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Salem city: Median Gross Rent Trend

How Salem city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$502
2023
$619
Total change
+$117
% change
+23.3%
Year Median Gross Rent Change
2017 $502
2019 $490 $12 (-2.4%)
2020 $468 $22 (-4.5%)
2021 $499 +$31 (6.6%)
2022 $600 +$101 (20.2%)
2023 $619 +$19 (3.2%)

Other Salem city Trends