Industrial Average Rent Costs in Salem, OR
The average asking rent for industrial space in Salem is $9.87 per square foot based on our latest listing data.
Rents here range between $4.68 and $14.4 per square foot.
Available Industrial Inventory in Salem, OR
There are currently 48 industrial properties listed for lease in Salem, totaling 825,342 square feet.
The average size of an industrial property listed for lease here is 11,893 square feet.
Listed properties range from 452 to 193,758 square feet.
No. of Listings
Total Space (Sq. Ft.)
Average Size (Sq. Ft.)
Space Range (Sq. Ft.)
48
825,342
11,893
452 - 193,758
Types of Industrial Properties for Lease in Salem, OR
The most common industrial property type currently listed in Salem is Warehouse/Distribution with 22 currently on PropertyShark.
Space sizes for this property type start at 792 square feet, while the maximum size of a space in this category is 82,000 square feet.
The Salem industrial market is also home to Flex - Industrial 11 listings, which offer space between 1,395 and 84,000 square feet.
There are also 9 Warehouse spaces here.
Property sizes in this category start at 800 square feet, reaching up to 13,025 square feet.
Use Type
No. of Listings
Total Sq.Ft.
Warehouse/Distribution
22
285,829
Flex - Industrial
11
144,267
Warehouse
9
26,645
Strip Retail
2
1,559
Office Building
1
770
Quality Industrial Space in Salem, OR
Industrial Buildings in Salem, OR by Completion Year
- Before 1950
6
- 1950 - 2000
112
- After 2000
26
Industrial Space in Salem, OR by Completion Year
- Before 1950
295,647 Sq.Ft.
- 1950 - 2000
8,457,375 Sq.Ft.
- After 2000
4,771,100 Sq.Ft.
The data presented in this table was collected based on industrial spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.
Property Class
Min. Rental Rate
Max. Rental Rate
Class B Industrial Properties
$8.16
$9.6
Class C Industrial Properties
$9
$13.64
Approximately 18% of industrial properties in Salem were built since the year 2000, generally indicating higher quality amenities and potential for savings in maintenance costs.
Top Neighborhoods for Industrial Space in Salem, OR
Southeast Salem currently has the most industrial space for lease out of all of Salem’s neighborhoods with 22 listings, totaling 225,123 square feet.
Other neighborhoods in the city for industrial leasing opportunities include:
- Northgate, with a total of 15 listings, adding up to 115,442 square feet.
- Morningside, with 9 listings, which total 66,437 square feet.
Neighborhood
No. of Listings
Total Listings Sq. Ft.
Southeast Salem
22
225,123
Northgate
15
115,442
Morningside
9
66,437
South Gateway
5
22,626
West Salem
4
94,344
3871 Boone Rd SE, Southeast Mill Creek, Salem, OR