Expensive
Affordable
Affordable
Colorblind friendly
off
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 $441,915, lower than the Idaho average of $450,170.
The average cost of rent is $1,157/mo in Salem, primarily driven by the current value of real estate in the Salem area. In Salem, 29.57% of households rent, and 31.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salem is $6,769 per month. Households that rent pay about 17.09% of their income on rent here. Salem’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sugar City, ID: equally priced homes
- Wilford, ID: less expensive homes
- Hibbard, ID: higher priced homes
- Edmonds, ID: less expensive homes
- Teton, ID: less expensive homes
- Rexburg, ID: equally priced homes
- Parker, ID: less expensive homes
- Heman, ID: less expensive homes
- St. Anthony, ID: less expensive homes
- Plano, ID: less expensive homes
Cities with Similar Populations
- Waterloo, GA: less expensive homes
- DISH, TX: higher priced homes
- Dodson, AR: less expensive homes
- Doss, TX: higher priced homes
- Dovesville, SC: less expensive homes
- Drynob, MO: less expensive homes
- Duquette, MN: less expensive homes
- Dyesville, OH: less expensive homes
- East Newport, ME: less expensive homes
- East Troy, ME: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood