Housing & Real Estate — Salem, Iowa

Overview

Total Housing Units155
Occupied149
Vacant6
Owner-Occupied124
Renter-Occupied25
Median Home Value (Census)$85,700
Estimated 2026~$94,000
Median Rent$850/mo
Median Property Tax$1,311/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income19.9%
Severely Rent-Burdened44.0%

Housing Age

Built 2010 or later12
Built 2000-200910
Built 1990-199913
Built before 196090
Median Year Built1947
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.