RentYield Atlas

ZIP 97305 — Salem, OR: rental yield & market data

Gross rental yield of 4.82% — ranked #35 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
4.82%
Home value
$425,263
Market rent / mo
$1,708
Price-to-rent
20.7

Trend

Metric1-year change5-year change
Home value+0.2% +15.8%
Market rent-0.2%

Metro: Salem, OR · County: Marion County · Annual rent: $20,496

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97305 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97502Central PointOR$426,753$2,0325.72%17.5+1.0%
97527Grants PassOR$416,540$1,7735.11%19.6-0.2%
97351IndependenceOR$432,379$1,8115.02%19.9+2.3%
97071WoodburnOR$428,160$1,7855.00%20.0+0.5%
97051Saint HelensOR$430,025$1,7774.96%20.2-0.4%
97220PortlandOR$432,789$1,6364.54%22.0-0.4%
97754PrinevilleOR$436,825$1,6534.54%22.0+0.5%
97216PortlandOR$430,839$1,5564.33%23.1-0.4%

Top rental yields in all of Oregon →

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