Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Salem area can be challenging. Home prices in Salem are now at a median cost of $72,800, lower than the Georgia average of $231,203.
The average cost of rent is $571/mo in Salem, primarily driven by the current value of real estate in the Salem area. While nearly 67.56% of residents own their homes outright in Salem, 24.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salem is $4,021 per month. Households that rent pay about 14.20% of their income on rent here. Salem's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Russellville, GA: higher priced homes
- Fickling Mill, GA: higher priced homes
- Zenith, GA: higher priced homes
- Jarrell, GA: higher priced homes
- Lincoln Park, GA: higher priced homes
- Hammett, GA: higher priced homes
- Roberta, GA: higher priced homes
- Knoxville, GA: higher priced homes
- Musella, GA: higher priced homes
- Sunset Village, GA: higher priced homes
Cities with Similar Populations
- Harrisville, IN: higher priced homes
- Summerfield, AL: higher priced homes
- Sulphur Springs, TN: higher priced homes
- Suggsville, AL: higher priced homes
- Stephens, OR: higher priced homes
- Highlandtown, OH: higher priced homes
- Hennepin, OK: higher priced homes
- Helena, WI: higher priced homes
- Hayden, IN: higher priced homes
- Havana, KS: higher priced homes
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