Salem, OR Rent To Own Homes

Rent-to-Own Homes in Salem, OR: What You Need to Know

Salem is a place where beautiful nature meets bustling city streets. As the state’s capital and third-largest city, locals claim their home as “the most Oregon part of Oregon”.

Housing Availability in Salem, OR

Salem offers an excellent alternative to its bigger sibling, Portland, providing more affordable housing while maintaining an exciting city atmosphere. Its median home cost of $355,000 may seem hefty compared to other parts of the nation, but it falls 13% under the state’s typical value. Low vacancy rates and high demand indicate it's a good time to invest in a rent-to-own property now, as you’ll lock in a reasonable price, considering costs continue climbing nearly 15% per year. You’ll find nothing but beautiful homes around Salem, too, in a variety of styles like cozy craftsmen, stately Victorians, spacious turnkeys, and modern apartments. 

What are the Best Things to Do in Salem, OR?

Salem’s charming downtown is listed on the National Register of Historic Places. It boasts busy, walkable streets filled with first-rate shopping, dining, and entertainment- not to mention a picturesque riverfront park. Of course, the scenic Pacific Northwest leaves a world of diverse, breathtaking scenery to discover. The Detroit Lake State Recreation Area, Breitenbush Hot Springs, and Ankeny National Wildlife Refuge are just some of the stunning outdoor destinations surrounding the city. However, you don’t need to leave town to enjoy Oregon’s world-class nature, as Salem boasts handfuls of city parks right in residents’ backyards. On a rainy day, the city’s many museums, art centers, and theaters are enough to keep you entertained ‘til sundown. 

Salem’s Culture

Salem calls itself the “Cherry City” in honor of its thriving cherry-growing industry that dates back to the mid-19th century. Today, eclectic eateries and craft breweries dominate the town’s quirky food scene. Word on the street (and on TripAdvisor) is that Word of Mouth is the best restaurant in town. The unassuming bistro offers five-star classic American breakfast and lunch entrees with vegetarian and vegan options available. 

Is There Public Transportation in Salem, OR?

The Cherriots- a play on words between the city’s famed cherries and the old-fashioned chariots- is a reliable bus system across town and the larger metro area. Instead, Salem’s active residents can opt to use the intricate network of bike paths to navigate the city. Meanwhile, those with cars enjoy short average commutes of 21.6 minutes. 

Weather and Climate in Salem, OR

It’s no surprise that this Pacific Northwest city receives about 45 inches of rain per year. The mild winter brings an average of four inches of snow instead, just enough to enjoy without breaking your back shoveling the driveway. Though winters can get cold, highs typically remain in the 40s. Most of the year is cool and comfortable, with summer highs peaking in the low 80s.