RentYield Atlas

ZIP 97317 — Salem, OR: rental yield & market data

Gross rental yield of 4.15% — ranked #67 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
4.15%
Home value
$460,475
Market rent / mo
$1,592
Price-to-rent
24.1

Trend

Metric1-year change5-year change
Home value+1.1% +15.7%
Market rent+7.0%

Metro: Salem, OR · County: Marion County · Annual rent: $19,104

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97317 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97504MedfordOR$450,124$1,8975.06%19.8+1.1%
97203PortlandOR$458,046$1,8184.76%21.0-1.0%
97206PortlandOR$474,778$1,8804.75%21.0-0.4%
97404EugeneOR$448,751$1,7294.62%21.6-0.2%
97303KeizerOR$454,767$1,6044.23%23.6-0.1%
97230PortlandOR$462,978$1,5233.95%25.3-0.1%
97383StaytonOR$467,236$1,5133.89%25.7+1.0%
97302SalemOR$468,033$1,4593.74%26.7+0.2%

Top rental yields in all of Oregon →

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