CAP RATE Trad. 5.98% Airbnb 6.34%

Analyze Property

$390,000

MLS 480723427

4335 LONE OAK Rd, Salem, OR 97302

Faye Wright

Single Family Residential

4 beds 2 baths 1,288 sq.ft.

CAP RATE Trad. 5.13% Airbnb 4.93%

Analyze Property

$325,000

MLS 292803009

234 GREGORY Ln, Salem, OR 97302

Faye Wright

Single Family Residential

3 beds 1 baths 1,184 sq.ft.

CAP RATE Trad. 5.64% Airbnb 3.80%

Analyze Property

$435,000

MLS 778207796

995 JEV Ct, Salem, OR 97304

West Salem

Single Family Residential

4 beds 3 baths 1,743 sq.ft.

CAP RATE Trad. 5.35% Airbnb 3.71%

Analyze Property

$285,500

MLS 622494276

820 ROSEMONT Ave, Salem, OR 97304

West Salem

Single Family Residential

2 beds 1 baths 869 sq.ft.

CAP RATE Trad. 6.54% Airbnb 3.73%

Analyze Property

$499,900

MLS 784489537

297 SE ARLENE Ave, Salem, OR 97302

Faye Wright

Single Family Residential

4 beds 2 baths 1,774 sq.ft.

CAP RATE Trad. 5.51% Airbnb 3.68%

Analyze Property

$451,000

MLS 729471437

900 CASCADE Dr, Salem, OR 97304

West Salem

Single Family Residential

4 beds 2 baths 2,522 sq.ft.

CAP RATE Trad. 5.15% Airbnb 3.65%

Analyze Property

$459,900

MLS 26-2848

954 Terrace Drive NW, Salem, OR 97304

West Salem

Single Family Residential

4 beds 2 baths 2,338 sq.ft.

CAP RATE Trad. 6.72% Airbnb 3.54%

Analyze Property

Multi Family Houses for sale in Salem, OR

$354,750

MLS 836553

3027 D St NE, Salem, OR 97301

North East Salem

Multi Family

2 beds 2 baths 1,558 sq.ft.

CAP RATE Trad. 5.34% Airbnb 2.08%

Analyze Property

$529,000

MLS 843376

1941 Turnage St NW, Salem, OR 97304

West Salem

Multi Family

4 beds 2 baths 2,170 sq.ft.

CAP RATE Trad. 4.57% Airbnb 0.65%

Analyze Property

$799,000

MLS 843378

1027-1029 Arthur Wy NW, Salem, OR 97304

Northgate

Multi Family

8 beds 5 baths 3,440 sq.ft.

CAP RATE Trad. 6.97% Airbnb 0.55%

Analyze Property

$549,900

MLS 842922

2572 Arroyo Ridge - 2574 Ct NW, Salem, OR 97304

West Salem

Multi Family

4 beds 5 baths 2,723 sq.ft.

CAP RATE Trad. 7.83% Airbnb 0.28%

Analyze Property

Condos for Sale in Salem, OR

$235,000

MLS 840825

1044 Chestnut St NW, Salem, OR 97304

West Salem

Condo/Coop

2 beds 2 baths 1,110 sq.ft.

CAP RATE Trad. 8.30% Airbnb 4.27%

Analyze Property

$189,900

MLS 114421840

3776 NE AUBURN Rd, Salem, OR 97301

North East Salem

Condo/Coop

2 beds 2 baths 1,128 sq.ft.

CAP RATE Trad. 9.88% Airbnb 3.93%

Analyze Property

$215,000

MLS 352336783

781 BOONE Rd #28, Salem, OR 97306

Faye Wright

Condo/Coop

2 beds 1 baths 840 sq.ft.

CAP RATE Trad. 7.24% Airbnb 3.47%

Analyze Property

$289,000

MLS 846668

3652 Bell Rd NE, Salem, OR 97301

North East Salem

Condo/Coop

2 beds 3 baths 1,284 sq.ft.

CAP RATE Trad. 7.04% Airbnb 3.36%

Analyze Property

$289,900

MLS 838071

1050 Cardinal St NW, Salem, OR 97304

West Salem

Condo/Coop

3 beds 2 baths 1,408 sq.ft.

CAP RATE Trad. 5.25% Airbnb 2.88%

Analyze Property

$309,900

MLS 846313

1223 Karen Wy NW, Salem, OR 97304

West Salem

Condo/Coop

2 beds 2 baths 1,358 sq.ft.

CAP RATE Trad. 4.12% Airbnb 2.82%

Analyze Property

$259,900

MLS 846470

2190 Maplewood Dr S, Salem, OR 97306

Sunnyslope

Condo/Coop

2 beds 2 baths 900 sq.ft.

CAP RATE Trad. 6.33% Airbnb 2.67%

Analyze Property

$434,900

MLS 843115

4048 Kurth St S, Salem, OR 97302

Sunnyslope

Condo/Coop

3 beds 3 baths 1,785 sq.ft.

CAP RATE Trad. 5.95% Airbnb 2.48%

Analyze Property

Townhouses for Sale in Salem, OR

$345,000

MLS 542741154

1329 BAKER St, Salem, OR 97301

Northeast Neighbors

Townhouse

3 beds 1 baths 1,611 sq.ft.

CAP RATE Trad. 5.27% Airbnb 1.65%

Analyze Property

$395,000

MLS 157929766

4659 SE RED CHERRY Ct, Salem, OR 97317

Southeast Mill Creek

Townhouse

3 beds 2 baths 1,307 sq.ft.

CAP RATE Trad. 4.31% Airbnb 1.35%

Analyze Property

$425,000

MLS 673551495

3107 TANNET Ave, Salem, OR 97304

West Salem

Townhouse

3 beds 3 baths 2,993 sq.ft.

CAP RATE Trad. 6.40% Airbnb 0.88%

Analyze Property

$390,000

MLS 245514263

384 MARKET St, Salem, OR 97301

Grant

Townhouse

3 beds 3 baths 1,820 sq.ft.

CAP RATE Trad. 5.88% Airbnb 0.50%

Analyze Property

Top Salem, OR Neighborhoods - Real Estate Market Analysis

Grant

52%

52% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.78%

Traditional

4.23%

Airbnb

RENTAL INCOME

$ 1,415

Traditional

$ 2,477

Airbnb

65%

Airbnb occupancy rate

Analyze neighborhood

Central Area

48%

48% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.00%

Traditional

3.60%

Airbnb

RENTAL INCOME

$ 1,518

Traditional

$ 2,487

Airbnb

64%

Airbnb occupancy rate

Analyze neighborhood

North East Salem

39%

39% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.63%

Traditional

4.24%

Airbnb

RENTAL INCOME

$ 1,415

Traditional

$ 2,447

Airbnb

66%

Airbnb occupancy rate

Analyze neighborhood

Faye Wright

39%

39% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.17%

Traditional

4.12%

Airbnb

RENTAL INCOME

$ 1,404

Traditional

$ 2,674

Airbnb

60%

Airbnb occupancy rate

Analyze neighborhood

Northeast Neighbors

38%

38% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

3.17%

Traditional

4.50%

Airbnb

RENTAL INCOME

$ 1,415

Traditional

$ 2,512

Airbnb

65%

Airbnb occupancy rate

Analyze neighborhood

Highland

37%

37% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

3.03%

Traditional

3.63%

Airbnb

RENTAL INCOME

$ 1,415

Traditional

$ 2,270

Airbnb

68%

Airbnb occupancy rate

Analyze neighborhood

Lansing

36%

36% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.96%

Traditional

3.79%

Airbnb

RENTAL INCOME

$ 1,415

Traditional

$ 2,344

Airbnb

67%

Airbnb occupancy rate

Analyze neighborhood

South Central

35%

35% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.10%

Traditional

3.86%

Airbnb

RENTAL INCOME

$ 1,404

Traditional

$ 2,459

Airbnb

61%

Airbnb occupancy rate

Analyze neighborhood

Southeast Salem

34%

34% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

1.41%

Traditional

4.10%

Airbnb

RENTAL INCOME

$ 1,233

Traditional

$ 2,212

Airbnb

61%

Airbnb occupancy rate

Analyze neighborhood

Morningside

34%

34% Mashmeter

PROPERTY PRICE

$459,900

Median for city

CAP RATE

2.15%

Traditional

3.97%

Airbnb

RENTAL INCOME

$ 1,379

Traditional

$ 2,878

Airbnb

60%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Salem, OR

$94 per night Airbnb occupancy rate 52%

Entire guesthouse 1 · 1 · 2

Stylish Urban Guest Retreat Salem, Oregon, United States

Rental Income: $1,496 per month

4.98

1041

$118 per night Airbnb occupancy rate 45%

Entire guesthouse 1 · 1 · 4

Air conditioned Guest Cottage at Vista Manor Salem, Oregon, United States

Rental Income: $1,632 per month

4.92

787

$85 per night Airbnb occupancy rate 68%

Entire guesthouse null · 1 · 4

The Garage Salem, Oregon, United States

Rental Income: $1,764 per month

4.96

636

$82 per night Airbnb occupancy rate 36%

Guest suite 1 · 1 · 2

A Cozy Place to Land Salem, Oregon, United States

Rental Income: $895 per month

4.96

537

$103 per night Airbnb occupancy rate 13%

Guest suite 2 · 1 · 3

Charming Third Story Suite w/ Separate Entrance Salem, Oregon, United States

Rental Income: $395 per month

4.91

521

$105 per night Airbnb occupancy rate 54%

Guest suite 1 · 1 · 2

Chauffeurs Room @ the Villa Salem, Oregon, United States

Rental Income: $1,724 per month

4.96

460

$120 per night Airbnb occupancy rate 37%

Guest suite 1 · 1 · 4

Spacious Suite w/ Private Sauna and AC in City Salem, Oregon, United States

Rental Income: $1,340 per month

4.91

455

$82 per night Airbnb occupancy rate 26%

Guest suite 1 · 1 · 2

Central Salem Hideaway Studio Salem, Oregon, United States

Rental Income: $656 per month

4.98

436

Real Estate Investment Analysis - Other Cities in oregon

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Portland	$500,000	2%	1%	$2,477	$2,514	3,219	37%
Medford	$419,998	4%	1%	$2,383	$1,788	600	29%
Beaverton	$489,900	4%	2%	$2,776	$2,552	389	37%
Hillsboro	$525,000	4%	1%	$3,031	$2,037	209	33%
Lincoln City	$604,500	3%	1%	$2,815	$2,151	180	25%
Brookings	$450,000	4%	3%	$2,592	$2,628	156	37%

View all oregon cities

Your search for investment property begins and ends here