RentYield Atlas

ZIP 97306 — Salem, OR: rental yield & market data

Gross rental yield of 4.35% — ranked #54 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
4.35%
Home value
$499,133
Market rent / mo
$1,811
Price-to-rent
23.0

Trend

Metric1-year change5-year change
Home value-0.1% +14.1%
Market rent+1.3%

Metro: Salem, OR · County: Marion County · Annual rent: $21,732

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97306 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97005BeavertonOR$491,775$1,8644.55%22.0-2.0%
97006BeavertonOR$500,275$1,8414.42%22.6-3.9%
97304SalemOR$506,304$1,8554.40%22.7+0.6%
97078BeavertonOR$497,397$1,7974.34%23.1-3.5%
97056ScappooseOR$493,235$1,7294.21%23.8-1.4%
97222MilwaukieOR$499,724$1,6954.07%24.6+0.2%
97217PortlandOR$506,958$1,7094.05%24.7-0.7%
97205PortlandOR$496,759$1,6594.01%25.0+1.3%

Top rental yields in all of Oregon →

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