Real Estate Investing in Keizer, Oregon (97303)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97303 (Keizer, OR)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Keizer, OR (97303)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97303 Keizer
Not every below-median market is a bargain. Keizer's 97303 ZIP reports signals that favor experienced operators who can absorb the risk $454K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $454K asset, 97303 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 97303's metrics run below Marion County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 97303 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 97303 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Keizer:
Property Strategy for 97303
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $365,974 | $1,540 | 3.0% | +4.7% | $182,987 |
| 3BR | $432,139 | $2,130 | 3.5% | +5.2% | $144,046 |
| 4BR | $513,853 | $2,310 | 3.2% | +5.6% | $128,463 |
| 5BR | $562,717 | — | — | +5.8% | $112,543 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97303 Compare?
| Metric | 97303 | Keizer | Salem, OR | Oregon |
|---|---|---|---|---|
| Home Value | $454,230 | $454,230 | N/A | $493,884 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 4.9% |
| Avg Rent | $1,565 | $1,565 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97303 (Keizer, 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
Dalke Property Management, Llc. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $454,230 |
| Monthly Rent | $1,565 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -3.9% ▼ |
| 3-Year CAGR | 0.0% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97303
Population: 40,893
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97303
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,140 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Keizer, OR?
Keizer, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What investment strategy works best in Keizer, OR?
Most investors in Keizer, OR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Where do home prices stand in Keizer, OR?
Keizer, OR median home values land near $454K. That is reasonable territory for investors looking at $1,565/mo-per-month rentals.
Is the tenant base reliable in Keizer, OR?
Tenant demand in Keizer, OR is solid. The local workforce $1,565/mo rents across most rental classes.
Is Keizer, OR a smart market for rental property?
The 3.0/5 investability rating in Keizer, OR reflects its $454K prices and $1,565/mo rents. Investors generally consider it a solid option within OR.
You know 97303 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97303 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 97303 ranks in Salem, OR
Every ZIP in this metro, ranked. Free.
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