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Updated 2 hours ago

Redwood & Waverly Square Apartment Homes


1515-2221 Waverly Dr SE Albany, OR

2 - 3 Bed
•
1 - 2 Bath

850 - 1,067 Sq. Ft.

Available starting Dec. 15th
Floor plans
1 Bed • 1 Bath
$1,150 - $1,350
670 ft2
0 Available
Managed By: Shelter Management Inc.
1555 Waverly Dr SE, #204
$1,350
Rented
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1545 Waverly Dr SE, #202
$1,350
Rented
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1555 Waverly Dr SE, #103
$1,350
Rented
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1545-103
$1,150
Rented
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1545-201
$1,150
Rented
View
1555-203
$1,150
Rented
View
1545-202
$1,150
Rented
View
1545-203
$1,150
Rented
View
2 Beds • 1 Bath
$1,350
850 ft2
4 Available
Managed By: Shelter Management Inc.
1585-204
$1,350
Available Dec 19th, 2025
View
2241-201
$1,350
Available Jan 15th, 2026
View
1585-201
$1,350
Available Jan 23rd, 2026
View
1515-103
$1,350
Available Jan 30th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,450
976 ft2
2 Available
Managed By: Shelter Management Inc.
2251-104
$1,450
Available Jan 7th, 2026
View
2271-105
$1,450
Available Jan 19th, 2026
View
View Rented Units
3 Beds • 2 Bath
$1,700
1067 ft2
1 Available
Managed By: Shelter Management Inc.
1525-104
$1,700
Available Dec 15th, 2025
View
View Rented Units
4 Beds • 2 Bath
$1,995
Size: N/A
0 Available
Managed By: Watson Management Services Llc
2001 Waverly Dr SE
$1,995
Rented
View
Where you'll live
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Redwood & Waverly Square Apartment Homes
Redwood & Waverly Square Apartment Homes
Redwood & Waverly Square Apartment Homes
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit:

1000 - 1250

Property details
Description

Redwood & Waverly Square Apartments are perfectly situated in the heart of town, less than one mile from dining, shopping, entertainment, and Lexington Park. Our welcoming communities are professionally cared for by a responsive staff who are dedicated to making these communities the ideal place for you to come home to. Our spacious floor plan includes a washer/dryer set, dishwasher, private patio/balcony with an enjoyable view of the beautifully landscaped property, and an assigned carport parking space.

Additional Details
Total Unit Count: 138
Last Updated: Updated 2 hours ago
Contact Number: (541) 928-3333
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Redwood & Waverly Square Apartment Homes by bedroom type below.
2 Bedroom
Suggested income:
$49,800
per year
3 Bedroom
Suggested income:
$61,200
per year
Rent report

Redwood & Waverly Square Apartment Homes Rent vs. Albany Average

 Redwood & Waverly Square Apartment Homes      Albany Average
2BR
$1,383
$1,525
$0
$500
$1,000
$1,500
$2,000
3BR
$1,700
$2,411
$0
$800
$1,600
$2,400
$3,200

Redwood & Waverly Square Apartment Homes is asking 9% less than the average 2 bedroom apartment in Albany.

If you upsized to an average priced Albany 3 bedroom apartment, you would pay 37% more per month.

If you downsized to an average priced Albany 1 bedroom apartment, you would pay 11% less per month.

Redwood & Waverly Square Apartment Homes provides 2% less square footage than the average Albany 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Redwood & Waverly Square Apartment Homes
2BR $1,383 $1.60 $4,150
3BR $1,700 $1.60 $5,100
Albany Average
Studio $2,683 $5.90 $8,048
1BR $1,379 $2.20 $4,137
2BR $1,525 $1.70 $4,576
3BR $2,411 $1.70 $7,232
4BR $2,860 $1.30 $8,580

Availability in Albany

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 55 2BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 17% 45% 26% 7%
Available Units in Albany
Studio 6
1BR 21
2BR 55
3BR 32
4BR 8
Location
Nearby College

Linn-Benton Community College

Nearby Hospitals
Name Distance
Samaritan Albany Ge NER Al Hospital 2.18 mi.
Good Samaritan Regional Medical Center 9.05 mi.
Samaritan Lebanon Community Hospital 9.67 mi.
Nearby Fire Stations
Name Distance
Albany Fire Department Station 1.8 mi.
Clinton Township Fire Department 3.76 mi.
Tangent Rural Fire Protection District 5.06 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. The soonest move-in date is December 15, 2025.
What's the square footage of the available units?
The available units range from 850 to 1,067 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,350 to $1,700. Redwood & Waverly Square Apartment Homes has 2 bedroom units available starting at $1,350 and 3 bedroom units available starting at $1,700.
Where is this property located?
This property is at 1515-2221 Waverly Dr SE in Albany, OR. It's 1.4 miles east from the center of Albany.
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