Home / Salem / 4016 45th Ave NE & 4505 Herrin RD NE

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Updated 3 hours ago

4016 45th Ave NE & 4505 Herrin RD NE

Salem, OR

1 Bed

•

1 Bath

•

792 Sq. Ft.

•

Available starting Dec. 16^th

Floor plans

1 beds (1)

1 Bed • 1 Bath

$1,195

792 ft²

1 Available

Managed By: Valley First Property Management, LLC

4505 Herrin Rd NE

$1,195

Available Dec 16^th, 2025

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Fees & leasing info

Lease & Fees

Security Deposit: $800

Property details

Additional Details

Total Unit Count: 2

Last Updated: Updated 3 hours ago

Contact Number: (503) 694-9280

Contact 4016 45th Ave NE & 4505 Herrin RD NE

$1,195

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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 4016 45th Ave NE & 4505 Herrin RD NE by bedroom type below.

1 Bedroom

Suggested income:

$43,000

per year

Rent report

4016 45th Ave NE & 4505 Herrin RD NE Rent vs. Salem Average

4016 45th Ave NE & 4505 Herrin RD NE Salem Average

1BR

$1,195

$1,251

$0

$450

$900

$1,350

$1,800

4016 45th Ave NE & 4505 Herrin RD NE is asking 5% less than the average 1 bedroom apartment in Salem.

If you upsized to an average priced Salem 2 bedroom apartment, you would pay 15% more per month.

If you downsized to an average priced Salem studio apartment, you would pay 1% more per month.

4016 45th Ave NE & 4505 Herrin RD NE provides 19% more square footage than the average Salem 1 bedroom apartment.

	Monthly Rent	Rent per Sq. Ft.	Suggested Monthly Income
4016 45th Ave NE & 4505 Herrin RD NE
1BR	$1,195	$1.50	$3,585
Salem Average
Studio	$1,259	$3.10	$3,777
1BR	$1,251	$1.90	$3,754
2BR	$1,481	$1.60	$4,442
3BR	$2,050	$1.60	$6,151
4BR	$2,906	$1.40	$8,719

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 428 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Salem
Studio	18
1BR	177
2BR	428
3BR	81
4BR	13

Location

Nearby Colleges

Chemeketa Community College

Willamette University

Nearby Hospitals

Name Distance

Oregon State Hospital Salem 3.08 mi.

Salem Hospital 4.29 mi.

Legacy Silverton Hospital 9.14 mi.

Nearby Fire Stations

Name Distance

Marion Community Fire Department 0.76 mi.

Salem Fire Department 1.67 mi.

Marion County Fire District #1 1.67 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 on December 16, 2025.

What's the square footage of the available units?

It's 792 square feet.

Does this property allow cats or dogs?

The property manager did not submit a pet policy with this listing.

How many bedrooms are in the available units?

There are 1 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?

4016 45th Ave NE & 4505 Herrin RD NE has a 1 bedroom unit starting at $1,195.

Where is this property located?

This property is at 4016 45th Ave NE & 4505 Herrin RD NE in Salem, OR. It's 3.8 miles northeast from the center of Salem.

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