Expensive
50th Percentile
Metro Area
Fair Market Rent prices in Salem are
very high
compared to the national average.
This FMR area is more expensive
than
90%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Salem is $972 per month.
The previous year, rent for a two-bedroom home was $886 per month.
This is a 9.71% increase year-over-year.
This FMR rate applies to Detroit, OR, Saint Benedict, OR, Mehama, OR, Donald, OR, Keizer, OR, Saint Paul, OR, Sublimity, OR, Gervais, OR, Turner, OR, Aumsville, OR and other cities within the region.
The Metro Code or CBSA code for this region is METRO41420M41420.
Additionally, This Fair Market Rent (FMR) area Salem, OR MSA spans one county or city in Oregon which is listed in the table below.
Estimated population of Salem, OR MSA FMR area is 315,335 people based on latest Census data.
Compared to the rest of Oregon, the Salem FMR area is
more expensive than
70% of the state.