Rent by ZIP · Marion County
Rent in Salem, OR 97303
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,680 (+9.1% vs FY2026). Renters in this ZIP code pay a median $1,415 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,280 | $1,170 | +9.4% | $1,152–1,408 | – |
| 1 bedroom | $1,280 | $1,190 | +7.6% | $1,152–1,408 | $1,198 ±$93 |
| 2 bedrooms | $1,680 | $1,540 | +9.1% | $1,512–1,848 | $1,395 ±$43 |
| 3 bedrooms | $2,320 | $2,130 | +8.9% | $2,088–2,552 | $1,756 ±$121 |
| 4 bedrooms | $2,550 | $2,310 | +10.4% | $2,295–2,805 | $1,858 ±$179 |
Small Area FMRs for the Salem, OR MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Salem, OR MSA, 2 bedrooms: $1,692.
What renters pay in 97303
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 97302 | Salem | $1,620 | $1,385 |
| 97304 | Salem | $1,830 | $1,444 |
| 97301 | Salem | $1,610 | $1,353 |
| 97305 | Salem | $1,760 | $1,442 |
| 97306 | Salem | $1,880 | $1,479 |
| 97317 | Salem | $1,760 | $1,445 |
Fair Market Rents across Marion County, OR · All OR counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.