Home / Salem / 227-river Valley Terrace
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Updated 2 days ago

227-river Valley Terrace


644 River Valley Dr NW Salem, OR

2 - 3 Bed
•
2 Bath

938 - 1,100 Sq. Ft.

Available Now
2 Beds • 2 Bath
$1,495
968 ft2
3 Available
Managed By: Shelter Management Inc.
Updated 2 days ago

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642-305
$1,495
Available Now
View
646-313
$1,495
Available Now
View
646-215
$1,495
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,495
938 ft2
2 Available
Managed By: Shelter Management Inc.
Updated 2 days ago

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644-311
$1,495
Available Now
View
640-201
$1,495
Available Now
View
View Rented Units
3 Beds • 2 Bath
$1,795
1100 ft2
2 Available
Managed By: Shelter Management Inc.
Updated 2 days ago

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644-109
$1,795
Available Now
View
644-212
$1,795
Available Now
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
18
Car-Dependent
Transit Score®
31
Some Transit
Bike Score®
38
Somewhat Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Elevator
Granite Countertop
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: 1100.0 - 1350.0
Property details
Description

RENT REDUCED! Apply Today to Secure Your Beautiful New Apartment Home! - IMPROVED MONTHLY RENT RATE! APPLY FOR YOUR NEW APARTMENT HOME TODAY!

Welcome to River Valley Terrace! These beautiful apartment homes offer a full-sized washer and dryer, private patio with storage, modern color schemes, granite counter tops, luxury vinyl plank flooring, carpeted bedrooms, air conditioning, ceiling fans, built-in microwaves, assigned carport parking, walk-in closet in 2nd bedroom, and so much more. Small, quiet community tucked away off the beaten path, yet close to area conveniences.

Pet policy: Maximum 40 lbs when full grown, at least 1 year old, up to date on shots.

DISCLOSURES:

RENT/DEPOSIT/INSURANCE DISCLOSURE

*THE FOLLOWING INFORMATION IS SUBJECT TO CHANGE PRIOR TO EXECUTION OF RENTAL AGREEMENT

RENT:
The following are MAXIMUM amounts. The actual amounts charged will depend on the unit size, screening results and other factors.

Unit Rent: Two Bdrm: $1,495-$1,595
Pet Rent: $25
Utility Bill-Back: $55

DEPOSITS:

Security Deposit MINIMUM: $1,100
Security Deposit MAXIMUM: $2,200
(Depends on screening results and unit size)
Additional Security Deposit For Having a Pet: $400
_____________________________________________________________________________________

RENTERS & LIABILITY INSURANCE:

A Renters and Liability Insurance policy with SMI Property Management listed as an interested party, is required to be provided at the commencement of the lease/rental agreement and is to be maintained throughout the term of the tenancy in the amount of $100,000. No insurance will be required if: A) The household income of all of the tenants in the unit is equal to or less than fifty percent of the area median income, adjusted for family size as measured up to a five-person family; or B) If the dwelling unit has been subsidized with public funds, not including housing choice vouchers.
_____________________________________________________________________________________

Approximate number of units currently available, or which will in the foreseeable future be available, of the size and in the area requested by applicant:______ unit(s). Approximate number of applications previously accepted and currently under consideration for those units:______ application(s). If the blanks above are not filled in, then there is at least one unit available and there are no applications ahead of yours currently under consideration.

Interior photos may not represent the actual unit.

Additional Details
Account Type: Other
Total Unit Count: 60
Last Updated: Updated 2 days ago
Contact Number: (503) 585-6176
Photos Floor Plans Amenities
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 227-river Valley Terrace by bedroom type below.
2 Bedroom
Suggested income:
$53,800
per year
3 Bedroom
Suggested income:
$64,600
per year
Rent report

227-river Valley Terrace Rent vs. Salem Average

 227-river Valley Terrace      Salem Average
2BR
$1,495
$1,483
$0
$500
$1,000
$1,500
$2,000
3BR
$1,795
$2,135
$0
$700
$1,400
$2,100
$2,800

227-river Valley Terrace is asking 1% more 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.

227-river Valley Terrace provides 2% more square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
227-river Valley Terrace
2BR $1,495 $1.60 $4,485
3BR $1,795 $1.60 $5,385
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
Salem Hospital 2.07 mi.
Oregon State Hospital Salem 2.72 mi.
West Valley Hospital 12.91 mi.
Nearby Fire Stations
Name Distance
Marion Fire/Ems 1.49 mi.
Salem Fire & Ems Department 1.49 mi.
Salem Fire Department 1.61 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 vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 938 to 1,100 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 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,495 to $1,795. 227-river Valley Terrace has 2 bedroom units available starting at $1,495 and 3 bedroom units available starting at $1,795.
Where is this property located?
This property is at 644 River Valley Dr NW in Salem, OR. It's 1.7 miles northwest from the center of Salem.
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