What is the rental yield in Oak Park, Salem, Oregon?

The gross yield in Oak Park, Salem, Oregon is 4.4%. Prices are in line with Salem and about 17% below Oregon, and they rose 3.8% over the past year. The Red Flag score is 55, which points to moderate risk.

How does Oak Park compare to Salem and Oregon?

Oak Park, Salem, Oregon is priced in line with Salem and about 17% below Oregon. It has a 4.4% gross yield and a 3.8% price increase over the past year. Walkability is 80, and education is in the 27th percentile.

What are the main strengths of Oak Park, Salem, Oregon?

Oak Park, Salem, Oregon’s main strengths are walkability of 80 and prices about 17% below Oregon. The neighborhood also recorded a 3.8% rise over the past year. Gross yield is 4.4%, which is lower than some income-focused markets.

What should buyers watch in Oak Park, Salem, Oregon?

Oak Park, Salem, Oregon has a Red Flag score of 55 and education in the 27th percentile. Gross yield is 4.4%, which is modest, even though prices are in line with Salem and about 17% below Oregon. The past-year price trend was up 3.8%.

Neighborhood

Oak Park

Salem, Oregon US

Oak Park, Salem, Oregon has a moderate investment profile with solid walkability and a lower income yield. Gross yield is 4.4%, and prices are in line with Salem and about 17% below Oregon. Over the past year, prices rose 3.8%. The neighborhood has a Red Flag score of 55, walkability of 80, and education in the 27th percentile, combining strong access on foot with a lower school-district test-score percentile.

AI Summary•Updated May 2026

Area

6.04 mi²

ZIP Code

97301

County

Marion County

State

Oregon

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$399,381

YoY+3.8%

Gross Rental Yield

4.4%

Listed rent · ZORI annualized

Red Flag Index

Moderate

55 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

27 / 100

Limited · better than 27% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Oak Park Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Oak Park, Salem.

Unlock the Oak Park 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$399,381	+3.8%
Price / Sq Ft (Verified)	$260/sqft	-3.5%
Asking Rent (Median)	$1,469/mo	-3.7%
Gross Rental Yield	4.4%	—
Liquidity Score	35 / 100	Moderate
Homes Sold (Period)	119	-27.0%

Is Oak Park Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Oregon crime context.

Red Flag Breakdown

55 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Heat100Very High

Strong Wind60High

Flood40Moderate

Wildfire40Moderate

Hail40Moderate

Tornado20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Oregon averaged 27.2 crimes and 3.3 violent per 1,000 residents (-6.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Appreciating market — +3.8% sale-price YoY

Highly walkable neighborhood — score 80/100

Active transaction volume — 119 homes sold last period

Dense amenities — 72 dining & 31 grocery options nearby

Earthquake risk is Very High (100/100)

Heat risk is Very High (100/100)

Insights are generated from Oak Park's live DistrictScore metrics.

Oak Park Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Oregon-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Oregon Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.2	3.3	-6.9%
2023	29.3	3.3	-10.8%
2022	33.0	3.5	+8.4%
2021	30.3	3.4	+3.1%
2020	29.5	2.9	-3.7%
2019	30.8	2.9	—

Reported at the state level — the finest official US crime aggregation; Oak Park inherits the Oregon figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Oak Park

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor4 nearbyVery High

Point-source screening near Oak Park: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Oak Park

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

80

Very Walkable

Walkability Score

31

Grocery

72

Dining

16

Schools

0

Universities

10

Hospitals

5

Pharmacies

16

Parks

1

Rail Transit

0

Coworking

POI counts are amenities within Oak Park's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Oak Park vs Salem vs Oregon

How Oak Park benchmarks against its city and state medians.

Benchmark vs City & State

Across Oak Park, the median sale price sits in line with the median for Salem neighborhoods and about 17% below the statewide median. Gross rental yield is 4.4%, against 4.3% for Salem neighborhoods and 4.0% statewide. Over the past 12 months, prices rose 3.8%. Transaction liquidity sits in line with the median for Salem neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Oak Park	$260/sqft	4.4%	35
Salem	$260/sqft	4.3%	35
Oregon	$314/sqft	4.0%	32

Unlock the Oak Park benchmark

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Buying Property in the US as a Foreigner

Federal & Oregon tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.79% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 9.9%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (except Washington County).

Assessment Cap

Measure 50 limits assessed value; it does not reset to market value on sale.

Mansion Tax / Rent Control

Statewide rent control caps annual rent increases at 7%+CPI (SB 608); no mansion tax.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

Conforms to 1031 but tracks deferred in-state gain after an out-of-state exchange.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Oregon property-tax guidance for foreign buyers

Latest Salem Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Oak Park Real Estate FAQ

Oak Park, Salem, Oregon has a gross yield of 4.4% and prices in line with Salem. Over the past year, prices rose 3.8%. The Red Flag score is 55, so the risk reading is moderate, while walkability of 80 supports day-to-day access.

Neighborhoods near Oak Park

Compare Oak Park with nearby neighborhoods in Salem.

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