Real Estate Investing in Marion County, Oregon

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

22 ZIP codes • Population: 350,367

Should you buy in Marion County, OR? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (47/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

πŸ“ˆ For Investors
WEAK
2.8 / 5 (44/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Marion County, OR?

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2.8/ 5

Investability

County-wide average

2.0/ 5

Appreciation

3.2% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $503,335
Avg Monthly Rent $1,567
ZIP Codes 22

Investing in Marion County Real Estate

Across Marion County's 22 ZIPs, the picture is underwhelming β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Marion is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state capital should be especially careful with carry-in assumptions.

The 0% renter share in Marion masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Marion County, OR. Anonymous, moderated, never written by AI.

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Property managers serving Marion County

Manage rentals here? List your business →

Evolve Workforce & Multifamily Housing Services. summary from their website

Small multifamily
Unclaimed β€” is this your business? Claim it free

Dalke Property Management, Llc. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$503,335
Avg Monthly Rent
$1,567
1% Rule
βœ— Below
Landlord Friendly (OR)
β˜…β˜…β˜…β˜…β˜†

πŸ“‰ Market Crash Risk Index

Based on Salem, OR metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
1/2
51 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Marion County

7 Colleges 10,835 Students 2,140 Off-Campus Renters
C+
Willamette University
4-Year Private Β· 2,112 students
C+
Phagans School of Beauty
2-Year For-Profit Β· 38 students
C
Chemeketa Community College
4-Year Public Β· 7,433 students
πŸ“ ~2,140 students rent off-campus
C
College of Hair Design Careers
2-Year For-Profit Β· 66 students
C
Corban University
4-Year Private Β· 866 students
C
Institute of Technology
2-Year For-Profit Β· 261 students
C
Johnny Matthew's Hairdressing Training School
Vocational For-Profit Β· 59 students

Investor Insight: With 2,140 students living off-campus, Marion County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Marion County

ZIP Codes in Marion County, OR

97301 β˜… β˜… β˜… β˜… β˜…
Salem
Population 56,274
Avg Home $375,844
Avg Rent $1,449/mo
97305 β˜… β˜… β˜… β˜… β˜…
Hayesville
Population 45,044
Avg Home $425,481
Avg Rent $1,598/mo
97302 β˜… β˜… β˜… β˜… β˜…
Salem
Population 40,954
Avg Home $467,145
Avg Rent $1,457/mo
97303 β˜… β˜… β˜… β˜… β˜…
Keizer
Population 40,893
Avg Home $454,230
Avg Rent $1,565/mo
97306 β˜… β˜… β˜… β˜… β˜…
Salem
Population 34,160
Avg Home $498,133
Avg Rent $1,786/mo
97071 β˜… β˜… β˜… β˜… β˜…
Woodburn
Population 31,847
Avg Home $428,518
Avg Rent $1,733/mo
97317 β˜… β˜… β˜… β˜… β˜…
Salem
Population 26,165
Avg Home $462,374
Avg Rent $1,677/mo
97381 β˜… β˜… β˜… β˜… β˜…
Silverton
Population 15,404
Avg Home $557,289
Avg Rent $1,775/mo
97383 β˜… β˜… β˜… β˜… β˜…
Stayton
Population 9,616
Avg Home $469,064
Avg Rent $1,503/mo
97325 β˜… β˜… β˜… β˜… β˜…
Aumsville
Population 7,154
Avg Home $496,755
Avg Rent $1,674/mo
97392 β˜… β˜… β˜… β˜… β˜…
Turner
Population 6,999
Avg Home $587,310
Avg Rent $1,251/mo
97352 β˜… β˜… β˜… β˜… β˜…
Jefferson
Population 6,635
Avg Home $457,488
Avg Rent $1,305/mo
97002 β˜… β˜… β˜… β˜… β˜…
Aurora
Population 6,468
Avg Home $705,794
Avg Rent $1,620/mo
97032 β˜… β˜… β˜… β˜… β˜…
Hubbard
Population 4,810
Avg Home $491,730
Avg Rent $1,620/mo
97362 β˜… β˜… β˜… β˜… β˜…
Mount Angel
Population 3,952
Avg Home $488,257
Avg Rent $1,620/mo
97026 β˜… β˜… β˜… β˜… β˜…
Gervais
Population 3,898
Avg Home $439,185
Avg Rent $1,629/mo
97385 β˜… β˜… β˜… β˜… β˜…
Sublimity
Population 3,876
Avg Home $584,079
Avg Rent $1,512/mo
97358 β˜… β˜… β˜… β˜… β˜…
Lyons
Population 2,502
Avg Home $504,376
Avg Rent $1,251/mo
97020 β˜… β˜… β˜… β˜… β˜…
Donald
Population 1,242
Avg Home $464,249
Avg Rent $1,584/mo
97375 β˜… β˜… β˜… β˜… β˜…
Scotts Mills
Population 1,204
Avg Home $644,642
Avg Rent $1,620/mo
97137 β˜… β˜… β˜… β˜… β˜…
Saint Paul
Population 1,126
Avg Home $604,251
Avg Rent $1,521/mo
97342 β˜… β˜… β˜… β˜… β˜…
Detroit
Population 144
Avg Home $467,170
Avg Rent $1,728/mo

Screen every market in Marion County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Marion County

How much does a house cost in, OR?

, OR home values average about $503K. That price point suits investors targeting rentals with $1,567/mo in monthly income.

Is, OR a smart market for rental property?

Our data puts, OR at 2.8/5 for investability. Home prices of $503K and rents around $1,567/mo create a solid backdrop for investor activity.

Is the tenant base reliable in, OR?

, OR draws a reliable base of working renters. Demand at the $1,567/mo rent level is reasonable for standard single-family and small multi rentals.

Is, OR landlord-friendly?

, OR operates under OR law, which is tenant-protective overall for landlords. Expect consistent treatment in typical lease and eviction cases.

Community Ratings

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