2025 Compare Cities Housing:
Salem, OR vs Lake Oswego, OR

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Highlights
- The median age of a home in Salem is 7.0% older than the median age of a home in Lake Oswego.
 Salem, ORLake Oswego, ORUnited States
 Median Home Age43  Unlock42
 Median Home Cost  Unlock$798,500$338,100
 Home Appr. Last 12 months14.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock53.0%57.0%
 Home Appr. Last 10 yrs.144.5%  Unlock101.1%
 Property Tax Rate  Unlock$10.3$11.0
 Homes Owned51.9%  Unlock57.4%
 Housing Vacant  Unlock7.0%11.2%
 Homes Rented42.6%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Salem, ORLake Oswego, ORUnited States
 Average Rent  Unlock$3,270$1,840
 Studio Apartment$940  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,070$1,180
 2 Bedroom Home or Apartment$1,270  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,310$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
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 Vacant Housing
 Salem, ORLake Oswego, ORUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock1.7%0.7%
 Vacant Sold0.1%  Unlock0.4%
 Vacant Vacation  Unlock1.7%3.6%
 Vacant Other1.7%  Unlock4.1%
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 Owner-Occupied Housing Value
 Salem, ORLake Oswego, ORUnited States
 Less Than $20,000  Unlock0.4%2.6%
 $20,000 to $39,9992.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,9991.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.5%4.5%
 $100,000 to $149,9994.4%  Unlock11.3%
 $150,000 to $199,999  Unlock1.5%13.0%
 $200,000 to $299,99932.7%  Unlock20.1%
 $300,000 to $399,999  Unlock6.9%13.6%
 $400,000 to $499,99911.1%  Unlock8.3%
 $500,000 to $749,999  Unlock35.2%9.7%
 $750,000 to $999,9991.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock13.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock4.3%1.1%
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 Housing Units By Year Built
 Salem, ORLake Oswego, ORUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock8.9%13.6%
 2000 to 200912.5%  Unlock13.6%
 1990 to 1999  Unlock15.7%13.6%
 1980 to 19899.7%  Unlock13.2%
 1970 to 1979  Unlock22.0%14.8%
 1960 to 196916.8%  Unlock13.6%
 1950 to 1959  Unlock7.3%10.0%
 1940 to 19494.9%  Unlock4.7%
 1939 or Earlier  Unlock3.2%12.2%
Reviews for Salem    37 Reviews

After reading the reviews here, I had to come write my own. The problem I had with most of the reviews is that most were very opinion-based and seemed to assume everyone  More

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Moved here approx. 4 years ago from SW Michigan, but I've lived in 9 other cities & 5 other states. Salem is a very manageable sized city, with tons of parks, diverse  More

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Over 5 years ago

I'm a native 5th generation Oregonian, so bear in mind that I was born with webs between my toes! Anyway, I used to think it rained too much when I was young. Then I  More

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Reviews for Lake Oswego    14 Reviews

I have lived occasionally in Lake Oswego with my sister who married a LO man and found it very sweet. He was raised there by hard-working parents who had fantastic work  More

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Over 6 years ago

Retired in Lake Oswego to be close to family and Live in a beautiful little city. We call it Paradise. We’ve had part-time property in Oregon for 20 years and we have  More

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Ive lived here 22 years and it has gone from a charming small town to a congested pass thru neighborhood. People are rude, traffic a nightmare and we hate it here but  More

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