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Rent by ZIP · Marion County

Rent in Salem, OR 97305

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,760 (+7.3% vs FY2026). Renters in this ZIP code pay a median $1,453 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,340$1,240+8.1%$1,206–1,474$1,305 ±$99
1 bedroom$1,350$1,260+7.1%$1,215–1,485$1,167 ±$98
2 bedrooms$1,760$1,640+7.3%$1,584–1,936$1,442 ±$53
3 bedrooms$2,440$2,270+7.5%$2,196–2,684$1,747 ±$100
4 bedrooms$2,670$2,460+8.5%$2,403–2,937$2,147 ±$380

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 97305

Median gross rent$1,453±$51 · all sizes
Renter households7,09247% of occupied homes
No cash rent86households

How rents are spread

Under $1,0009%
$1,000–1,49946%
$1,500–1,99934%
$2,000–2,4998%
$2,500–2,9991%
$3,000–3,4990%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
97304Salem$1,830$1,444
97306Salem$1,880$1,479
97303Salem$1,680$1,395
97302Salem$1,620$1,385
97301Salem$1,610$1,353
97317Salem$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.