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Updated 3 days ago

1554 Park Ave NE


Salem, OR

2 Bed
1 Bath

920 Sq. Ft.

Available Now
2 Beds • 1 Bath
$1,375
920 ft2
1 Available
Managed By: Watson Management Services Llc
Updated 3 days ago

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$1,375
Available Now
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Where you'll live
Street View
Map View
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Location ratings
Walk Score®
59
Somewhat Walkable
Transit Score®
41
Some Transit
Bike Score®
86
Very Bikeable
Amenities
On-site Laundry
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0
Property details
Description

RENT SPECIAL $150.00 on your first 3 months of rent, total of $450.00

MORE PHOTOS COMING SOON

2 bedroom, 1 bath apartment in Northeast Salem at Cypress Villa apartment complex. Recently updated with laminate flooring throughout. Water, sewer, garbage included in rent. Back patio with shared front lawn, 1 covered parking space per unit.

Rent: $1,375.00
Application Fee: $50.00
Security Deposit: $2,565.00
Pets subject to approval and will require additional deposit of $550.00 per pet and $60.00 pet rent per pet, maximum limit 2 pets.
Security deposit due within 48 hours of application approval and must be able to take posession of the property within 2 weeks of approval.
Security deposit listed is the minimum, actual security deposit based on application results.

QUALIFICATIONS/SCREENING CRITERIA:

►Credit/criminal/background screening:
Negative credit reports may result in denial of Application. Negative reports include, but are not limited to: late payments, collections, judgments, total debt load, and pending bankruptcy excepting nonpayment balances that accrued during the COVID-19 Protected Period (April 1, 2020 – February 28, 2022).

►Employment and income will be verified:
Income must be verifiable through pay stubs or employer contact; job offer letters, award letters for Social Security, alimony, child support, public assitance, utility or housing assistance; current tax records; or bank statements.

►Rental references will be obtained:
No evictions within the past five years. We do not consider evictions which took place five years or more ago, nor do we consider evictions which resulted in a dismissal or a general judgment for the Applicant. We also do not consider eviction judgments that were rendered during the COVID-19 Protected Period (April 1, 2020 - February 28, 2022).
Applicants must provide the information necessary to contact current/past Landlords to obtain a rental reference.

►Total household gross income must be 2.5 times the monthly rent amount:
Income must be verifiable through pay stubs or employer contact; award letters for Social Security, alimony, child support, public assitance, job offer letters, utility or housing assistance; current tax records; or bank statements.

Renters insurance required:
Tenant(s) is required to maintain minimum of $100,000 liability coverage and list Owner/Agent as Interested Party. If Tenant's household income falls at or below 50% of the median for the area, Renter's liability insurance may not be required.

Applications must be submitted for each indiviual 18+ yrs. old, who will be living in the household. Co-Signers must submit a seperate applicaiton. All group applications must be submitted at the same time for processing.
In order for your application to be processed, you must submit the following:
►Copy of Photo Government issued ID
►Copy of Social security card or equivalent
►Income verification documentation
Applications are on a first come basis and are processed in the order they are received.
INCOMPLETE,INACCURATE, OR FALSIFIED INFORMATION-
Any information that is incomplete, inaccurate, or falsified, will be grounds for immediate denial of application.
Application screening is proceessed by Watson Management Services. Public records report, regarding your credit history, rental history, and/or criminal history obtained through AppFolio, Inc 70 Castilian Dr. Santa Barbara, CA 93117.

Watson Management Services welcomes recipients of section 8 vouchers, All Section 8 applicants must meet the same criteria as stated above, with the exception that the applicant only needs to meet 2.5 times the amount of their portion of the rent.

Showings may be group style showings.
NONDISCRIMINATION POLICY- We operate in compliance with Fair Housing Law. We do not discriminate against applicants based on the race, color, reigion, sex, sexual orientation, gender, identity, natural origin, marital status, familial status or source of income of the applicant.

Disclaimer-
The information contained herein was compiled from data furnished by the property owner and/or other sources deemed reliable; however, accuracy is not guaranteed.

Additional Details
Account Type: Other
Total Unit Count: 1
Last Updated: Updated 3 days ago
Contact Number: (541) 248-3993
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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 1554 Park Ave NE by bedroom type below.
2 Bedroom
Suggested income:
$49,500
per year
Rent report

1554 Park Ave NE Rent vs. Salem Average

 1554 Park Ave NE      Salem Average
2BR
$1,375
$1,483
$0
$500
$1,000
$1,500
$2,000

1554 Park Ave NE is asking 7% less than the average 2 bedroom apartment in Salem.

If you upsized to an average priced Salem 3 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced Salem 1 bedroom apartment, you would pay 13% less per month.

1554 Park Ave NE provides 2% less square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1554 Park Ave NE
2BR $1,375 $1.50 $4,125
Salem Average
Studio $1,061 $2.40 $3,184
1BR $1,309 $2.00 $3,928
2BR $1,483 $1.60 $4,450
3BR $2,135 $1.60 $6,405
4BR $2,637 $1.30 $7,910

Availability in Salem

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 306 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 28% 51% 12% 2%
Available Units in Salem
Studio 40
1BR 166
2BR 306
3BR 75
4BR 12
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Oregon State Hospital Salem 0.68 mi.
Salem Hospital 1.97 mi.
Legacy Silverton Hospital 11.0 mi.
Nearby Fire Stations
Name Distance
Salem Fire Department 0.76 mi.
Marion County Fire District #1 0.76 mi.
Marion Community Fire Department 1.71 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 920 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 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1554 Park Ave NE has a 2 bedroom unit starting at $1,375.
Where is this property located?
This property is at 1554 Park Ave NE in Salem, OR. It's 1.6 miles east from the center of Salem.
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