DSCR Loans in Salem, Ohio

Salem sits in Columbiana County (and extends into Mahoning County). The facts below are what a DSCR lender actually looks at on a property here.

Salem at a glance

County: Columbiana County
Population: 11,915 (2020 Census)
Type: City

Salem isn't contained entirely within Columbiana County — it also extends into Mahoning County. The tax rate and figures on this page use Columbiana County, which is where the majority of Salem's parcels sit; a specific address near the county line should confirm its actual taxing county before closing.

Home values and rent in Salem

We don't have a Salem-specific median home value. Countywide, Columbiana County's figure is $151,600 (ACS 2020-2024 5yr) — treat this as a county-level baseline, not a Salem number. On rent, we're again working from the county: Columbiana County's median gross rent is $756/mo (ACS 2020-2024 5yr), not a Salem-specific figure.

The county tax-drag math applies here

Columbiana County's 0.90% effective tax rate applies to property in Salem — below the 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Columbiana County page — here's the tax line specifically for a property at Salem's own numbers:

Property value used: $151,600 (countywide)
Columbiana County effective tax rate: 0.90%
Estimated monthly property tax: $114

That estimate uses an observed Ohio DSCR average of 7.20% (Q2 2026)¹ elsewhere in the full county example — this is a market observation, not an offer; your rate depends on your DSCR, credit, LTV and loan purpose, and is set by the lender, not by us.

Get your Salem DSCR quote

Every Salem property prices differently once a lender sees the real rent and file. Compare quotes on yours.

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Sources for this page

Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
CostByCounty, "Cost of Living in Ohio by County" (Columbiana County median home value, county-fallback) — https://costbycounty.com/ohio
Private Lender Link (Ohio DSCR rate average, Q2 2026) — https://privatelenderlink.com/region/usa/ohio/residential-long-term-rental-ohio-usa/

Last updated 2026-08-25. Figures are refreshed periodically from the sources above, each with its own as-of date.