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Rent in Salem, OR MSA

The Fair Market Rent (FMR) for a two-bedroom home in Salem, OR MSA is $1,560/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in Salem, OR MSA has an FMR of $1,560/month (FY2026). That is 60% above the national median of $974. Salem, OR MSA ranks #228 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, Salem, OR MSA

Unit sizeFair Market Rent / month
Studio / efficiency$1,181
1 bedroom$1,201
2 bedrooms$1,560
3 bedrooms$2,159
4 bedrooms$2,338

Nearby on the rent ranking

Frequently asked questions

How much is rent in Salem, OR MSA?
The Fair Market Rent (FMR) for a two-bedroom unit in Salem, OR MSA is $1,560 per month for HUD fiscal year 2026. A one-bedroom is $1,201 and a three-bedroom is $2,159 per month.
What is the studio and one-bedroom Fair Market Rent in Salem, OR MSA?
For FY2026, HUD's efficiency/studio FMR in Salem, OR MSA is $1,181 per month and the one-bedroom FMR is $1,201 per month.
How is the Fair Market Rent for Salem, OR MSA calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in Salem, OR MSA?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Salem, OR MSA. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in Salem, OR MSA compare nationally?
Salem, OR MSA ranks #228 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.